Deeper Analysis
What Might “Higher for Longer” Imply
October 23, 2023
U.S. financial markets have lately been spooked not by the expectation that the federal funds rate will be 5.25-5.50% federal funds rate is going to be raised considerably higher but rather by the spin of central bank comments that once the rate crests, the ensuing easing cycle will not commence soon afterward and that the […] More
New Overnight Developments Abroad - Daily Update
Continuing Scramble Out of Equities and Into Bonds and Crypto
October 23, 2023
Equity markets in the Pacific Rim fell Monday by 1.6% in Indonesia, 1.5% in China, 1.3% in India, 1.2% in New Zealand, and 0.8% in Japan, South Korea, Australia and Singapore. Hong Kong’s market was shut in observance of the Chung Yeung Festival. Share prices so far are down 0.9% in Spain, 0.8% in Germany, […] More
