Don’t worry about the January Barometer, which says, “As goes January,
so goes the year.”
Federal Reserve (Fed) policymakers face a difficult task this week. Although
it is not expected that they will raise rates again as soon as this week’s meeting,
they have to communicate the Fed’s policy intentions...
The Five Forecasters still favor the continuation of the current bull market
and no recession.
Emerging markets debt (EMD) valuations have cheapened in recent weeks,
as weaker Chinese economic data and lower oil prices pushed prices lower
and yield spreads higher.
The latest Beige Book
suggests that the U.S.
economy is still growing
near its long-term trend.
However, Main Street’s
suggests that the
continues to be affected
by oil and energy prices.