Rubrics Morning Comment 19.10.22 – Rubrics – Asset Management

19th October 2022

Kashkari Says Fed Can’t Pause at 4.5% If Inflation Still Rising

Fed needs to see progress on core inflation, Kashkari says

Minneapolis Fed chief questions whether labor market is tight

https://blinks.bloomberg.com/news/stories/RJYYGCT0G1KZ

Oil Advances From Two-Week Low on Lingering Supply Concerns

US plans to release 15 million barrels of crude from reserves

OPEC defends controversial supply cuts, citing recession risks

https://blinks.bloomberg.com/news/stories/RJZIHKT1UM0W

BofA Survey ‘Screams’ Capitulation With Rally Set for 2023

Sentiment on equities and growth shows full capitulation: BofA

Strategists expect stocks to bottom in the first half of 2023

https://blinks.bloomberg.com/news/stories/RJYAY4T0G1KX

Some Fed Directors Eyed Smaller September Hike, Others Said More

New York, San Francisco boards sought 50 basis-point hike

Directors at Minneapolis Fed supported 100 basis-point hike

https://blinks.bloomberg.com/news/stories/RJYL15T0AFB8

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.

Copyright © 2024 Rubrics Asset Management (Ireland) Limited
Rubrics Asset Management (Ireland) Limited is a private company registered in Ireland (reference number: 613956) and regulated by the Central Bank of Ireland in the conduct of financial services (reference number: C173854). Details about the extent of our authorisation and regulation is available on request. Rubrics Asset Management (UK) Limited is an appointed representative of Laven Advisors LLP, which is authorised and regulated by the Financial Conduct Authority of the United Kingdom (Reference number: 447282).