Archive for the ‘Uncategorized’ Category
Saturday, June 3rd, 2017
Via Stephen Stanley at Amherst Pierpont Securities:
The New York Times is reporting that the Trump Administration has settled on nominees for 2 of the 3 open Fed Board slots.
Randall Quarles is said to be the appointee for the Vice Chair in charge of bank regulation, effectively replacing Tarullo. His name ...
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Thursday, May 11th, 2017
This story is via the left wing website DailyKos (dailykos.com). I do not agree with the site's politics but if you want a deep dive into elections it is worth a visit.
Via the DailyKos:
Daily Kos Elections Morning Digest
Leading Off
• Special Elections: On Tuesday night, voters in two counties on the ...
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Wednesday, May 10th, 2017
This is an interesting collage of analyst opinions on the firing of FBI Director Comey and the impact that action will have on the Trump legislative agenda.
I think the Watergate comparisons are hyperventilating hyperbole. Watergate had been a dominating from March of 1973 and the so called Saturday Night Massacre ...
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Thursday, April 13th, 2017
This is an excerpt from a piece written by Steve Feiss of Government Perspectives. The excerpt summarized dealer views on the break of resistance on the 10 year note at 2.28/2.30 and what that signals for the near term course of interest rates. If you have Twitter you can follow ...
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Wednesday, April 12th, 2017
Via UK Telegraph and Ambrose Evans Pritchard:
The Fed has waited long enough: Debt crisis looms as dollar tipped for major spike
2017-04-12 18:58:10.454 GMTThe Fed has waited long enough: Debt crisis looms as dollar
tipped for major spike
By Ambrose Evans-Pritchard, The Telegraph
April 12 (National Post) -- ANALYSIS
The world's leading currency institute is ...
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Wednesday, April 12th, 2017
Carmen Reinhart spoke yesterday at Harvard (where she teaches) and one of my contacts summarized her comments:
· The debt overhang in Europe will act as a constraint on ECB policy and she expects no action by the ECB this year (although they will need to announce something about the current ...
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Tuesday, April 11th, 2017
Via Marc Chandler at Brown Brothers Harriman:
Dollar Pushed Lower in Subdued Activity
Geopolitical concerns continued to be elevated
Oil is threatening to snap a five-day rally
There is little concession built for today's $20 bln auction of US 10-year notes
South Africa and Mexico report February manufacturing and industrial production
The ...
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Monday, April 10th, 2017
Via Marc Chandler at Brown Brothers:
Drivers for the Week Ahead
Even though the Federal Reserve does not meet, Yellen's speech on Monday (with live and Twitter-sourced questions) will be closely monitored
Economic data for the US and Europe may not be important drivers
The UK reports on inflation and employment ...
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Monday, April 10th, 2017
The Treasury will auction 3s 10s and 30s this week. Here is some interesting commentary from Ian Lyngen at BMO Capital markets on auction dynamic. This is an excerpt from a longer note to clients:
We’ll also see the takedown of the 3s, 10s, 30s trio of Treasury auctions on an ...
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Friday, April 7th, 2017
Via TDSecurities:
· The March employment report was a mixed bag on the surface, with payrolls disappointing sharply. But this apparent softness was more than offset by a significant and healthy drop in the unemployment rate and continued firming in wage pressures.
· The as-expected wage growth and out-sized decline in the ...
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