KevinHyde In attempting to understand what the Federal Reserve is trying to do and to understand how the banking system is reacting to what the Fed is trying to do, more and more analysts are struggling to understand just what is going on. This dilemma is examined, in part, by Joseph Sternberg in the Wall…
Federal Signal Corporation (NYSE:FSS) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Felix Boeschen – Vice President, Corporate Strategy & Investor RelationsIan Hudson – Chief Financial OfficerJennifer Sherman – President & Chief Executive Officer Conference Call Participants Steve Barger – KeyBanc Capital MarketsChris Moore – CJS SecuritiesMike Shlisky – D.A….
Douglas Rissing Let’s build the story of the monetary tightening by the Federal Reserve in this way. Since March 16, 2022, the Federal Reserve has overseen a reduction in its securities’ portfolio of $1,561 billion. Since March 16, 2022, the Federal Reserve has overseen a reduction in the use of reverse repurchase agreements of $1,069…
Marc Dufresne The recently released Federal Budget is looking to boost revenue through new taxes. But it also includes more than $50B in new spending over the next five years. Hafiz Noordin, VP & Director, Active Fixed Income Portfolio Management at TD Asset Management, looks at the implications for the Bank of Canada’s efforts to…
MCCAIG Stubbornly strong economic data has led to significant shifts in market expectations for when, and how quickly, the Federal Reserve will begin cutting policy rates. Our own forecast is now for the first rate reduction to come in September, but the complications of starting an easing cycle just before the U.S. Presidential election does…
yalcinsonat1 There is good reason to be disappointed with the Federal Reserve. It has gotten us into an awful economic mess as a result of its earlier ultra-easy monetary policy. That policy managed to create both an inflation and a financial stability problem. But the Fed has only one interest rate policy to address those…
manassanant pamai Going into 2024, most investors assumed the Federal Reserve would cut interest rates this year. However, over the first quarter, predictions of rate cuts have backed off, stemming from a low unemployment rate and a rebound in some inflationary signals. As a result, the potential benefits of low-risk assets like short-term Treasuries in…
Get ahead of the market by subscribing to Seeking Alpha’s Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. The spotlight in the week ahead will burn…
Douglas Rissing Investment thesis: The market is currently pricing in Federal Reserve interest rate cuts, with expectations recently boosted by its latest signals. The S&P 500 Index (SP500) is trading at a P/E rate of about 28, whereas historically it has been averaging about 16, which is arguably an indication of rate-cut expectations being baked…
Mark Wilson Investment Thesis Federal National Mortgage Association (OTCQB:FNMA) is a government-sponsored enterprise that provides financing for mortgages in the US. Its stock is up by about 271% outpacing the S&P 500 by a margin of about 239%. Seeking Alpha From a technical standpoint, I am bullish on this stock because it just rebounded on…
Win McNamee/Getty Images News The Federal Reserve began its program of quantitative tightening two years ago. Since March 16, 2022, the Federal Reserve has reduced its portfolio of securities held outright by $1,456.1 billion, or, by roughly $1.5 trillion. Note: all data from the Fed’s balance sheet come from the Fed’s H.4.1 statistical release, “Factors…
designer491 Federal Realty Investment Trust (NYSE:FRT) is a top choice for a passive income investors that value visibility of FFO and dividend growth as well as long-term appreciation potential. Federal Realty Investment is one of the oldest U.S.-focused real estate investment trusts in the United States that has delivered consistently strong results for shareholders in…
uschools The Federal Reserve has used the tool, reverse repurchase agreements, to manage the excess reserves existing in the commercial banking system. Take a look at the following chart. Reverse Repurchase Agreements (Federal Reserve) The use of reverse repos climbed all the way to $2.6 trillion or so. The Fed’s use of this market helped…
Kira88/iStock via Getty Images Fundamentals: This report discusses the recent fluctuations in gold prices and the events that shaped them over the past week. Initially, gold prices remained relatively stable around $2030/oz as investors awaited the first FOMC meeting of 2024. It was widely believed that the Federal Reserve would not announce an early-year rate…
manassanant pamai Today was the day that most believed the Fed would pivot, lowering interest rates by reinstating Quantitative Easing (QE). Recent stock market gains reflect this belief. S&P But few have considered the long-term consequences of the Fed’s actions and the predicament in which it finds itself. It’s not as easy as simply turning…
Vertigo3d Introduction We last covered iShares Global Technology ETF (NYSEARCA:IXN) in April 2020. We suggested at that time to start building a position despite the significant market correction due to the pandemic. We also noted the strong long-term growth outlook for IXN in the upcoming few years. The fund has since delivered a total return…
Bet_Noire By Seema Shah, Chief Global Strategist Federal Reserve policy rates are set to fall in 2024. However, clear evidence that inflation has been tamed likely needs to emerge before cuts can commence, likely around mid-year. While a smooth landing is still far from certain, rate cuts accompanied by recession avoidance would present a constructive…
Lemon_tm Fundamentals: Gold prices have recently surged to near all-time highs due to a more dovish stance from the Federal Reserve, which has attracted investors to gold. GOLD DAILY (TOS) Consumer Price Index (CPI) data released during the week met expectations, resulting in a subdued market response across various assets, including gold. Gold initially dipped…
traveler1116 Who would have believed we would be in the position we are in December 2023? But, here we are. Real GDP grew by 3.00 percent, year-over-year. Price inflation has slowly fallen. The stock market seems to be poised to move higher. And, the Federal Reserve continues to follow on with its policy of quantitative…
MasaoTaira Shares of Federal Realty (NYSE:FRT) have not been immune from the impact of rising rates on the real estate sector with its shares down by about 14% over the past year. This comes despite the fact that FRT has raised its dividend 56 consecutive years—the longest such streak in the industry. Given that track…
