"While the low interest rate environment supports the overall economy, we also note an increase in risk-taking which could… create financial stability challenges"
So investors could be staring at a disappointment phase, one where President Trump, again, like every other time, overpromised and underdelivered for the sole purpose of pumping stocks...
...mostly due to "the performance of the store relative to expectations in 2014, changes in market rents on New York's Fifth Avenue, and the changes in the retail landscape."
..is this behavior part of a larger cultural phenomenon of fear? If so, the next downturn could push us further from economic liberty and more towards political controls...
The democratic presidential candidate is being well-received by markets due to his pragmatic approach to governing and his "appreciation for the benefits of capitalism."
"The disconnect between financial markets and the real economy is becoming more pronounced... as fundamental risks to the global economy are actually getting worse..."
"There’s a non-zero chance that by 2030, we will see a plateauing or decline in global oil consumption... Could we see $100 oil again? Absolutely. That would only be temporary and hasten the ultimate demise."
"The April 2020 tax season, with associated reductions in reserves around that time, was viewed as another point at which money market pressures could emerge."
While most Fed officials saw rates as “well calibrated” and likely on hold barring a “material reassessment” of the outlook, policy makers stressed the downside risks in justifying a third straight rate cut at the October meeting.
At 2pm today the Fed will release the FOMC minutes from the October meeting, which will signal that policy is on hold for now, barring a material reassessment in the outlook, per Chair Powell’s recent rhetoric
