That is putting the fed in a bit of a bind. It creates the risk of a policy mistake. The fed will not make a policy mistake if everything is fine. If the data does not get worse. Which people are forecasting. You could have a second half where the economy is bouncing back. The second half we should see that fade. The fed is actually going to surprise to the downside on the Balance Sheet. They should not continue that Balance Sheet expansion. Is the market going to see that as the end of qe, quantitative tightening . The fed playbook is to cut big and fast and signal qe if there is weakness. Thats a big risk for the market. Jonathan joining me around the table is greg staples, lisa hornby, and ken monahan. Lets talk about it, ken. Your thoughts on that, is it or isnt it qe . Ken i know mr. Kashkari is trying to throw cold water on the idea that it is not, but even being in minneapolis, he doesnt have enough water to throw on it to convince the market it is not. I think the market call i
That kind of liquidity will be hard to fight. That is putting the fed in a bit of a bind. It creates the risk of a policy mistake. The fed will not make a policy mistake if everything is fine. If the data does not get worse. Which people are forecasting. You could have an economy where the second half is bouncing back. The second half we should see that fade. The fed is actually going to surprise to the downside on the Balance Sheet. They should not continue that Balance Sheet expansion. Is the market going to see that as the end of qe, quantitative tightening . The fed playbook is to cut big and fast and signal qe if there is weakness. Thats a big risk for the market. Jonathan joining me around the table is greg staples, lisa hornby, and ken monahan. Your thoughts on that, ken . Is it or isnt it qe . Ken i know mr. Kashkari is trying to throw cold water on the idea that it is not, but even being in minneapolis, he doesnt have enough water to throw it to convince the market it is not.
That is putting the fed in a bit of a bind. It creates the risk of a policy mistake. The fed will not make a policy mistake if everything is fine. If the data does not get worse. Which people are forecasting. You could have a second half where the economy is bouncing back. The second half we should see that fade. The fed is actually going to surprise to the downside on the Balance Sheet. They should not continue that Balance Sheet expansion. Is the market going to see that as the end of qe, quantitative tightening . The fed playbook is to cut big and fast and signal qe if there is weakness. Thats a big risk for the market. Jonathan joining me around the table is greg staples, lisa hornby, and ken monahan. Lets talk about it, ken. Your thoughts on that, is it or isnt it qe . Ken i know mr. Kashkari is trying to throw cold water on the idea that it is not, but even being in minneapolis, he doesnt have enough water to throw on it to convince the market it is not. I think the market call i
Be hard to fight. That is putting the fed and a bit of a bind. It creates the risk of a policy mistake. If the data does not get worse. You it creates the risk of a policy mistake. Could have an economy where the second half is bouncing back. The fed is actually going to is actually going to surprise to the downside on the Balance Sheet. Is the market going to see that as the end of qe, quantitative tightening . Cuthe fed playbook is to tight and fast and signal if there is weakness. Jonathan joining me around the table is greg staples, lisa hornby, and ken monahan. Your thoughts on that, can . Is it or isnt it qe . Mr. Kashkari is tried to throw water on the idea that it is not, but even being in minneapolis, he doesnt have enough water to throw to convince the market it is not. I think the market call is correct on this. Jonathan why . I get his point, they are substituting one instrument for another. Could have an economy the way the market is looking at this, this is providing more
Julie hyman is here. More records. We have had many of them this year. Pretty remarkable. The down the s p close to records yesterday. Any gains today would represent more records on a closing basis here. Terms of gains, we have telecoms, financials, and health care leading the pack. Wavering between gains and losses. A pairing of out of the gate it appearsmorning, to be energy. Vonnie mentioned the surge of energy and now prices are going down. Nowave got a big leg lower and we saw so Similar Movement off one third of 1 . We have been looking around for what is going on exactly and we have the latest data on stockpiles in the u. S. Not the latest but rather reserves that showed a little balance from a 13 year low. It is not clear exactly what but we are seeing oil may be a little more delicate. Were taking a look at what is going on with media as we continue to get reports disney is getting ever closer to a deal with 21st century fox. Yesterday, it was no longer interested in those as