By David Nelson, CFA The Fed cannot and will not deliver on the goals laid out by Fed Chair Jay Powell in his opening remarks at Jackson Hole. The long-term target of 2% inflation is not achievable. Monetary policy on its own isn’t enough to bring down inflation expectations and deliver on the Fed’s principal […]
Tag Archives: FOMC
April
04
We’re not in Kansas anymore
posted by David Nelson, CFA
By David Nelson, CFA Investors entered 2022 with several issues that needed to be resolved. The bubble in non-profitable technology stocks had already started to unwind and inflation was well on its way to becoming a problem not just for investors and the FOMC but for everyday Americans. Add a war breaking out in Ukraine that escalated […]
January
24
No Man’s Land – How Far Could Stocks Fall?
posted by David Nelson, CFA
By David Nelson, CFA CMT There are no easy answers as to why markets fell apart last week. All the usual suspects had a hand in the carnage. A Fed increasingly behind the curve, inflation expectations rising, a news cycle that gets more frightening by the day and the growing realization that there is payback for […]
January
09
The Dot Plots Moved
posted by David Nelson, CFA
Post the Fed Minutes the Dot Plots all moved up pointing to March as lift off for Fed Rate Hikes.
December
20
When doves turn into hawks
posted by David Nelson, CFA
When #Fed doves start to sound like rate hawks it’s a good bet #FOMC is behind the curve. Meanwhile the long end of the curve doesn’t agree $SPY $TLT #economy
September
20
Fed Day – The beginning of the end…
posted by David Nelson, CFA
By David Nelson, CFA CMT As strategists, portfolio managers, analysts, or market pundits we tend to hype the importance of events to support a narrative that explains our market outlook. In the last decade it has been hard to write a market piece or research report without some mention of the Federal Reserve and or […]
June
21
Iceberg Dead Ahead!
posted by David Nelson, CFA
By David Nelson, CFA CMT The iceberg barely visible in my post from last week came into full view following Wednesday’s FOMC decision and the release that followed. If the analyst notes post the decision are any indication it seems Jay Powell and company caught the street by surprise. While the overall hit to the […]
May
26
Clock is Ticking
posted by David Nelson, CFA
David joins BNN Bloomberg News host John Ehrlichman to weigh in on the latest news driving markets.
May
24
Tick Tock Tick Tock…
posted by David Nelson, CFA
By David Nelson, CFA CMT On Wednesday last the release of FOMC minutes confirmed what investors and markets already know. The Taper Clock has started and the countdown to an inevitable tightening of monetary policy has begun. The sentence ‘ a number of participants suggested if the economy continued to make rapid progress towards the Committee’s goals, […]
DAVID NELSON, CFA 