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Higher prices could be here to stay if the Fed doesn't act soon

By Paul R. La Monica, CNN Business Back in March, people were freaking out about rising long-term interest rates and inflation fears. But now the 10-year US Treasury yield has fallen back again. Does this mean: So much for inflation worries? Maybe higher prices are in fact, to cite Federal Reserve chair Jerome Powell’s favorite word, transitory after all? Not so fast. There’s a growing chorus of experts who believe that the Fed may need to reverse course and start talking more aggressively ...
Jerome Powell Leo Grohowski Bill Stone Andrew Feltus Glenview Trust Company Warnermedia Company
Source: ktvz.com

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One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored"

One Bank Turn Apocalyptic: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored" by Tyler Durden Saturday, Mar 06, 2021 - 07:58 AM Another week, another massive inflow into equity funds... just as the Nasdaq was about to get hammered with a painful 10% correction. According to BofA Chief Investment Strategist Michael Hartnetts latest Flow Show note, $22.2Bn in new money flowed into equities last week, following the previous weeks massive $46.2Bn inflow which was the 3rd bigges...
Kim Forrest Leo Grohowski James Bullard Michael Hartnett Exchange Rate Mechanism Bofa Chief Investment Strategist Michael Hartnett

Bullish market: Undaunted bulls keep shoveling money into stocks

By Lu Wang and Vildana Hajric Whether it’s heroic resolve or epic naiveté, stock investors are giving no indication that they are troubled by the worst volatility to land on the bond market in a year. In a week when a spike in Treasury yields pressured prices across the equity spectrum, U.S. exchange-traded funds consistently saw inflows -- including $2.7 billion at the height of the carnage on Thursday. All told in February, ETFs sucked in a cool $80 billion, four times the 12-month average...
Kim Forrest Vildana Hajric Leo Grohowski Etfs Bloomberg Lu Wang Cathy Wood

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