If you've never watched Love Island - I have a girlfriend so I am practically forced to - this is a question that is asked by the contestants to their prospective partners to figure out the basic human relationship formation, as to whether someone actually likes them or not.
Taper hints at Jackson Hole and a formal announcement in September is certainly possible, but don't expect hawkishness alongside the announcement
Woah. I thought yields were meant to be at like 3% by now?! I thought we were meant to be praising the bond vigilantes for being right? I thought that we were meant to see a treasury yield curve steeper than Everest?! Clearly not.
As usual, stocks have continued their charge upwards. The NASDAQ is up 1.44% this week, the SP500 up 0.25% and the Russell is down 1.45% In currency land, it’s really been a dollar story into month end with the Greenback up 0.75%.
The market is perceiving the inflation rate over the next 10 years to be sitting at ~2.3%. This is not exactly the rabid, regime changing inflation number that you would expect really, is it? And now we can look at inflation over the longer term.
By spotting that there is a disconnect between the drivers of the 10 year and what many think is driving it (especially when SO many are focused on it being
This meeting will see the biggest test yet of the Fed's 'expectations management'. AIT is supposed to reinforce 'lower for longer' - will the dots back that up?
