STPP News and Press, Barclays Bank PLC ZC SP ILN REDEEM 13/08/2020 USD 50 - Ser A From 03/21/19

There’s no real nice way to say that I found Wednesday's FOMC minutes to be disgraceful. The only conclusion I’m left with is that Jerome Powell has capitulated and is now scared of either the market turning on him, the president turning on him or both. Otherwise, how do you expl...

S&P 500: What Is Priced In Today? Starting in January of this year, I started to write about the earnings expectations that are priced into the S&P 500 or the more commonly traded SPDR S&P 500 Trust ( SPY ) ETF. I started in January by writing a research note, which you can fi...

The panic attack that ravaged markets in the fourth quarter of last year, causing a 20% loss in the S&P 500 index, has almost completely reversed. Overseas equity markets have recovered as well; credit spreads are back to normal levels, the dollar is relatively stable, and commodity pric...

Geoffrey H. Moore was famously called "the father of leading indicators" for his composite index approach to forecasting business cycles. In this research note, I want to walk through an example of a leading indicator that Moore described for the employment market in a 1983 working pa...

The Fed’s Federal Open Market Committee meets on Wednesday and the feeling is that there will be no change in the central bank’s policy rate of interest. Fed watchers, however, will be looking for changes in the “feel and tone” of what Federal Reserve officials wr...

New investment-grade corporate bond sales continue to flood the market, amid still ultra-low U.S. interest rates. To date this week, a total of more than US$25.25bn of high-grade corporate debt priced, trouncing most syndicate managers’ expectations by almost 118%, and to this point...

In Macro Letter - No 108 - 18-01-2019 - A world of debt - where are the risks? I looked at the increase in debt globally, however, there has been another trend, since 2009, which is worth investigating as we consider from whence the greatest risk to global growth may hail. The BIS global...

Interactive Brokers’ senior market analyst Steven Levine talks with Jed Gore, senior data scientist at Sentieo, to discuss how he employs advanced technologies to better understand the trends behind the Fed’s rate hikes, cuts and status quos. Find out what Sentieo’s ...

By David Q. Tang, Senior Quantitative Analyst - Investment Grade, Yanbo Li, Senior Quantitative Analyst - Investment Grade and Apoorv Tandon, Quantitative Analyst - Investment Grade What is the “term premium”, why is it so low, why might it rise - and what does it mean for...

By Erik Norland The past two employment reports took markets on a wild ride, with 311,000 jobs created in January, but only 20,000 in February. If you average the two, however, U.S. employers have been creating about 165,000 jobs per month so far in 2019, which is close to what our model s...