Fed Boosts Benchmark By 50 Basis Points

Fed Boosts Benchmark By 50 Basis Points

The Federal Open Market Committee agreed to raise the federal funds target rate by 50 basis points and to begin shrinking the Federal Reserve’s balance sheet in June by $47.5 billion, with the runoff pace to reach a maximum of $95 billion per month after three months. The FOMC noted in its statement that “ongoing” increases to the fed funds target rate will be appropriate. The central bank’s quest now is to find some “neutral” rate of interest without tipping the economy into recession. “The last time the Fed made a 50-basis-point move was March 2000,” notes Darius Dale. “The dot-com bubble burst shortly thereafter, with the S&P 500 losing 50% and the Nasdaq Composite shedding 80% from 2000 peak to 2002 trough.” Equity indexes were mixed shortly after the FOMC announcement and shortly ahead of Fed Chair Jerome Powell’s press conference. Dale, founder and CEO of 42 Macro, joins Real Vision’s Maggie Lake for today’s Real Vision Daily Briefing to talk about the Fed, the economy, and how the “smart money” is reacting to quarterly earnings reports. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3y9meHD Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jaksot(2080)

Adventures in Finance 48 -  Taking Stock: The Best of “Adventures in Finance”

Adventures in Finance 48 - Taking Stock: The Best of “Adventures in Finance”

Grant looks back at some of his favorite moments from the podcast, reflecting on some of the boldest calls, sharpest insights and most meaningful stories he’s heard. Learn more about your ad choices. ...

29 Joulu 20171h 42min

Adventures in Finance 47 - What Lies Beyond? Big Themes for 2018 Part II: Inflation

Adventures in Finance 47 - What Lies Beyond? Big Themes for 2018 Part II: Inflation

Is an inflation spike around the corner – and if so, what effects could that have? To find out, Grant speaks to Jawad Mian of Stray Reflections, Jonathan Pain of the Pain Report, and Peter Boockvar of...

22 Joulu 20171h 10min

Adventures in Finance 46 - What Lies Beyond? Big Themes for 2018 Part I: Volatility

Adventures in Finance 46 - What Lies Beyond? Big Themes for 2018 Part I: Volatility

Grant and James are joined by two of the most seasoned volatility traders in the world, David Dredge of City Financial and Chris Cole of Artemis Capital Management, to discuss the curious absence of v...

15 Joulu 20171h 10min

Adventures in Finance 45 - Baring The FAANGS: What’s Next For The Tech Titans?

Adventures in Finance 45 - Baring The FAANGS: What’s Next For The Tech Titans?

Mark Mahaney of RBC Capital Markets offers his positive assessment of the outlook for the big tech giants who have led the market rally while Jesse Felder, author of The Felder Report and host of the ...

8 Joulu 20171h 10min

Adventures in Finance 44 - Mind Games: Harnessing Market Psychology

Adventures in Finance 44 - Mind Games: Harnessing Market Psychology

Peter Atwater (Financial Insyghts) and Ben Hunt (Salient) are masters of how to measure confidence in both the economy and in markets. In conversation with Grant Williams, they break down their method...

1 Joulu 20171h 7min

Adventures in Finance 43 - Take-out or Delivery: What’s really happening in retail?

Adventures in Finance 43 - Take-out or Delivery: What’s really happening in retail?

On the eve of the Holiday shopping season, Stephanie Pomboy (MacroMavens) and Dana Telsey (Telsey Advisory Group) stake very different positions about the health of the retail space and the consumer. ...

24 Marras 201755min

Adventures in Finance 42 - A Deep Dive into the Real Vision Think Tank

Adventures in Finance 42 - A Deep Dive into the Real Vision Think Tank

Three contributors to the Real Vision Think Tank discuss their views on the most important areas upon which investors should currently be focusing. Maleeha Bengali of MB Commodity Corner, Tony Greer o...

17 Marras 20171h 3min

Adventures in Finance 41 - A Sea Change Could Be On The Fed’s Horizon

Adventures in Finance 41 - A Sea Change Could Be On The Fed’s Horizon

Is this a fork in the Fed’s road? President Trump has nominated Jerome Powell to be the next chair of the Federal Reserve. Whether Powell will continue down the same path of Janet Yellen, and Ben Bern...

10 Marras 20171h 6min

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