FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 01/29/24

2024-01-29 12:25:00 ET Summary We think stock momentum can run for now as inflation cools and the Federal Reserve readies to cut rates. So we up our overall U.S. stocks view to overweight. Tech stocks led the S&P 500 to consecutive record highs last week. Robust U.S. Q4 GDP gr...

2024-01-27 01:45:00 ET Summary This week brought with it a couple more pieces of data to suggest that the positive trend the US economy enjoyed throughout 2023 is far from over. The good news this week: Gross Domestic Product (GDP) grew at a real quarterly rate (annualized) of 3.3...

2024-01-27 01:25:00 ET Summary Higher interest rates have had a significant (i.e., disinflationary) impact on important segments of the economy. Banks are still flush with liquidity. The Fed is not starving the system for liquidity as it did in prior tightening episodes. Durab...

2024-01-26 23:46:00 ET Summary The unemployment rate stayed under 4%, wage growth outpaced inflation and the stock market ended the year at an all-time high. Monthly inflation data measures the percentage change in price levels. So, when inflation falls from 9.1% to 3.4%, as it ha...

2024-01-26 23:17:00 ET Summary The surge in money markets since the “pandemic” has revived the age-old narrative that “money on the sidelines” is set to come into the markets. The current equity to money market asset ratio, although down from its record...

2024-01-26 21:36:00 ET Summary From October 2022 through December 2023, cumulative returns for the US Treasury Bill 1–3 Month Index were 6.1%, compared with 7.5% for the Bloomberg US Aggregate Bond Index. Historically, in the three months prior to the first Fed rate cut, th...

2024-01-26 19:13:00 ET Summary Inflation is on the cusp of hitting the 2% target. Strong spending is still driven by legacy savings. First quarter GDP growth is set to remain robust, leaving May the more likely start point for rate cuts. By James Knightley ...

2024-01-26 16:00:00 ET Summary New data from the Bureau of Economic Analysis shows that inflation has slowed significantly over the last year. Most of the inflation observed since January 2020 was due to loose monetary policy. The Fed has kept monetary policy sufficiently rest...

2024-01-26 01:30:00 ET Summary Investors could consider finally buying bonds under the assumption that they will earn reasonable yields and, when we do have periods of slowing economic growth and/or market shocks. Equities will remain a ballast and will likely continue to be drive...

2024-01-25 11:07:00 ET Summary Fourth quarter 2023 GDP growth beat all expectations thanks to strong consumer and government spending plus a positive contribution from net trade. First quarter GDP growth is expected to be weaker based on business surveys, but the Fed is close to d...