Markets greeted the Trump Administration’s announcement that it will appoint Jerome “Jay” Powell when Janet Yellen’s term as Fed Chair expires early next year with a gaping yawn.
Global stock markets posted strong gains during the third quarter, which is often a seasonally weak period for risk assets. During a steady onslaught of new record highs for this bull market, the emotional temptation to sell and take profits has become ever more pronounced.
Keep calm and carry on. This is the message investors are sending after stock markets posted strong gains for the first six months of the year.
This week, the Federal Reserve voted to increase interest rates by another 25 basis points, marking the second of three forecasted rate hikes in 2017.
May 2, 2017 — The United States’ economy passed a significant milestone in March, but some people are beginning to wonder how much longer it can continue at its current pace.
After years of being a player in capital markets, the Federal Reserve may be resuming its role as referee.
From Brexit to the election of Donald Trump, 2016 was a year of unexpected outcomes.
Many Americans will head to the polls next Tuesday feeling caught between a rock and a hard place, forced to choose between two of the most unpopular candidates to vie for the Oval Office in recent history.
Throughout the whole of 2015, markets speculated when the Federal Reserve would finally take the plunge and begin raising interest rates. After fits and starts all year, the Fed raised interest rates in December. It also laid out a plan to continue to raise interest rates by 25 bps each quarter until we reached more normal levels. After the rough start to 2016, however, the Fed last Thursday signaled a potential change in policy.
Balentine’s Chief Investment Officer Adrian Cronje spoke with the Atlanta Business Chronicle about the anticipated September 16-17 Federal Reserve Meeting.