Hints and tips:
Related Special Reports
...The push into private equity, initially a driver of returns, became a drag on performance as dealmaking and initial public offerings collapsed after the Federal Reserve began raising interest rates in March...
...As the Federal Reserve has stopped raising interest rates and suggested the possibility of lowering them, the size of discounts on the private equity secondary market has shrunk in recent months....
...Curiously, though, this trend is less clear among S&P 500 companies, which we would expect to have larger cash reserves and more debt fixed at low rates, giving them more to gain from higher rates....
...More and more market participants and pundits are betting that stalling disinflation might stop the Federal Reserve from cutting rates at all in 2024....
...investment....
...Ten of the Federal Reserve’s 12 rate-setting voters have managed at least 20 public appearances between them in the past fortnight....
...But again, the investment-grade market is about $9tn outstanding. High yield and loans are around $1tn each....
...The ‘run-to-RRP’ risk To help manage interest rates in the excess reserves era the Fed introduced a new tool called the overnight reverse repurchase facility, or O/N RRP....
...For Jean Boivin, formerly deputy governor at the Bank of Canada and now head of the BlackRock Investment Institute, extra complications set in at the Fed’s rate-setting meeting in December....
...In the light of these advantages associated with having an investment trust sector, it is very odd that the way in which the stamp duty reserve tax works penalises the acquisition of holdings in investment...
...But Wylie Tollette, chief investment officer at Franklin Templeton Investment Solutions, said Tuesday’s inflation reading was “just about perfect for sustaining the market rally, as it’s not too hot [and...
...Investment grade corporate bonds at a yield of 5.5 per cent at the index level are appealing to investors as an alternative to cash — especially if the Federal Reserve will cut interest rates this year....
...Further reading: — A comprehensive round-up of 2024 investment outlook reports (FTAV)...
...“This was a benign number,” said Peter Tchir, head of macro strategy at Academy Securities, an investment bank....
...He has also held roles at AIG Financial Products, Morgan Stanley, the IMF and the Reserve Bank of New Zealand....
...Strong household spending and investment will help propel US growth to 2.7 per cent this year according to the fund’s latest World Economic Outlook....
...Investors have fallen into line with the Federal Reserve’s expectation that it will cut interest rates just three times this year, ending a months-long stand-off between markets and the central bank....
...Federal Reserve officials have indicated they still expect to cut interest rates by three-quarters of a percentage point this year, sending US equity markets to record highs....
...“The Fed is no longer the most important driver of market trends,” said Tony Welch, chief investment officer at wealth management firm SignatureFD....
...The investigation also took issue with Rosengren’s trading in real estate investment trusts “during a time of financial market volatility that prompted the Federal Reserve to authorise the purchase of agency...
...Early in this period, Federal Reserve chair Alan Greenspan famously called the market exuberance “irrational”. Productivity surged. Times were good....
...Continuing US economic exceptionalism — including surprisingly high US growth rates as Germany, Japan and the UK have stagnated — and dovish signals from the Federal Reserve have been important contributors...
...As we discussed in Monday’s letter, the Federal Reserve began paying interest on commercial bank reserves, which had previously yielded nothing....
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic, Federal Reserve Bank of Kansas City president Jeffrey Schmid and Federal Reserve Bank of San Francisco president Mary Daly speak...
...Rogue states have always been free to nationalise foreign investments without compensation or legal basis. Most do not do so because they would cut off international investment....
International Edition