Journal
September 2024
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Are Interest Rate Cuts still good for Financial Markets?
Good Morning Ladies and Gentlemen ”I fear that there is no voluntary return in the history of mankind.” “The Count” in Robert Musil’s The Man Without Qualities (first edition) U.S. Federal Reserve The U.S. Federal Reserve Bank has responded to the recent slowdown in inflation by implementing its first key interest rate cut in […]
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The Fed’s Path Forward
Good Morning Ladies and Gentlemen <p style=”text-align: center;”><em>”There may be more beautiful times, but this one is ours.”</em></p> <p style=”text-align: center;”><strong>Jean-Paul Sartre </strong></p> <h3><strong>ISM</strong></h3> On Tuesday, the stock markets declined following Monday’s Labor Day closure. Tech stocks, susceptible to economic changes, were impacted by discouraging sentiment data from the industry. The Purchasing Managers’ Index […]
August 2024
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Are You Considering Purchasing a New Car?
Good Morning Ladies and Gentlemen “Life is unfair, but remember, sometimes it is unfair in your favour.” Peter Ustinov Germany’s Economy Germany currently needs help with demand. The latest data on the country’s gross domestic product in the second quarter clearly shows that consumption and exports must improve. The weakness in consumption is attributed […]
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GDP Expectation / Unfunded Recession Fears? / Commodities
Good Morning Ladies and Gentlemen “I did not need the special equipment. I’m a natural, natural shooter.“ Turkish shooter Yusuf Dikec, Olympics, Paris 2024 GDP Expectation The Atlanta Fed’s forecast for the third quarter of 2024 (GDPNow) is 2.9%. A nowcast value of 2.9% means an increase of 0.4 percentage points compared to the previous […]