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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