Rubrics Morning Comment 30.05.23
30th May 2023
• Treasury Bills Climb as Traders Bet Congress Will Pass Debt Deal; • Biden, McCarthy Work Lawmakers to Pass Deal as Time Runs Short; • Debt Deal to Hit a US Economy Already Facing Recession Risk; • ‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities more
Rubrics Morning Comment 29.05.23
29th May 2023
• Biden, McCarthy Voice Confidence Debt Deal Will Pass in Time; • Fed's Mester Says 'Everything' on the Table for June Rate Action; • Debt Deal Adds Brake on US Economy Already at Risk of Recession; • Fed’s Goolsbee Warns US Default ‘Extremely Negative’ For Economy more
Rubrics Morning Comment 26.05.23
26th May 2023
• Debt Deal Takes Shape to Raise Limit, Cap Spending for Two Years; • US on ‘Borrowed Time’ as Debt Cap Drives Cash Below $50 Billion; • Collins Says Fed at or Near Rate-Pause Point as Inflation Cools; • Fed Traders Fully Price In an Interest-Rate Hike Once Again more
Rubrics Morning Comment 25.05.23
25th May 2023
• US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse; • Fed Officials Lean Toward Pause in June, But Not Ready to Stop; • Fed’s Bostic Says Flexibility Will Be Key in Interest-Rate Calls; • Social Security Looms as Ultimate Enforcer of Debt-Limit Deal more
Rubrics Morning Comment 24.05.23
24th May 2023
• McCarthy, Graves Signal Impasse in White House Debt Talks; • Fed Needs to Loosen Tight Job Market, Bernanke and Blanchard Say; • Goldman Sachs Says There Is ‘More Room’ for Dollar Strength; • US Business Activity Unexpectedly Quickens to a 13-Month High more
Rubrics Morning Comment 23.05.23
23rd May 2023
• Two Fed Hawks Say More Rate Hikes May Be Needed to Quell Prices; • Biden-McCarthy Debt Talk Ends With Optimism, But Without a Deal; • Yellen Says It's Now 'Highly Likely' US Out of Cash Early June; • US Default Scenarios Span From Localized Pain to Dimon’s ‘Panic’ more
Rubrics Morning Comment 22.05.23
22nd May 2023
• Powell Steers Policy Debate With Clear Signal on June Rate Pause; • Biden, McCarthy Set to Discuss Debt Limit as Talks Restart; • Yellen Doubts US Could Still Pay All of Its Bills by June 15; • Biden Says US-China Relations Set to Improve ‘Very Shortly’ more
Rubrics Morning Comment 19.05.23
19th May 2023
• Fed's Logan Doesn't Yet See Case for June Pause Amid High Prices; • McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline; • Fed Loans to Banks Rise as Term Funding Program Reaches New High; • Fed ‘Skip’ Sounds Like the New ‘Pause’ as Officials Weigh Policy more
Rubrics Morning Comment 18.05.23
18th May 2023
• Biden 'Confident' on Reaching Debt Deal as GOP Bashes Japan Trip; • Oil Steadies as US Debt Optimism Offsets Rising Crude Stockpiles; • US Commercial Property Sees First Drop Since 2011, Moody’s Says; • US Housing Starts Rise in Sign Home Construction Is Stabilizing more
Rubrics Morning Comment 17.05.23
17th May 2023
• Debt-Limit Talks to Intensify as Biden Set to Depart for Japan; • Fed Officials Reveal Debate Over June Pause or Need to Hike More; • US Retail Sales Increase in Sign of Steady Consumer Spending; • JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming more
