Ryan ALM
Blog
Nothing Here! Really?
Yesterday's financial news delivered an inflation surprise (0.5% vs. 0.3%), at least to me and the bond market, if not to the U.S. equity market. The Federal reserve had recently announced a likely pause in their rate reduction activity given...
That's comforting!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Fed's meeting notes from the September 17-18 FOMC have recently been released. Here are a few tidbits: Some officials warned against lowering rates "too late or too little" because this risked...
We Suggested That It Might Just Be Overbought
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Regular readers of this blog might recall that on September 5th we produced a post titled, "Overbought?" that suggested that bond investors had gotten ahead of themselves in anticipation of the Fed's...
A Little History Lesson is in Order
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I continue to be surprised by the constant droning that US interest rates are too high and financial conditions are too tight. Compared to what? If the reference point is Covid-19 induced...
What's The Hurry?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. "Fed To Cut Rates in September, Say Nearly Two-thirds of Economists." This pronouncement was in large bold font on an email that I received this morning from the Wealth Advisor. Should I...