Is The Contagion Contained?
Peter Tuchman, Broker at Trade Mas, shares his thoughts on the latest Fed rate hike in the wake of bank collapses, whether the bank failures could spread to other industries, and what he’s watching most closely right now.
Former Fed Vice Chair Thinks Fed Should’ve...
Former Fed Vice Chair Alan Blinder feels the Fed should have left rates unchanged after their March FOMC meeting. The Fed elected to raise rates by 25 basis points, elevating the new rate range to 4.75%-5%, the highest since October 2007.
Columbia Threadneedle’s Al-Hussainy Sees “...
Columbia Threadneedle Global Rates Strategist Ed Al-Hussainy told Bloomberg that, even as spreads are compressing in quality, he’s still seeing exceptionally attractive valuation opportunity in investment grade credit bonds at the short end of the curve. That’s on top of the all in yields that are around 5%.
Morgan Stanley’s Chief US Equity Strategist...
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson, thinks that equity risk premiums are not factoring in growth concerns tied to a slowing economy, which in light of the recent bank collapses has only grown.
iCapital’s Amoroso Sees Systemic Risk In US...
iCapital Chief Investment Strategist Anastasia Amoroso told Bloomberg News that the collapse of Silicon Valley Bank and Signature Bank were not isolated incidents and signal risk in the wider the US banking system.
FOMC and Banking Failures
Tim Anderson, Managing Director at TJM Investments, discusses why, even in the wake of the second and third largest lenders to collapse in US history, the S&P 500 is still positive YTD and how a 25bps rate hike could be the most market-stabilizing action FOMC can take.
BlackRock CEO Fink: Politicians Making ESG...
BlackRock and its Chief Executive Officer Larry Fink, have become the focal point for politicians in red states demonizing the Asset Manager for being too green. They’ve even gone so far as divesting billions of dollars and making it illegal to invest with the firm.
Momentum Shift: A Closer Look at the US...
Hailey Orr, Director of Capital Markets Strategy for MUFG and co-author of the firms recently published research “Momentum Shift: A Closer Look at the US Consumer”, shares insights from the research, discusses mixed macroeconomic data, and expectations for a US recession.
Take The US2Y “Risk” Says Hugh Hendry
Hugh Hendry, founder of hedge fund firm Eclectica Asset Management, says he's putting his money on the front end of the Treasury curve as it’s showing some of the highest yields seen in years. Asked where he would hide his money from the current market volatility and risk, he’s all about the US 2 Year Treasuries.
Silicon Volatility, CPI Day, and Rate...
In the wake of the collapse of Silicon Valley Bank and Signature Bank, Michael Reinking, CFA, Sr. Market Strategist, for the New York Stock Exchange, breaks down the sell off and rebound, expectations for the Federal Funds Rate, and the just-released February CPI data.
BlackRock’s CIO Says Paradigm Has Changed
As markets react to the news of Silicon Valley Bank’s collapse, BlackRock’s CIO, Rick Rieder, says the economy is still in pretty good shape, but the stickiness of inflation has changed the macroeconomic paradigm and as a result their investment strategy.
Engaging and Empowering Women Through...
Carey Shuffman, Executive Director and Head of The Women's Segment at UBS, discusses the research done by UBS over several years, looking at how involved women are in their financial planning, the importance of involvement, how women can take greater control of their financial planning, and ways Advisors can help.
Apollo’s CEO Says Economy Is In A“Non-...
This is your market minute while others are trying to figure out if the U S economy is in a recession or not. Apollo Global Management, co-founder and chief executive officer, Mark Rowan thinks that we're in a non-recession recession. Rowan says the unprecedented $8 trillion economic stimulus has resulted in a historically tight labor market even as the economy slows and asset valuations are...
Summers Says No Systemic Banking Risk
Larry Summers was not surprised by the bank run and subsequent shuttering experienced by Silicon Valley Bank, but does not see any systemic risk to the banking system, as long as depositors can make withdrawals.
Beware of Time Lag in Monetary Policy
After the Fed’s tightening cycles in 1989 and 2000, it took the economy about one year to tip into a recession. CME Group Senior Economist Erik Norland provides a historical look at time lags in monetary policy and their actual effects on an economy. Take advantage of premium derivatives content, tools and alerts. Create a CME Group account
Powell’s Congressional Testimony Spooks...
After recent economic data showed an uptick in inflation, the Head of the Federal Reserve was forced to leave behind the “disinflationary” rhetoric used after the first Federal Open Market Committee Meeting of the year, instead describing inflation as “moderating” while testifying to Congress on the Federal Reserve’s Monetary Policy decisions.
A Lot Of Volatility, Not Much Change
Jonathan Corpina, Sr. Managing Partner, Meridian Equity Partners, discusses the continued volatility and why there hasn't been much big picture change.
Are US Investors Overlooking Foreign...
As investors look for opportunities in the current market environment, many have followed the flight to safety crowd, but Research Affiliates Founder and Chairman Rob Arnott, thinks that US stocks are overpriced and investors are overlooking opportunities in foreign equities.