This blog post originally ran as an Institute Alert by Darrell Cronk, CFA, President, Wells Fargo Investment Institute and Chief Investment Officer, Wealth and Investment Management; Paul Christopher, CFA, Head of Global Market Strategy; and Sameer Samana, CFA, Senior Global Market Strategist.
Investors have fixated on the Federal Reserve (Fed) and the resumption of its interest rate increases after its March meeting.
With Donald Trump sworn in as the 45th president of the United States, it’s worth noting that while a lot can change with any new administration, a lot continues to chug along.
“Successful investing is anticipating the anticipations of others.” —Economist and investor John Maynard Keynes
U.S. interest rates moved markedly higher following the election of Donald Trump as President.
Capex 2016, where are you?
Both Republicans and Democrats are gearing up for their party conventions where they officially nominate their candidates for president.
The dollar is up, term premiums have come down, credit spreads are wide, and the stock market is down.
The Bank of Japan (BOJ) announced it has set a negative deposit rate, which basically punishes banks for holding reserves instead of lending them out.