Schwab’s Kathy Jones Sees Fed Holding
Kathy Jones, Chief Fixed-Income Strategist at Charles Schwab, shared her thoughts on the recently released May 3rd FOMC meeting minutes and forecasts the Fed will hold rates the rest of the year before cutting in 2024.
Blackstone’s Schwarzman Thinks US Debt Standoff Will Be Resolved
Blackstone’s Chief Executive Officer Steve Schwarzman described the US debt ceiling debate as a political standoff where no one wants to blink, but the outstanding issues should be able to be resolved relatively quickly.
Schroders Eyes Fixed Income As Economy Faces 'Slow Burn'
Schroders Head of US Multi-Sector Fixed Income Lisa Hornby is bullish on bonds. She tells Bloomberg where she is seeing signs of economic duration and makes the case for long duration.
We Asked The Einstein of Wall Street How’s The Economy?
We asked Peter Tuchman, Broker at TradeMas, aka “The Einstein of Wall Street”, his thoughts on how the economy is doing amidst recently released retail figures, a debt ceiling stand off, and insinuations that the Fed might keep hiking rates.
DM Equities Out Of Favor In Near-Term
Head of BlackRock Investment Institute, Jean Boivin, is underweight developed market equities due to the US debt ceiling stand-off and rate hikes. He expects near-term volatility, but sees developed market equities coming back into favor on a 5-year investment horizon.
Retail Numbers Are Out, But What Do They Mean?
Sarah Wyeth, Retail & Consumer Sector Lead, S&P Global Ratings breaks down the most recent retail growth figures, analyses sector trends, and shares her outlook for the next 12 months.
Bumpy Landing Still Possible
The US debt ceiling issue, aka X Date, is negatively impacting market and consumer sentiment and high interest rates and inflation are still weighing on the economy. Despite the challenges, Invesco's Chief Global Market Strategist, Kristina Hooper believes the Federal Reserve can still manage a “bumpy” landing.
ETF News - Columbia Threadneedle Launches Real Estate ETF
Columbia Threadneedle Investments just announced a new ETF. The Columbia Research Enhanced Real Estate Fund, CRED, tracks the firm’s proprietary Beta Advantage® Lionstone Research Enhanced REIT Index following about 70-90 REITs across eight sectors, including Hotel & Resort, Residential, and Health Care REITs.
Bill Gross Sees 2% Inflation As Thing Of The Past
According to Legendary Investor, Bill Gross, it is unlikely that inflation will return to the Fed's target of 2%. Instead, the Bond King predicts that the new Fed target will eventually be 3%.
ETF News - April Records Lowest ETF Trading In Almost Three Years
US ETF trade in the month of April hit its lowest monthly transaction volume since August of 2020. US ETFs saw $2.1 Trillion dollars trade in April, down almost 50% from March. The VIX volatility index also showed volatility was down in the month of April
Franklin Templeton CEO Comments on Rate Hikes
Franklin Templeton President and CEO Jenny Johnson thinks that the pace of rate hikes are causing stress in the financial system. She also tells Bloomberg that she expects the Fed to pause its restrictive policies, but she doesn't anticipate rate cuts anytime soon.
Private Markets Offer More Stability
Blue Owl’s co-founder and co-president Marc Lipschultz says he’s seen private equity evolve in the 30 years he’s been in the business, and along with that, so have the dynamics of fundraising through public and private markets. Where once private equity was a cottage industry and public markets used to be the stalwart source of capital for businesses, public markets have become more fickle and reactionary to economic cycles in recent times and private markets have taken a larger share of capital markets, and are now the stabilizing source of capital through market cycles.