Friday, June 15, 2018

Thursday, June 14, 2018

This Morning's Log Entry: A Followup To Yesterday's Blog Post

6/14/18 (Thursday)

The Fed and the ECB meetings played out precisely as we scripted  yesterday: The Fed was more hawkish with 4 hikes this year now being the consensus, and the ECB softened up by pushing QE through year-end, and announcing that – as economic things currently stand -- interest rates won’t be touched until we’re well into 2019.

Wednesday, June 13, 2018

The Fed Says The Economy's In "Great" Shape, And Won't Weigh In On Fiscal Policy, However.....

As you've noticed, we're not the least bit shy in expressing our concerns over the potential for an increase in protectionism between us and our trading partners. Listening this morning to Fed Chairman Powell's post-meeting press conference, he had to field a few questions on the topic.

Today's Log Entry: The Dollar vs The Euro

Currencies have my attention this week; particularly the U.S. dollar and the Euro.