Populism and Washington dysfunction are two key risks for markets in 2017, and last week was an important one for both.
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.
Given 2016’s sharp turns in both the ﬁnancial markets and the political cycle, we believe the world is on the cusp of some important transitions.
After years of being a player in capital markets, the Federal Reserve may be resuming its role as referee.
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.
With 2013 coming to a close, many are asking what is in store for markets in 2014. At Balentine, we believe one big area of risk in 2014 is if interest rates go up by more than they are currently anticipated to do. Earlier this month, in one of his last moves as Federal Reserve […]
Despite the recent media frenzy over whether or not Congress and the President will avert the “fiscal cliff,” we have until now resisted commenting for three reasons.