FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 05/26/23

2023-05-26 22:00:00 ET Summary The latest inflation data is not what Federal Reserve officials were hoping for. Core inflation, which excludes volatile food and energy prices and is thought to be a better predictor of future inflation, also remained high. Fed officials may wor...

2023-05-25 12:30:00 ET Summary There is a growing consensus among observers that a recession is almost inevitable. After all, hasn't almost every recession in the past 50 years been preceded by a deliberate tightening of monetary policy? The latest round of Fed tightening has ...

2023-05-25 03:30:00 ET Summary Seasonally Adjusted Money Supply in April fell $167B. This is now the 9th consecutive monthly drop. This is also the second-largest drop of all time, behind only last month. Looking at the seasonally adjusted numbers shows that this month decreased t...

2023-05-24 11:30:00 ET Summary The money and bond markets find themselves in an interesting spot on the calendar, nestled right between the May and June FOMC meetings. While inflation gauges continued to reveal signs of further cooling, core measures, such as CPI, showed price pre...

2023-05-23 21:56:00 ET Summary Have central banks done enough to get inflation back to 2%? Are central banks still in control or will they be overwhelmed by troubling financial conditions? Why China's rebound has been softer than expected. For further det...

2023-05-23 07:15:28 ET While most investors are expecting an 11th-hour deal to be reached over the debt ceiling, interesting market dynamics are at play as the drama unfolds in Washington. Some triple-A corporate bonds from Microsoft ( NASDAQ: MSFT ) and Johnson & Johnson ( NY...

2023-05-23 02:00:00 ET Summary Debacle on the Inflation Front: The Fed’s victory lap about having licked rent inflation was premature. The Zillow Observed Rent Index (ZORI), which is based on asking rents, meaning advertised rents that landlords hope to get when a tenant si...

2023-05-22 03:57:00 ET A weekend full of drama saw both sides of the aisle continue to point fingers over the debt ceiling, before things took a positive turn on Sunday night as Air Force One returned from the G7 summit in Japan. "It went well," President Biden declared, after speaking ...

2023-05-20 07:00:00 ET Summary In the US, recent growth has been positive, the labor market has been resilient, and inflation appears to have peaked. Despite current rosy macro data, many forecasters see two clouds on the horizon: recession and inflation. Acknowledging the goo...

2023-05-20 01:00:00 ET Summary Could massive monetary support have softened the deep bear market many expected? It is an interesting question. Particularly given the Fed has hiked rates at one of the most aggressive paces in history. Combined with inverted yield curves, surgin...