Stock Market Contents Archive

"The Fed will need to raise policy rates at least to 4% and probably beyond:" Citi economists led by Andrew Hollenhorst. "A rapid rise in the Atlanta Fed Wage Tracker suggests Fed officials may be surprised by a strong employment cost index." The wage tracker data out yesterday: https://t.co/2cSfQyUfUg

A stunning chart in many ways, especially as it captures the #volatility of market expectations of a #Fed policy action that's less than 2 weeks ago. Lacking a credible #Fed policy anchor, market expectations for a crucial rate in the #economy have become a daily roller coaster. https://t.co/uGdS5l0p9n

If so — and we won't know for a while whether these expectations measures are good, but they're what we have — the end result of policy will have been pretty good. Rapid employment recovery, a nasty but brief inflation overshoot, but no extended slump 5/

Hello all - have a great weekend. Stay safe and be well. Please enjoy: Mark Knopfler & Emmylou Harris - If this is Goodbye

The more you can learn in the short term, the better you’ll do in the long run. You’re playing a game of catch up if you don’t have enough knowledge or preparation yet. Study @completepenny @30DayBoot & track all the @sttbreakingnews alerts while also journaling all your trades!

Politically it may play very badly — although high energy and food prices, which have nothing to do with policy, are hurting incumbents everywhere. But in economic terms, unless there's some hidden form of entrenchment, I don't see a big policy failure 6/

This week was defined by big moves in commodities, currencies and longer-dated U.S. bonds, all of which suggest a more near-term recession than just a few weeks ago. But stocks and corporate bonds were fairly resilient, even in the face of some uncomfortable earnings. (1/3)

BA.5 is ushering the U.S. into the next phase of the pandemic. “We’re dropping our guard at the same time the virus is upping its game,” said one expert. “That’s creating this huge gap and a huge level of vulnerability.” https://t.co/m4uJ4b49a9

It does feel like $BTC can now see $23k-25k before sub $20k again. IMHOP

And that appeared to be a real possibility. Fortunately, however, every measure we have says it didn't happen: markets and surveys both say that medium-term inflation expectations remain anchored. That is, it looks as if the Fed responded in time 4/

Facebook & Amazon are curtailing planned office-space expansions in NYC in the face of a broader shift to flexible work arrangements. https://t.co/k5q7ORvkFP

.@Vayner3 President @avery_akkineni breaks down the ways in which Web3 and NFTs are impacting average internet users: https://t.co/W6l6RBf8kF

“[Sen. Joe Manchin] is a modern-day villain, who drives a Maserati, lives on a yacht courtesy of the coal industry, and is willing to see the world burn as long as it benefits his near-term investment portfolio,” scientist Michael Mann said. https://t.co/RgSOgQkVSC

Great way to kick off the weekend. 🔥 Part 1 of the IU interview with @TheOneLanceB premieres TONIGHT at 6PM EST 🎬 https://t.co/gfFevvEoig See you there! https://t.co/Hh2vrg2QJc

First, yes, the Fed — and a number of economists, me included — called inflation wrong over the past year and a half, which has a reputational cost. Fair enough. But when people talk about policy getting behind the curve, they mean more than being embarrassed 2/