Yellen's Framework and Balance of Risks Point to Four Hikes This Year and Higher Yields
Fed Chair Yellen may have sounded soothing two weeks ago. However, the framework she outlined is consistent with one more hike in the FOMC...
247 Views
U.S. Jobs Report Locks in Fed Rate Hike Next Week
U.S. nonfarm payrolls rose 235,000 in February—higher than expectations—with private payrolls up 227,000.  The unemployment rate ticked lower to...
258 Views
From 20,000 Feet, NZD Looks Set to Free-Fall This Year, Without a Parachute
The NZD/USD appears to have broken out of rising trend in place since mid-2015, and now developing a declining trend. Its fall in the last week or...
262 Views
March Transition
US equities are flirting with a topping sequence if key sectors fail to hold gains. Tech is the underperform short hedge. Transports having trouble...
314 Views
Escaping Catch-22 Monetary Policy—Looks Like A Fed Rate Hike Is Coming in March
We have over the last two years used various analogies from literature to quantum physics to describe the absurd situation the Federal Reserve has...
276 Views