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Corrective Forces Still Seem in Control Ahead of the FOMC Outcome

June 10, 2020
Overview:  The pullback ins US shares yesterday has not derailed the global advance.  Japanese and Chinese markets were mixed, the Hang Seng slipped, and Indonesia was hit with profit-taking, but the MSCI Asia Pacific Index eked out a small gain.  It has fallen once past two and a half weeks.  The Dow Jones Stoxx 600 opened higher but is falling f…
Corrective Forces Still Seem in Control Ahead of the FOMC Outcome Corrective Forces Still Seem in Control Ahead of the FOMC Outcome Reviewed by Marc Chandler on June 10, 2020 Rating: 5
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Fed Moves Back to Center Stage as Transmission Mechanism is Challenged

June 06, 2020
The Federal Reserve moves to center stage next week.  Outside of the US and Chinese inflation measures, it looks to be a relatively light week in terms of high-frequency economic data. Investors are still ruminating over the surprising jobs report (gain of 2.5 mln jobs vs. forecasts for 7.5 mln loss).  Yes, there were classification problems, and …
Fed Moves Back to Center Stage as Transmission Mechanism is Challenged Fed Moves Back to Center Stage as Transmission Mechanism is Challenged Reviewed by Marc Chandler on June 06, 2020 Rating: 5
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