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Market Relief: Inflation Under Control and Cooling Consumer Spending Boosts Treasury Bonds
A sense of relief swept through the markets following the release of the Federal Reserve's preferred measure of inflation, the core...
Ballestas Group
Jun 3, 20241 min read
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Earnings Season Wrap-Up: S&P 500 Shines with Surprising Growth, NVIDIA Leads the Charge with Record-Breaking Results
The corporate earnings season is coming to an end with 96% of the companies in the S&P 500 index having already reported their results,...
Ballestas Group
May 28, 20241 min read
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Wall Street Records: Dow Jones Breaks 40,000 as Inflation Decelerates and Rate Cut Probabilities Rise
The S&P 500 index, Nasdaq and Dow Jones reached record levels this week. The Dow surpassed the 40,000 level for the first time. Consumer...
Ballestas Group
May 20, 20241 min read
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Rate Cuts on the Horizon: New York Fed President Optimistic as Jobless Claims Rise
On Monday, New York Fed President and FOMC Vice Chair John Williams, one of the most influential committee members, said that...
Ballestas Group
May 13, 20241 min read
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Powell Surprises Markets: Rate Cuts on the Horizon?
The Federal Open Market Committee met on Wednesday, and markets were expecting a more conservative approach due to inflation concerns....
Ballestas Group
May 6, 20241 min read
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Rising Expectations: Treasury Yields and Inflation in Focus
Yields on 10-year Treasuries hit a high of 4.735% after the underlying personal consumption expenditures price index rose 3.7% in the...
Ballestas Group
Apr 29, 20241 min read
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Housing Market Crash and Rising Tariffs: Economic Impact on U.S. and China
Existing home sales in the U.S. fell 4.3% month-over-month in March as mortgage rates rose to 7.1%. Also, new residential construction...
Ballestas Group
Apr 23, 20241 min read
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Expectations Review: Fewer Rate Cuts on the Horizon?
After three higher-than-expected CPI indices, investors recalibrated their expectations for rate cuts, projecting fewer reductions....
Ballestas Group
Apr 15, 20241 min read
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On the Road to Success: Investor Expectations in the Face of Federal Comments and Solid Economic Growth
Investors await comments from the Federal Reserve and key economic data such as Personal Consumption Expenditures (PCE) in this...
Ballestas Group
Mar 28, 20241 min read
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Fed adopts cautious stance: no change in rates, but anticipates balance sheet cuts and adjustments
The Federal Reserve held the federal funds rate in the 5.25% to 5.50% range at this week's Federal Open Market Committee meeting, but...
Ballestas Group
Mar 25, 20241 min read
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Rising Inflation Sparks Uncertainty over June Fed Rate Cuts
The CPI report showed that the super core measure (basic services excluding housing) increased by 0.47%, too high, although an...
Ballestas Group
Mar 18, 20241 min read
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Economic Trends: Jerome Powell contemplates rate cuts as Fed assesses inflation.
This week Jerome Powell, chairman of the Federal Reserve, gave his semi-annual testimony in front of U.S. lawmakers. In it, Powell said...
Ballestas Group
Mar 11, 20241 min read
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Strong Momentum! U.S. GDP Update Reveals Encouraging Trends for First Quarter 2024
The week saw the release of revised U.S. Gross Domestic Product (GDP) data which came in at 3.2%, down 0.1% from a month ago. However,...
rballestas
Mar 4, 20241 min read
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Nvidia Boosts Markets: Shares Reach Record Highs After Surprising AI Earnings
Shares of Nvidia, the well-known graphics card maker, experienced a notable rise after significantly beating already high earnings...
Ballestas Group
Feb 26, 20241 min read
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January Inflation Surges: Core Services Spark Concern Amidst Slowing Deceleration
Consumer prices rose 0.3% more than expected month-on-month in January, compared to 0.2% in December, slowing the pace of deceleration....
Ballestas Group
Feb 20, 20241 min read
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Rate Times: Powell suggests caution as market expects cuts
Jerome Powell suggested in an interview that the Fed will take a more cautious stance on rate cuts, possibly waiting until after March to...
boltonglobal
Feb 12, 20241 min read
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Federal Reserve Holds Rates and Unveils Strategy: Powell Rules Out Immediate Cut and Aims for Balance Sheet Reduction in March
The Federal Reserve held its first meeting of the year on Wednesday and decided to hold rates at 5.25% - 5.50%. Jerome Powell, chairman...
Ballestas Group
Feb 5, 20241 min read
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The U.S. Economy Defies Odds with Strong Finish in 2023, Navigating Towards a 'Soft Landing'.
The U.S. economy turned out stronger than expected in the last quarter of the year. It posted an annualized, inflation-adjusted growth...
Ballestas Group
Jan 29, 20241 min read
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Christopher Waller's Position: Navigating Economic Strength with Precision, The Fed's Critical Approach
Federal Reserve Governor Christopher Waller said Tuesday that he sees no reason for the Fed to move as quickly or cut as sharply as it...
Ballestas Group
Jan 22, 20241 min read
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Rising Figures: December CPI and Fed Expectations on the Radar
The Consumer Price Index (CPI) surprised on the upside during the month of December, rising 0.3% from the previous month, following...
Ballestas Group
Jan 16, 20241 min read
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