Chasing Yields
Our latest musings about actions and events affecting the investment landscape
A New Voice at the Fed — What Warsh’s Arrival Means for Bond Investors
Kevin Warsh will be sworn in as the 17th chair of the Federal Reserve this Friday, May 22, in a White House ceremony — and bond investors have good reason to pay attention.
Inflation’s Back with a Bang: April PPI Comes in Far Hotter Than Expected
If markets were hoping for a quiet Wednesday morning, today’s Producer Price Index data had other ideas.
The April PPI figure surged to 1.4% month-on-month — a substantial overshoot compared to the forecasted 0.5% and nearly double the previous month’s reading of 0.7%.
SEC Proposes Shift to Semiannual Reporting
Quarterly earnings reports have anchored market transparency for decades, but that may be changing.
Read our latest Market Insights.
Powell keeps to the script
This week, the Federal Reserve Committee elected to keep the Fed Funds Rate the same. Chairman Powell indicated there was broad approval from the Board to leave rates neutral.