FOMC Minutes: “More concerned about risks associated with trade tensions and adverse geopolitical developments”

From the Fed: Minutes of the Federal Open Market Committee, September 17-18, 2019. A few excerpts: Participants generally viewed the baseline economic outlook as positive and indicated that their views of the most likely outcomes for economic activity and inflation had changed little since the July meeting. However, for most participants, that economic outlook was […]


Five more years for this cycle, redux

Coming into 2019, I had asserted that while growth was moderating, massive policy support from the world’s central banks ensured that the current cycle had at least another five years to go. With the US Federal Reserve and other central banks delivering on the policy support front, that prediction was looking quite good for the […]


Is it Time to Dodge the Draft?

No, you are not going to have to avoid a Government draft. But with winter coming, you might want to do somethings about that drafty house.  Some simple inexpensive projects could save you up to 18% on your energy bills this winter.  Here are four projects you should look at doing. Durable Weather Stripping.  Take […]


Key Financial Moves at This Festive Season

Every year September to December is considered the most awaited festive season. Starting with Navaratri, Dusshera, Diwali to Christmas, these months are packed with huge load of festivals. These days, people are quite busy buying gold, cloths, new car, home, and shopping for other items. As the festive season comes with the list of expenses, […]


A preview of third-quarter earnings season

Equities have stumbled this month, as weak economic data has revived recession fears. This comes after central banks’ dovish pivot fueled significant multiple expansion. Where to now? We see limited additional monetary easing ahead. This means earnings will be key for further U.S. equity gains. Third-quarter earnings season may offer some limited support as the […]


Wednesday: Job Openings, FOMC Minutes

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM, Job Openings and Labor Turnover Survey for August from the BLS. • At 2:00 PM, FOMC Minutes, Meeting of September 17-18, 2019• At 6:00 AM, NFIB Small Business Optimism Index for […]