Rubrics Morning Comment 16.05.23
16th May 2023
• Fed Officials Signal Rate Caution on Credit and Price Pressures; • Yellen Warns US Paying Price as Negotiators Battle on Debt Limit; • McCarthy Says Leaders ‘Nowhere Near’ Deal Before Tuesday Meeting; • SVB’s Ex-CEO Says Fed, Social Media Contributed to Collapse more
Rubrics Morning Comment 15.05.23
15th May 2023
• US Consumer Long-Term Inflation Expectations Hit 12-Year High; • The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says; • Fed’s Jefferson Says Inflation High, But Policy ‘On Track’; • G-7 Finance Chiefs Unite to Condemn Russia and Counter China more
Rubrics Morning Comment 11.05.23
11th May 2023
• US Inflation Shows Signs of Moderating, Giving Fed Room to Pause; • Yellen Says Debt Default Would Hurt US International Leadership; • Biden Presses for China Contact Despite Risks of Losing Leverage; • Trump Urges Republicans to Get Spending Cuts or Push US Default more
Rubrics Morning Comment 10.05.23
10th May 2023
• Biden, McCarthy Vow More Debt-Limit Talks as US Default Looms; • Goldman’s Hammack Sees ‘Real Risk’ to Dollar From Debt-Cap Brawl; • Williams Says Fed Is Data Dependent, Leaves Door Open to Pause; • Oil Declines After Three-Day Advance as Appetite for Risk Fades more
Rubrics Morning Comment 09.05.23
9th May 2023
• Fed Says First-Quarter Loan Standards Tightened, Demand Weakened; • Goldman Sachs Joins Barclays in Bet Against Fed Cuts This Year; • Fed’s Inflation Hopes Tested as Firms Favor Prices Over Volume; • Fed Flags Concerns Over Credit Tightening, Financial Stress more
Rubrics Morning Comment 08.05.23
8th May 2023
• Bond Traders Bet on Biggest Fed Shift in Decades on Credit Risks; • Hot Jobs Report Raises Odds Fed Keeps Rates Higher for Longer; • Yellen Says No Good Alternative to Congress Lifting Debt Cap; • Fed’s Bullard Says Higher Rates Likely Needed to Cool Inflation more
Rubrics Morning Comment 05.05.23
5th May 2023
• Fed Swaps Point to a Rate Cut by July, or Maybe Even June; • PacWest, Western Alliance Sink as Bank Stocks’ Rout Deepens; • Fed Emergency Loans Plunge After First Republic Seizure; • US Jobless Claims Rise to 242,000, Biggest Increase in Six Weeks more
Rubrics Morning Comment 04.05.23
4th May 2023
• Fed Hikes Rates by Quarter Point, Powell Hints at Possible Pause; • Bond Traders Double Down on Fed Cut Bets as Hike Risks Dwindle; • US Service Industry Expands at a Modest Pace as Activity Cools; • White House Warns Debt-Limit Breach Could Kill Millions of Jobs more
Rubrics Morning Comment 03.05.23
3rd May 2023
• Fed Ready to Pause With One Last Hike: Decision-Day Guide; • Traders Reshuffle Fed Wagers in Last-Minute Policy Repricing; • Debt Ceiling Anxiety Tracker: Market Fear About June Is Growing; • Regional Bank Shares Plunge on Prospect of More Rescues to Come more
Rubrics Morning Comment 02.05.23
2nd May 2023
• Biden Sets High-Stakes Debt-Limit Meeting as Deadline Nears; • Stagflation Is the Risk That Eludes Investors Mispricing Markets; • JPMorgan Ends First Republic’s Turmoil After FDIC Seizure; • Fed & Co. Confront History of Mistakes as Hiking Cycle Nears End more
