UJAN

On My Mind: The Fed, The Treasury And A Fistful Of Dollars

The Fed’s press conference following the policy meeting was remarkably dovish, says Sonal Desai. He says the Fed is facing a challenge of dealing with persistent inflation pressures in the U.S. Desai says the economy is still growing at a healthy pace. The Fed needs to keep a close eye on signs of weakening growth.

Stock Rally As Powell Sparks A Buying Frenzy

Latest FOMC meeting caused a stock rally as Jerome Powell turned more “dovish” than expected. The reversal of QT means a buyer of Treasury bonds is returning to the market. The stock rally is now testing crucial resistance at the 50-DMA.

Why The Fed Will Likely Be Forced To Cut Rates Before Inflation Goals Are Met

It Looks Like That Was 'It' For The April Correction

Sentiment Speaks: The End Of Objectivity In Market Analysis And Potentially The Bull Run Too

Looking Through The Fed's Signals

Jean Boivin: We look to incoming data to determine where the Federal Reserve will go, rather than its policy signals. Inflation has been hotter than expected - a reality check for the Fed and markets. We expect the Bank of England to hold rates steady this week. Solid corporate earnings keep us overweight U.S. Stocks.

IMF 2024 Spring Meetings Takeaways: Emerging Market Stars Shine Bright

EM investors and policymakers are enjoying their moment. IMF upgraded US growth forecasts for 2024 by +0.6% of GDP and Chinese PMIs are back to expansion. Most of the concerns over emerging markets have been addressed. The mood at the 2024 IMF Spring meetings was notably upbeat.

Why The Rally Should Continue

Despite near-term challenges and increased volatility, the S&P 500 rally is expected to continue. The labor market cooling, lower oil prices, and other indicators suggest inflation could be moderating. The odds of a Fed rate cut may have become skewed and inflation data could come in lower than expected.