GBIL News and Press, Goldman Sachs Access Treasury 0-1 Year From 05/15/24

2024-05-15 02:10:00 ET Summary In June 2022, the Federal Reserve began its program of quantitative tightening (QT) as a complementary policy to conventional interest rate hikes. On May 1, Fed Chairman Jerome Powell announced an important change to the program that seemed to attrac...

2024-05-14 15:25:00 ET Summary The overall PPI for final demand spiked by 6.4% annualized in April from March, seasonally adjusted, driven by a massive 7.0% spike. Core PPI, which excludes energy costs, spiked by 6.1% annualized in April from March, seasonally adjusted. Servic...

2024-05-14 11:50:00 ET Summary US consumer inflation data was surprisingly firm in March, raising the stakes for May 15’s April report. The year-over-year change in core CPI is expected to ease to 3.6% through April, based on the point forecast for CapitalSpectator.com ...

2024-05-14 11:42:20 ET For the third consecutive week market participants found themselves to be overall net buyers of fund assets which included both conventional funds and exchange traded funds. For the week that ended May 8th, investors injected a total of $36.4B into the fund market.......

2024-05-14 07:20:00 ET Summary After seeing their third-largest weekly outflow on record, money markets have recorded three straight weeks of inflows. Mixed-assets funds was the only group to suffer outflows. Spot bitcoin ETFs saw an inflow a week after seeing their first outf...

2024-05-14 00:55:00 ET Summary Minneapolis Fed President Neel Kashkari issued an essay saying that the recent inflation data raise questions about whether their monetary policy is restrictive enough to fully return price growth to the central bank’s 2% target rate. Kashkari...

2024-05-14 00:15:00 ET Summary While oversimplifying any formula in the financial markets tends to backfire more often than not, good inflation numbers tend to deliver new highs for the S&P 500. My thesis is that we put in a bottom in April, which should, hold with a dovish Fe...

2024-05-13 09:15:00 ET Summary We believe high nominal growth, peak rates and broadening earnings performance continue to underpin equity market performance. While slower growth and higher inflation can be seen as having some stagflation characteristics, we remain convinced that i...

2024-05-13 02:32:00 ET Summary While the capital markets and the media react far more to the actual inflation data, ultimately it’s inflation expectations that matter more. There is a growing awareness of the “tightness” of corporate high yield credit, which i...

2024-05-12 07:00:00 ET Summary Hotter-than-expected inflation has put the Fed on a higher for longer policy path. The CPI has been rising consistently at roughly 3.5% since summer 2022, posing a disinflationary concern. The CPI has been on a linear upward trajectory for 19 mon...