6th December 2021
- Powell’s Fast-Taper Signal Presages Agile Fed on 2022 Rate Hikes
Fed seen on track to speed up bond taper as unemployment falls
With taper wrapping earlier, path clear for rates to be raised
https://blinks.bloomberg.com/news/stories/R3K53VDWX2PY
- Credit Funds Signal More Pain as Record Cash Swamps Treasury ETF
Traders hedge against further downside risk in corporate bonds
Bonds, equities shudder as omicron collides with taper talk
https://blinks.bloomberg.com/news/stories/R3MDXJT0AFB5
- Initial Hospital Data in Omicron Epicenter Shows Milder Disease
Most patients in Covid wards have not been oxygen dependent
This seems different from earlier waves where fewer vaccinated
https://blinks.bloomberg.com/news/stories/R3N0GQT0AFB4
- Goldman Cuts U.S. GDP Forecast With Omicron a Drag on Growth
Forecast for 2021 reduced to 3.8% from 4.2%, 2022 cut to 2.9%
Omicron ‘modest downside’ on GDP; mixed effect on inflation
https://blinks.bloomberg.com/news/stories/R3L5Y4T0AFB8
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