Fed Hold Rates Near Zero as Economy Makes...
The Fed is holding rates steady near zero and maintaining its asset purchase program, promising to provide advance notice before making any changes. Chair Jay Powell applauded strengthening employment & economic activity, but he didn't give a number to target for maximum employment or offer specifics about tapering timing or what exactly constitutes "substantial further progress."
Fed Holds Steady at March Meeting
As expected, the FOMC is leaving rates unchanged and keeping up its asset purchase program of $120 billion each month. When asked if the Fed is thinking about thinking about tapering, Chair Powell said the Fed will be looking for substantial further progress before tapering. During the press conference, Powell acknowledged growth, but cautioned that "the economy is a long way from our goals" and...
Fed Holds Rates Near Zero
Stocks spiked after dovish guidance and the Fed's decision to maintain aggressive monetary policy for as long as it takes. Despite forecasting 4.5% unemployment by the end of the year upping its GDP forecast to a robust 6.5%, the Central Bank is holding interest rates near zero and maintaining its 120 billion monthly bond buying program.
All Eyes on March FOMC Meeting
With the S...
The Fed's "Shock and Awe"...
Scott Minerd, Chairman of Investments and Global CIO, calls in to Bloomberg TV to discuss the Federal Reserve’s emergency Sunday night announcement of rate cuts and QE.
Fed Cuts Rates, Restarts QE
The Federal Reserve cut interest rates to near zero and announced measures to combat the economic impacts of the COVID-19 outbreak.
Rate Cuts’ Effectiveness in Combating...
Scott Minerd, Chairman of Investments and Global CIO, explains on Bloomberg TV why stocks face more downside risk and why the yield on the 10-year note will go lower. Read Global CIO Outlook: “Peace for Our Time”
The ETF Show - Riding the Rally
Gold prices and the technology sector are seeing a steady climb as the bull market extends its record run. William Rhind, Founder & CEO of GraniteShares provides insight into the outlook for gold ETFs and the precious metal. Scott Acheychek, President of REX Shares, considers technology exposure amid volatility in the sector.
The ETF Show - Innovative Strategies
The search for portfolio hedges that mitigate volatility require risk management and may benefit from innovative strategies. Nancy Davis, Managing Partner...
Implications of the Everything Bubble
Scott Minerd, Chairman of Investments and Global CIO, joined Bloomberg TV on FOMC Day to discuss the market effects of the Fed’s T-bill buying. Read Global CIO Outlook: Global Central Banks Fueling a Ponzi Market
Climate Change Is Reshaping the Investment...
From Davos, Scott Minerd, Chairman of Investments and Global CIO, talks with Yahoo Finance about the need to develop free market incentives to manage climate change. Read Global CIO Outlook: For a Sustainable Future, Measure Economic Impact Not Output
Fed's Final Rate Decision of 2019
All eyes are on the Federal Reserve once again. The central bank is wrapping up its final meeting of 2019 by leaving rates unchanged, which is what markets had been largely expecting. It's also what the Fed suggested it was going to do at its prior meeting back in October when it signaled a pause.
Kevin O'Leary Live on LinkedIn with...
Kevin O'Leary, ABC Shark Tank star and Chairman of O'Leary Ventures, joins Asset TV live on LinkedIn for a discussion about investing in watches, wine, and companies led by women. During this 45-minute conversation, he also covers politics, the economy, big tech, the trade war, and entrepreneurship.
After the Fed: Fixed Income Outlook
The Federal Reserve slashed interest rates for the third time in 2019. Global markets digested the implications of the decision as the central bank signaled a pause from further reductions. Collin Martin, Managing Director and Fixed Income Strategist at Schwab Center for Financial Research (SCFR) offers his outlook for the fixed income market.
Setting the Stage for the Coming Recession
Brian Smedley, Head of the Macroeconomic and Investment Research Group, explains what the data tell us about the timing and severity of the coming recession. Recession Outlook Summary
Powell Says Fed Will Soon Announce Plans to...
Fed Chair Jay Powell just announced that the Fed is going to add short-term reserves to give its balance sheet a boost, but he was very adamant about not calling it quantitative easing. He told an audience at the National Association for Business Economics annual event that the Fed’s Treasury purchases should not affect monetary policy. He also reiterated his stance that the Fed is data-...
Fed Votes on Second Rate Cut
In the most divided vote since 2014, the Fed voted 7-3 to lower interest rates by 25 basis points to 1.75-2%. Fed Chair Jay Powell said he sees a benefit in having diverse perspectives. He added that sometimes the path is very clear but that’s not the case right now given weakening global growth and trade developments that the Fed is monitoring.
President Trump Feuds with Fed Before Powell...
President Trump is criticizing the Fed yet again ahead of a key speech from Fed Chair Jay Powell in Jackson Hole, Wyoming. We discuss what Fed watchers will be listening for during that speech as well as how the Fed is thinking about the trade war with China.
With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.