Stocks continue rising and ignoring depressing news. The Federal Reserve is the primary driver. We explain what the Fed is doing, why it is not QE and what’s next for stocks. A quick history for Fed action: The Federal Reserve…
After a hiatus, Lior Cohen and Yohay Elam return with a virtual tour around the world, kicking off in Germany and encompassing the globe. What’s next for Europe, the US, and the central bank policy? Germany in manufacturing recession: The…
Unlike last year’s contentious FOMC meeting in December, this year’s rate decision was uneventful, as the Federal Reserve kept rates, as markets expected, unchanged. Looking forward, the Fed’s dot plot points towards no change in interest rates in 2020 and…
The Federal Reserve, as expected, lowered interest rates by 25bp to a range of 2% to 2.25%. One thing is emerging from Jay Powell, Fed’s Chair, and his way of conducting monetary policy – he doesn’t like to surprise the…
The Federal Reserve recent monetary policy meeting ended, as expected, with no rate cuts, but it moved a bit towards considering lowering rates. Despite the dovish rhetoric from Chair Jerome Powell, the Fed’s signal to lower rates in the dot…
The inversion of the yield curve has raised concerns in the media over the possibility of a recession in the next 12 to 18 months. Considering the inversion has been a reliable indicator during the past 40 years, it could…