Macro View Daily Insights U.S.-China update. While it is often said that no one wins in a trade war, in the off chance it escalates to that, the U.S. has a few important advantages. However, those advantages do not imply that the road to resolution will necessarily be...
US: S&P 500 Index +0.0%, Dow -0.9%, Nasdaq +1.3% Europe: STOXX Europe 600 +1.0%, German DAX +1.9%, France CAC 40 +1.0%, U.K. FTSE 100 +1.1% Asia: Japan Nikkei +0.7%, China Shanghai Composite -1.5%, Korea KOSPI -1.9% Global/Regional: MSCI ACWI +0.1% MSCI...
Macro View Daily Insights U.S. rolls out tariffs on Chinese goods. President Trump approved a list of more than 1,100 items expected to generate ~$50 billion in taxes on Chinese imports, with an additional $16 billion in goods still under review. Collection is slated...
The Federal Reserve (Fed) raised the fed funds target rate 25 basis points (0.25%) to a range of 1.75-2.00%, but that wasn’t news since the market knew it was coming; nor was the increase in median dot plot, which now suggests members expect four hikes total in 2018...
Macro View Daily Insights Fed follows through with a hike and a hawkish tilt. As expected, the Federal Reserve (Fed) raised the fed funds rate 25 basis points (0.25%) to a range of 1.75-2.00%, as well as its guidance for future hikes (the “dot plot“), with the median...