As part of the plea deal with prosecutors, Binance has agreed to pay the United States Department of Justice (DoJ) $4.3 billion. The chief executive officer (CEO) of Binance Changpeng Zhao (CZ) has pleaded guilty to federal money laundering charges and announced he is stepping down from the helm of affairs at the world’s largest…
The U.S. Federal Reserve is taking legal action against Bitcoin Magazine in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. In a letter sent to the publication by the Federal Reserve Bank of Chicago, the central bank of the United States is claiming that Bitcoin Magazine merchandise that…
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC. A federal court is set to formalize Grayscale Investments’ victory over the United States Securities and Exchange Commission (SEC) over the firm’s conversion of the GBTC into a spot Bitcoin exchange-traded fund (ETF). Closing the…
John Blottman Well, the latest statistics on inflation indicate that inflation is not quickly going away. The latest data on the consumer price index show that year-over-year, inflation remains at 3.7 percent. The core rate of inflation, year-over-year, dropped to 4.1 percent from 4.3 percent. Conclusion: the Federal Reserve will have to keep pushing a…
Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier. Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from the September 19-20 meeting revealed…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. You’re reading a print Bitcoin Magazine so you probably already like Bitcoin, which means you probably don’t like the title or premise of what you’re about to read, and so,…
Matteo Colombo Introduction Real estate may be the most fascinating sector at the moment. Not necessarily because it holds some of the best income stocks on the market, but mainly because it has become the center stage of current economic turmoil. Rising rates, deteriorating economic growth, and a potential mountain of distressed debt are keeping…
Ralf Hahn Massively inflated during the pandemic, corporate profits are still not normalizing, and bode well for future investments and economic growth. So I’ll just start with this, and then I’ll follow with the essential nitty-gritty: “Corporate profits” (all businesses that file corporate tax returns, including LLCs and S corporations, see nitty-gritty #2 below) before…
Alex Wong This week, the Federal Reserve decided not to raise its policy rate of interest. This week, the Federal Reserve’s quantitative tightening continued. In this past banking week, the banking week ending September 20, 2023, the amount of securities held outright by the Fed declined by $26.6 billion. Since the end of August, the…
Dilok Klaisataporn The Federal Reserve just announced its interest rate policy decision and decided to keep the federal funds rate at 5.25 to 5.50%. While market watchers tend to key in on the Fed’s rate decision, another important announcement was being made in the form of new quarterly economic projections that investors can use as…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve’s meeting minutes. Treasury yields in the US reacted differently to the Federal Reserve’s last meeting. Investors seem to weigh the implications of the minutes from the meeting, and whether or not there will be any forecast…
Kwarkot I last wrote an article focused on Federal Realty Investment Trust (NYSE:FRT) about a year ago. At the time it seemed likely to be a couple years or more before it would make sense to do that again. I did put FRT in my Buy, Hold, and Go Fishing portfolio last winter. But they…
Gearstd We wonder why the economy continues to grow. We wonder why the stock market continues to rise. And, we wonder what the Federal Reserve is going to do next. Well, one major reason why we are not getting the recession, getting the downturn that most investors wanted, is because the economy has lots and…
Salame has not yet made an official plea, and is expected to enter a plea deal with prosecutors, which could improve their case against FTX. A former FTX executive is reportedly negotiating a plea deal with federal prosecutors as the case against the collapsed cryptocurrency exchange continues. According to a Tuesday Bloomberg report, FTX Digital Markets…
The Fed said that the newly introduced activities monitoring plan aims to encourage the good aspects of financial innovations along with addressing risks. On Tuesday, August 8, 2023, the US Federal Reserve unveiled new guardrails to enhance the supervision of all the banks involved with crypto and stablecoin activities. Under the “Novel Activities Supervision Program”,…
Federal Signal Corporation (NYSE:FSS) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Ian Hudson – Senior Vice President and Chief Financial Officer Jennifer Sherman – President and Chief Executive Officer Conference Call Participants Christian Zyla – KeyBanc Capital Markets Chris Moore – CJS Securities Mike Shlisky – D.A. Davidson Walter…
The motion to dismiss a lawsuit filed by Binance’s legal team highlights the argument that CZ is not subject to US jurisdiction as he resides in the United Arab Emirates. Binance, the world’s largest cryptocurrency exchange, filed a motion to dismiss a lawsuit brought against the company by the United States Commodity Futures Trading Commission…
New York Federal Prosecutor asked Judge Lewis Kaplan to jail former FTX boss SBF for crossing the line after giving journalists personal writings by Caroline Ellison. The investigations of FTX and Alameda Research collapse have significantly unraveled the rot that was orchestrated by Sam Bankman-Fried (SBF) in squandering investors’ and customers’ funds. Hiding in the…
Receive free US economy updates We’ll send you a myFT Daily Digest email rounding up the latest US economy news every morning. Federal Reserve chair Jay Powell had a message for global markets on Wednesday after the US central bank raised interest rates again: no one should doubt its resolve to snuff out stubbornly-high inflation…
In an announcement Thursday morning, the Federal Reserve unveiled that its instant payment system, the FedNow® Service, has officially gone live. This tool aims to empower banks and credit unions of all sizes to facilitate instantaneous money transfers for their customers. The Federal Reserve claims that FedNow transactions can be executed 24/7, 365 days a…