The first headline I read this morning was “Stocks pare gains on second wave fears” while the second read “Stocks rally on COVID recovery optimism.” – as they say in Germany, klar wie Kloßbrühe! S&P futures show the market for…
Tag: federal reserve
Midweek Macro – 6.10.2020
Happy FEDnesday everyone! Our friends over at the Federal Open Market Committee will conclude their 3rd two-day meeting of 2020 today (the mid-march gathering was cancelled with 5 other unscheduled meetings taking place that month). Investors are not expecting any…
Midweek Macro – 5.6.2020
Ahead of the Friday release of April’s Jobs report, with markets expecting to see a drop of 22 million jobs, several Federal Reserve speakers have been taking the podium this week to share their wisdom on our economic outlook as…