More than 100 container ships have changed their Red Sea route to the Cape of Good Hope at the southern tip of Africa to avoid attacks by the Houthi rebels off the coast of Yemen, but this has resulted in increased costs and shipping delays. There is. The United States is considering ways to respond … Read more
Goldman Sachs Group Inc. strategists have revised their 2024 target for the S&P 500 upward just a month after setting it. Goldman’s Kostin predicts S&P 500 to near record high next year With the Fed’s dovish turn last week and inflation slowing, real yields will fall, supporting stock valuations, the team led by David Kostin … Read more
This week, Federal Reserve Chairman Jerome Powell made comments that seemed to further embarrass the market, which had already been pricing in a shift to monetary easing, sparking confusion among market participants. It’s going up in the club. On the 15th, New York Fed President Williams said it was too early to discuss a March … Read more
Opinions among the big names in the bond world are divided as the focus is on how high the U.S. Treasury market will rise after the U.S. Federal Reserve signaled that it is willing to cut interest rates. Jeffrey Gundlach, founder of DoubleLine Capital, said he expects the U.S. Federal Reserve to cut interest rates … Read more
The US financial authorities are likely to decide to keep interest rates unchanged for the third consecutive time at the Federal Open Market Committee (FOMC) meeting, which will be held for two days until the 13th. On the other hand, market expectations that the government will cut interest rates as early as March next year … Read more
Federal Reserve Chairman Jerome Powell has said that curbing inflation will have to be painful. However, there is now a growing possibility that this will not happen. The current unemployment rate is 3.7%, about the same level as it was in March 2022, when the interest rate hike began. Meanwhile, the pace of slowing inflation … Read more
The November US employment statistics released on the 8th show that growth in the number of employees and wages exceeded market expectations, and expectations for aggressive monetary easing next year have receded. US bond yields rose. The yield on two-year Treasuries, the benchmark most closely related to U.S. policy interest rates, rose 14 basis points … Read more
U.S. stocks, which rose in November, will become more volatile in December as U.S. bond yields rise and fall. This was predicted by Morgan Stanley strategist Michael Wilson. He remains bearish on the S&P 500 after it rose nearly 20% this year, but expects more constructive seasonal trends and the so-called “January effect” to support … Read more
The US economy has finally begun to slow down. Recent economic indicators, warnings issued by major retailers such as Walmart, US Regional Federal Reserve Economic Report (Signs of this are increasing, such as comments on the economic situation in the Beige Book. U.S. household budgets showed unexpected strength through much of 2023, with spending increasing … Read more
U.S. financial officials’ statements showed a change in tone this week. It’s a step closer to a conversation that has been going on in the market for some time about when the authorities will start cutting interest rates. Several Federal Reserve Board members and regional Fed presidents have spoken so far this week, and the … Read more