In testimony last week, the FED chairman Powell expressed his support for faster tapering the bond purchasing program. Chairman Powell declared that the FED should no longer refer to the…
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fundamental notes
FED Chairman Powell expressed worry about the persistence of high inflation
After months of repeating the same message, that inflation is transitional, the FED Chairman Powell expressed worry about the persistence of high inflation. Chairman Powell even went further call it…
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FED started taper talks and moved the prediction for an interest rate increase to 2023 from 2024
Reading the latest FOMC statement from the last week, one would wonder why there was a strong reaction in the currency market. However, the surprise came from the Federal Open…
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The markets wait for the FED press conference after another inflation spike
Last week, the annual inflation rate in the US accelerated to 5% in May of 2021 from 4.2% in April and above market forecasts of 4.7%. Furthermore, the Core consumer prices…
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FED will start to unwind its portfolio of corporate bond ETFs
Another volatile week in the currency markets, caused by the strong ADP Employment report for the US, the number came at 978K vs. an expectation for 650K. That pushed the market…
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The markets balance between Central Banks policies changes, countries huge budgets deficits, and rising inflation
Last week ended with increased volatility caused by the release of a report for the US PCE Price Index YoY APR, which came at 3.6% vs. an expectation for 3.00% and…
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Members of the FOMC expressed a desire to talk about QE tapering during the Committee’s meeting in June
From the latest FOMC Meeting Minutes released last week, we learned that “a number of participants suggested that if the economy continued to make rapid progress toward the Committee’s goals,…
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Spike in the US inflation, will the FED blink, Central Banks are back on focus
The volatility in the markets started with the weak US Non-Farm Payroll report for April 2021 and continued with the US inflation reports on Wednesdays, the 12th of May 2021….
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Robust economic data and earnings season continues, bringing the tapering QE talk to focus
Last week was an eventful one, to say the least, a robust economic data is coming not only from the US but from the EU, UK, Australia, New Zealand, and…
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Another set of blowout tech earning and strong economic data, underlining the robust US economy
In the past week, we witness another blowout earnings report from Facebook (FB), Alphabet Inc. (Google), Amazon COM Inc. (AMZN), Apple Inc. (AAPL), Microsoft Corp. (MSFT), and the list goes…
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Strong earnings reports and economic data support the stock markets and pointing to a roaring economy
Another round of strong earnings reports from Chipotle, Snap Inc., Procter & Gamble, Johnson & Johnson, Coca-Cola, Harley-Davidson, Inc., Prologis, Inc., United Community Banks, Inc., Philip Morris International Inc., and…
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Robust manufacturing data and job report pushing the stock markets higher
The data releases from the last week were encouraging, pointing to perhaps the beginning of a robust economic recovery not only in the USA but in Europe as well. The…
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