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7 Wall Street Firms Interpret Yellen's Jackson Hole Speech
Monday, August 29, 2016 - 2:30pm | 564The S&P 500 showed very little reaction on Monday to Janet Yellen’s policy speech last week at Jackson Hole. A number of Wall Street firms have weighed in on the speech and what it means for investors. Here’s a look at what seven analysts had to say. Related Link: Here's How...
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Barclays Maintains Call For A September Rate Hike Following Yellen's Speech
Monday, August 29, 2016 - 12:31pm | 284Michael Gapen, an economist at Barclays, commented in a report that Federal Reserve's Chair Janet Yellen's comments reinforces his prior view that an interest rate hike is a likely outcome when Federal Reserve members gather in September for a policy meeting. Gapen continued that Yellen...
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Got Yield? How To Get Ahead Of The Curve
Friday, September 18, 2015 - 3:03pm | 1000A two-day Federal Reserve meeting begins today to determine whether to raise interest rates for the first time since June 2006. Volume in the stock market tends to drop as investors take a wait-and-see approach to Thursday’s imminent announcement. Thanks to turmoil in Greece and China, as...
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How Wall Street Is Reacting To The FOMC Rate Decision
Friday, September 18, 2015 - 12:00pm | 861The Federal Open Market committee held its policy steady on Thursday by keeping the fed funds rate target range at 0.0-0.25 percent. Here is how Wall Street's top Fed experts reacted to the announcement. Credit Suisse: Debate Turns To October Meeting Dana Saporta of Credit Suisse...
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If China Sneezes, Who Else Gets Sick?
Tuesday, September 15, 2015 - 7:49am | 385Another round of economic data out this week continues to point to weakness in China. Emerging markets will likely be hit hard by the drop-off in trade with China. Barclays believes that the Fed will not be raising interest rates this month. The attention of global investors is...
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Barclays' Chief U.S. Economist Thinks The Spillover Risk Of Grexit 'Is Contained At This Point In Time'
Monday, July 6, 2015 - 2:01pm | 456Michael Gapen, Barclays' chief U.S. economist, was on CNBC Monday to discuss how likely it is for Greece to exit the European monetary union and the effect that could have on the financial markets. Here is what he said. Base Case: An Exit From EU "We think that at least in the next...
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What The Market Wants And Needs To Hear From The Fed Next Week
Friday, June 12, 2015 - 12:24pm | 378After the weakness seen in the first quarter, the economic data for Q2 has come in as a respite for the markets. Michael Gapen, Barclays PLC (ADR) (NYSE: BCS)'s chief U.S. economist, was on CNBC Friday to discuss the current state of the U.S. economy and what the Fed needs to communicate at its...