Tuesday, March 14, 2017

Extra Links

1--Trumpcare breaks every promise Trump made about health care-- The bill would not preserve coverage for millions nor guarantee cheaper and better health care.

2--Atlanta Fed lowers Q1 GDP to 1.2%

3--Rising ‘Real’ Yields Signal Optimism on Economy  Investors are sanguine on global economy as Fed embarks on next tightening phase

4--U.S. 10-Year Bond Yield Closes at Highest Since September 2014-- Yield topples its mid-December peak of 2.6% as investors bet the fed will raise rates this week

5--Inflation: The Price Is Finally Right for the Fed -- Rising inflation expectations bode well for the central bank ahead of this week’s policy meeting

6--Be Careful: Stock Volatility is Hiding, Not Hibernating -- Traders are now seeing risks of a “melt-up” as well as a meltdown

7--What suddenly lit a fire under the Fed? The bubbly market?

The recent data aren’t that different from what they were at the time of the January meeting and we didn’t really use the January meeting to set up a March rate hike,” said James Bullard, president of the St. Louis Fed, in a March 3 interview with the Wall Street Journal.
Bullard offered an answer as well. “The one thing that has changed a lot is equity prices,” Bullard said, noting that historically, the Fed has been unwilling to cite asset prices as a reason for a change in interest rates.
By all appearances, our “data-dependent” policy makers are relying on sentiment: on the optimism reflected in stock prices, to be specific.

1 comment:

  1. Very good post, and I like your points. However I do think that lists still have some merit, but the poster should try to make the list.

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