Date: December 12, 2018 United States: Fed Bond Losses, China Trade Damage, RBI Newcomer: Eco Day Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started: Federal Reserve is piling up unrealized losses on its $4.1 trillion bond portfolio, raising questions about its finances at a politically
Date: December 10, 2018 United States: Federal Reserve Officials Search for the Elusive ‘Neutral’ Interest Rate The word “neutral” is usually as boring as beige. But not when it’s coupled with “interest rate.” Stocks leaped on Nov. 28 when Federal Reserve Chairman Jerome Powell opined that short-term interest rates were just below their “neutral” range.
Date: December 4, 2018 United States: Here Are Some Signs U.S. Inflation Is Drifting Below Fed’s Goal Just when you thought U.S. inflation was stabilizing around the Federal Reserve’s 2 percent goal, it’s getting pulled back down again. In contrast to the resounding success on their maximum-employment target, policy makers may have to wait a
Date; December 3, 2018 United States: As Fed Rethinks Path for Rates, Gold’s Poised to Jump in 2019 Gold may be poised to rally as speculation mounts that the Federal Reserve will hit the pause button on interest rate hikes in 2019. After lift-off in late 2015 followed by a rise a year later, the
Date: November 28, 2018 United States: Fed Officials Acknowledge Economic Weaknesses Yet Remain Upbeat Federal Reserve officials on Tuesday sprinkled small doses of concern into otherwise upbeat assessments of the U.S. economy. Chicago Fed President Charles Evans, appearing on a panel discussion with two other regional bank chiefs, pointed to growing skilled-labor shortages. Kansas City’s
Date: November 28, 2018 United States: Goldman Predicts Commodities Will Soar in 2019 Commodity bull Goldman Sachs Group Inc. is undaunted by the sell-off in raw materials and is forecasting returns of about 17 percent in the coming months, describing the current situation as unsustainable and touting this week’s G-20 meeting in Buenos Aires as
Date: November 23, 2018 United States: U.S. Firms Evading Trump Tariffs by Switching Output Abroad: UBS U.S. companies are evading President Donald Trump’s goods tariffs by partly moving production abroad, shielding China for now from the effects of an escalating trade dispute, according to research by UBS Group AG. “If U.S. companies move a stage of
Date: November 22, 2018 United States: Weak Investment Leads Signs of Cooling Momentum in U.S. Economy Weaker-than-projected reports Wednesday on business investment, consumer confidence and the job market signaled the U.S. economy is shifting into a lower gear, leaving less cheer as Americans head into the Thanksgiving holiday weekend. Orders placed with U.S. factories for
Date: November 19, 2018 United States: Corporate America's Debt Boom Looks Like a Bust for the Economy Despite strong incentives in the Republican tax plan for American executives to expand, invest and ultimately boost the U.S. economy’s growth potential, a lot of the debt companies are issuing appears to be motivated by something else. Non-financial
Date: November 16, 2018 United States: World's Biggest Dollar Bull Doubles Down on Euro Pain for 2019 The world’s biggest dollar bull is sticking to his guns as the U.S. economy powers ahead and dangles some of the highest interest rates versus Europe in history. Wall Street’s “America First” playbook in 2019 will pack more
