Plausible Pause The media tried to pull Federal Reserve Chair Jerome Powell into the politically hairy topics — including the possibility of him staying on the Fed’s Board of Governors after his chairmanship ends — but he stayed firm in his refusal to comment. No fighting words or juicy headlines to be found here (sigh)….Read more
Get ready for what might be the most pivotal week of the first quarter. Front and center is the Federal Reserve meeting on Wednesday. The interest rate decision itself isn’t a close call – market pricing indicates only 5% odds of a rate cut – but investors will get an update on the economy and…Read more
On Higher Ground Global markets have been particularly news heavy this week, with the volatility index (VIX) hitting 20 for the first time since November and bond yields in the U.S. and Japan rising dramatically. The main story was that the Japanese 30-year bond yield rose 27 basis points on Tuesday, its largest one-day rise…Read more
