The Fed is likely to start discussing the tapering path, and over the next few meetings potentially indicate the timing of its implementation. JPM’s view is that tapering will commence from early next year. This is even as inflation fears are probably not going to keep accelerating. To be sure, inflation is likely to stay elevated for the foreseeable…
J.P. Morgan: Equity Strategy Tapering Playbook
A financial market resource for the every-day investor and trader.
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Sensitive Markets Demand Resilient Investing Disciplines
Seth Golden, , Research Reports, 0
At the end of the previous trading week, the S&P 500 (SPX) was enjoying its fourth-straight up week (its...
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Fed Minutes, Key Gauges on the Economy & G-20 Set Up The Final Week of November
Seth Golden, , Research Reports, 0
In the week that was, we had a rare 2018 example of market inefficiency. For much of the year...
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Analysis and Updates From Wall Street
Seth Golden, , Research Reports, 0
Capital Economics We think the 10-year Treasury yield will end the year well below its current level. The sell-off in...
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Weekly Warm-up: Strong Dollar Just Another Headwind for Earnings, Leaving Unfinished Business for the Bear
Seth Golden, , Research Reports, 0
A very strong US dollar provides yet another headwind for earnings. Meanwhile, from a historical perspective, this bear market...
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Oaktree Capital’s Howard Marks: What Really Matters?
Seth Golden, , Research Reports, 0
I’ve gathered a few ideas from several of my memos this year – plus some recent musings and conversations...
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The Leuthold Group: Putting The “Sahm Rule” To The Test
Seth Golden, , Research Reports, 0
In January, the “inventor” of the yield-curve indicator—Campbell Harvey of Duke University—suggested that the inversion of the 10Y/3M spread...
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Investors Wager Into The Eye of the Seasonal Storm
Seth Golden, , Research Reports, 0
Those who are unwilling to accept double-digit drawdowns are less likely to receive double-digit returns! Take your drawdown like...