Wall Street Journal (October 31)
“Monetary policy officials are hinting to financial markets that the Federal Reserve will stop raising interest rates—even as the Fed signals that it is too early to declare victory over inflation. Wary investors can only speculate, while market analysts are happy to guess the Fed’s next move.”
Tags: Analysts, Federal Reserve, Financial markets, Hinting, Inflation, Interest rates, Investors, Monetary policy, Officials, Signals, Speculate, Victory, Wary
Market Watch (November 15)
“A bullish day is setting up for stocks after more upbeat news on inflation as producer prices fell more than expected.” But the relief rally is likely overdone. “Wall Street remains wary, with fresh warnings from two big banks.” On Monday, Goldman Sachs cautioned “clients that the relief rally in bonds and risky assets was ‘likely overdone,’” just as “one of Wall Street’s most vocal bulls — Marco Kolanovic of JPMorgan — cut his equity risk exposure for the second time in two months, and he also cited that big market bounce last week.”
Tags: Bonds, Bullish, Goldman Sachs, Inflation, JPMorgan, Kolanovic, Overdone, Producer prices, Relief rally, Risky assets, Stocks, Upbeat, Wall Street, Warnings, Wary
The Economist (October 14)
“The world’s most powerful man” is now clearly Xi Jinping who possesses decidedly “more clout than Donald Trump.” As the U.S. abandons global leadership, Xi’s arrival on the world stage has been welcomed by many. But Xi is not a benign force. “The world should be wary” and “not expect Mr Xi to change China, or the world, for the better.”
