Rubrics Morning Comment 28.04.23
28th April 2023
• Fed Emergency Loans Rise Again Amid Renewed Financial Stress; • Treasury Yields Climb as Inflation Surprise Props Up Fed Wagers; • US in ‘Worst of Both Worlds’ With High Inflation, GDP Slowdown; • Powell Faces Pushback Inside Fed Over Need to Cool Wage Gains more
Rubrics Morning Comment 27.04.23
27th April 2023
• GDP, Employment Costs Seen Keeping Fed Tilted Toward Rate Hike; • Goldman Says Big US Tax Haul Means Debt-Limit Deadline in July; • Bank Turmoil Seen Crimping Credit at Double Powell’s Estimate; • First Republic Is Said to Face Potential Fed Borrowing Curb more
Rubrics Morning Comment 26.04.23
26th April 2023
• Banks Warned Regulators on Losses Months Before SVB Failed; • First Republic Mulls $100 Billion Asset Sales in Turnaround Plan; • Housing-Market Bottom Raises Hopes That US Can Avoid Recession; • US Consumer Confidence Dips to Lowest Since July as Outlook Dims more
Rubrics Morning Comment 25.04.23
25th April 2023
• JPMorgan’s Kolanovic Warns Low Volatility Masks Risks to Stocks; • Hedge Funds Place Record Treasuries Short as Fed Divides Market; • First Republic Deposit Flight Jars Investors After Weeks of Calm; • Oil Steady After Two-Day Gain as Supply Issues Blunt Demand Woes more
Rubrics Morning Comment 24.04.23
24th April 2023
• Fed Officials on Track to Hike Rates and Signal Potential Pause; • McCarthy Says House Will Pass GOP Debt-Limit Bill This Week; • Dollar Will Suffer as Traders Get Fed Cuts Wrong: MLIV Pulse; • Fed’s Next Rate Move May Crystallize With Coming Data: Eco Week more
Rubrics Morning Comment 21.04.23
21st April 2023
• Fed Officials Back Another Hike While Watching Banking Fallout; • US Recurring Jobless Claims Jump to Highest Since November 2021; • Fed’s Mester Says FOMC to Assess Loan Tightening at May Meeting; • Fed Emergency Loans to Banks Post First Rise in Five Weeks more
Rubrics Morning Comment 20.04.23
20th April 2023
• US Economy Stalls as Credit Narrows, Fed’s Beige Book Says; • Fed’s Williams Says Banking Stress Likely to Tighten Credit; • Fed’s Goolsbee Says He’s Watching Tighter Credit Economy Impact; • McCarthy Proposes $1.5 Trillion US Debt-Limit Increase more
Rubrics Morning Comment 19.04.23
19th April 2023
• Fed's Bostic Favors One More Hike Then a Pause for Some Time; • Fed’s Bullard Says Recession Fears Off-Base and Urges More Hikes; • US Paychecks Are Outpacing Inflation, Giving Fed Fodder for Hike; • House GOP Plans to Vote Next Week on Debt Ceiling, Spending Cuts more
Rubrics Morning Comment 18.04.23
18th April 2023
• Fed’s Barkin Wants More Evidence Inflation Is Easing to Goal; • Treasury Sells 3-Month Bills at Highest Rate Since Clinton; • Hedge Funds Go All In on Dollar, First Time in Over a Year; • Credit Market Rallies to Pre-SVB Levels as Banking Turmoil Eases more
Rubrics Morning Comment 17.04.23
17th April 2023
• Treasury Yields Rise Sharply, Pricing In a Fed Rate Hike by June; • Fed's Waller Urges More Tightening With Inflation Far Too High; • Fuel That Powers the Global Economy Is Flashing Recession Signs; • Oil Steady After Four Weekly Gains as IEA Warns of Price Rises more
