The stock market turbulence in recent days has rattled investors, but the Federal Reserve remains on track to lift interest rates at the March policy meeting, according to this morning’s implied forecast via Fed fund futures.
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Daily Archives: February 7, 2018
Macro Briefing: 7 February 2018
House OKs bill to avoid US gov’t shutdown, but Senate approval is unclear: Politico
US trade deficit for 2017 at highest level since 2008: The Hill
Trump favors shutdown if Dems don’t agree to immigration demands: The HIll
Germany’s main parties end deadlock and form coalition: Reuters
US job openings fall to seven-month low in Dec: Bloomberg
Growth outlook for UK ticks up: MNI
Market crash claims its first victims for VIX-linked products: Bloomberg
Analyst Ed Yardeni remains bullish on outlook for equities: Yardeni.com
GDPNow model projects strong 4.0% gain for US GDP in Q1: Atlanta Fed