Thoughts – Insights

"The Day Today" - 5 October 2015

* Fed Rosengren on NFP: “it was only one report. If it is symptomatic of broader weakness in the economy, then we should wait” * Fed Bullard: “a simple and prudent approach to current policy would be to begin normalising” * Fed

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"The (NFP) Day Today" - 2 October 2015

* Atlanta Fed US GDP NowCast slashes Q3 forecast for growth to 0.9% from prior 1.8% estimate due to wider trade gap * Fed Williams: “it doesn’t take a lot of information to tip the balance” * Fed dissenter Lacker thinks . . . To read this article, please log in or sign up to…

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"The Day Today" - 1 October 2015

* WTO lowers forecast for global trade this year to 2.8% from 3.3% * Traders start pricing Glencore bonds like junk * Russian Airstrike in Syria Targeted CIA-Backed Rebels, U.S. Officials Say (WSJ) * PIMCO: “the pendulum . . . To read this article, please log in or sign up to one of our subscription…

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"The Day Today" - 30 September 2015

* After yesterday’s negative Germany CPI print, ECB’s Weidmann reiterates: “I continue to believe that monetary policy should look through the energy price-induced inflation fluctuations, because they are temporary and they increase purchasing power and thereby strengthen the economy anyway” * IMF warns EM governments to prepare for a new credit crunch *

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"The Day Today" - 29 September 2015

* Fed Williams wants to hike “sometime later this year”… “I am starting to see signs of imbalances emerge in the form of high asset prices, especially in real estate, and that trips the alert system” * Fed Evans: “before raising rates I would like to have more confidence than I do today that inflation…

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