13th November 2023

  • A Big Bond Rally Needs a Recession With Fed Wary of ‘Head Fakes’

Traders look for Fed to make policy less restrictive next year

But Powell plan to ‘move carefully’ is recipe for volatility

https://blinks.bloomberg.com/news/stories/S3TBYXT0G1KW

  • US’s Last Top Credit Rating Is Threatened in Shift by Moody’s

Assessor cites risks from deficits, political polarization

Fitch, S&P previously stripped US of highest investment grade

https://blinks.bloomberg.com/news/stories/S3XN9KT1UM0W

  • US Consumer Long-Term Inflation Expectations Reach 12-Year High

Inflation views over 5-10 years rose to 3.2% in November

University of Michigan sentiment index dropped to 60.4

https://blinks.bloomberg.com/news/stories/S3WY3GDWLU68

  • Daly Suggests Fed May Hike Again If Growth, Inflation Persist

San Francisco Fed chief says central bank must remain agile

Bostic says Fed can reach 2% inflation goal without more hikes

https://blinks.bloomberg.com/news/stories/S3X91ZDWRGG0

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