Chart of the Day: Is the Tide Finally Turning for Fed Day?
July 26, 2023 -
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Overview: A key development in recent days has been the market's convergence with the Federal Reserve's forward guidance regarding scope for two quart
Heading into this week's CPI and Fed Day combo, we expected bonds to be broadly sideways with elevated volatility.  But rather than give new direction, this week's big ticket events have only perpetuated the sideways-ness and increased the volatility.  Even the non-big-ticket events have had a say.  Thursday's Jobless Claims was as big a market mover as anything.  Now on Friday, a few Fed speakers and the Consumer Sentiment data are adding ups and downs for yields (mostly ups). The initial rally phase was ...
Though a June surprise is possible, most Wall Street economists look for the Fed to keep the benchmark Fed Funds Rate where it currently is....TSLA
Day is here. >> kathy hochul and others are not attacking the problem they are attacking the symptoms. how in good lord's name can you continue on this let's find places to put them when the key right now is to get to the border and even if you can shut the border down, slow down the immigration of people for a time being so you can get a handle on the crisis. >> the state of texas is showing them how to do this. they are securing large loss to the border with what the governor is doing with the wire building a wall of wire so people are being slow down. ben domino's fox news contributor and e...