September 30, 2022 | United Kingdom’s Prime Minister Liz Truss introduced a fiscal spending plan to combat high inflation. Increased spending in a highly inflationary environment is counterintuitive. This mixed messaging continues to make the region a challenging place for further investment. Source: thedailyshot
...September 30, 2022 | Labor markets are a lagging indicator, tightening only after a recession has taken hold, providing confirmation of what was already believed. It’s important to find indicators that provide foresight into labor markets, and some of these indicators are flashing red. Source: thedailyshot
...September 30, 2022 | Many strategists were wrong about the U.S. dollar’s rise in ’22, & have been calling for a weaker value. Interestingly, while the duration of the cycle has been above average, the magnitude has been in-line historically. The U.S. dollar’s move up may not be finished. Source: thedailyshot
...September 30, 2022 | Interest rate volatility increased to levels rarely seen, and the 10 year U.S. Treasury experienced its fastest change over a 3 month period in almost 20 years. Predicting the direction of interest rates is a difficult area to make tilts within a portfolio. Source: Source Financial Advisors
...September 23, 2022 | Interest rates increased for the 5th time in 2022 leaving the benchmark interest rate at 3.25%. While investors forecasted the increase, markets did not foresee the considerable revision by the Fed who revised down US GDP expectations significantly. Source: @thedailyshot
...September 23, 2022 | Speculators are listening to the Fed and have bet that in the short-term interest rates will be higher(blue). However speculators are unsure if higher short-term rates also means higher long-term rates(red). Markets are saying there may be tough times ahead. Source: @Quillintel
...