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Search resuls for: "Macro Research"


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Yes, the Fed has slowed activity in certain corners — most notably the housing market — but by and large the economy is still standing. When that happens, investors and consumers better buckle up: There will be more pain ahead for the stock market and the US economy. For a Fed that is trying to slow the economy, this is not a welcome development. At a minimum, it's tough to cut interest rates when the economy is defying expectations. If that's right, we might be seeing yet another false dawn in the stock market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenaissance Macro's Jeff deGraaf warns investors about year-end rallyJeff deGraaf, Renaissance Macro Research chairman, joins 'Closing Bell' to discuss investors falling for the year end ‘FOMO’ rally.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Renaissance Macro Research chairman Jeff deGraafJeff deGraaf, Renaissance Macro Research chairman, joins 'Closing Bell' to discuss investors falling for the year end ‘FOMO’ rally.
Gary Vaynerchuk warns people to make smarter spending decisions in a recent TikTok. He says that people are underestimating how scary the economy will be in as little as 3 months. "Start getting smart because it's hairy out there," Vaynerchuk warns. Gary Vaynerchuk is warning people to start making smarter spending choices now to prepare for a looming recession in the coming months. Vaynerchuk warns that unless you have massive amounts in savings, you need to get smarter about your spending.
People walk through the City of London financial district during rush hour in London, Britain, October 3, 2022. Asia's main markets had struggled overnight but Europe's STOXX 600 (.STOXX) made a 0.5% early gain as both the pound and UK government bonds rallied in London. Invesco's director of macro research Ben Jones said the UK's volatility would remain a key focus for global markets. In currency markets, the dollar remains king as investors price in U.S. rates peaking around 5%. The rise of the dollar and global bond yields have been a drag for gold, which was stuck at $1,648 an ounce .
Macro bets help hedge funds ride rough Chinese markets
  + stars: | 2022-10-10 | by ( Summer Zhen | ) www.reuters.com   time to read: +4 min
HONG KONG, Oct 11 (Reuters) - The hedge funds that have managed to weather and outperform China's bumpy stock markets so far this year say betting on big-picture macroeconomic changes have helped them. One such fund is Stanley Tao's $230 million Golden Nest Greater China Fund. The hedge fund posted approximately a 2.4% net return for September, according to internal estimates, and is down 1.2% for the first nine months. That compares with MSCI China's (.dMICN00000PUS) roughly 30% decline in the nine months to September, marking the worst first nine months since 2008. Macro strategies are the biggest winners this year, with hedge funds cashing in on the volatility spawned by the differing pace of global rate rises and regulatory changes -- seizing opportunities that didn't exist during a decade of uniform easy monetary policies everywhere.
A weakening labor market puts downward pressure on wages and inflation. The labor market is still tight with about 1.7 job openings for every unemployed worker in the US. New private employment data on Wednesday by payroll services firm ADP suggested that the labor market isn’t losing any steam. The rise in oil gave a lift to energy stocks, helping to boost the overall market, reports Paul R. La Monica. Plus: US Department of Labor reports weekly jobless claims at 8:30 a.m.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAerospace is a safe place for investors, says Renaissance Macro's Stephen PavlickStephen Pavlick, Renaissance Macro Research partner, joins 'The Exchange' to discuss the state of government debt.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUtilities do well in this kind of environment, says Renaissance Macro's deGraafJeff deGraaf of Renaissance Macro Research joins 'Closing Bell' to discuss how much further the Fed will go with raising rates and the impact it will have on the markets.
Reactions: Britain's finance minister unveils "mini budget"
  + stars: | 2022-09-23 | by ( ) www.reuters.com   time to read: +5 min
Britain's blue-chip stocks (.FTSE)remained mired in the red, in line with a broader equity-market decline. FOREX: Sterling extended losses, falling 1.9% on the day to around $1.1047, having hit a new 37-year low earlier on. British homebuilders and household goods makers hit session highs, buoyed by the prospect of consumers getting tax breaks. The tax-cutting budget and ‘go for broke’ growth aims are unlikely to change the longer-term bearish GBP trend." If you get more fiscal stimulus and less monetary stimulus, that’s something that’s buoyant for the currency.
From inflation to consumer spending, there are clear signs that the economy is still in real danger of being pushed into a recession. While Americans' expectations for inflation over the next 12 months have ebbed somewhat, they're still sitting at 6.2%. With strong private demand, consumers are signaling that while labor-market conditions are strong, momentum is slipping. This means the increase in consumers' spending in the first half of the year was driven exclusively by them tapping into their savings. Prematurely easing inflation-reduction policy with inflation rates still elevated risks pushing up inflation expectations and entrenching a higher inflation rate into the economy.
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