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June 12, 2021

Jerome Powell

‘Impotent’ Fed policy will fail to contain 1970s-type inflation, investor Peter Boockvar predicts

CNBC
CNBC – For more and to sign up click here Most people want to forget this part of the 1970s. But inflation is back, and investor Peter Boockvar predicts it will be the most widespread in decades. “Monetary policy … is right now impotent in its ability to stimulate economic......

Market bull lists inflation as top risk, warns investors may get a ‘wake-up call’ this summer

CNBC
CNBC – For more and to sign up click here There’s an overwhelming risk that’s concerning long-time bull Phil Orlando right now. Inflation, according to the Federated Hermes chief market strategist, could be stickier than the Federal Reserve anticipates. He warns it could spook Wall Street and put investors in......

Wall Street should brace for ‘larger than normal price swings,’ PNC’s chief investment officer warns

CNBC
CNBC – For more and to sign up click here A top investor expects volatility to dominate Wall Street for months. Amanda Agati, PNC Financial’s chief investment officer, lists stretched market valuations, Federal Reserve taper chatter and the end of stimulus checks as troubling forces in the market. “You have......

Economy can handle the sharp rise in inflation, market bull Ed Yardeni predicts

CNBC
CNBC – For more and to sign up click here The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, sees......

The Fed keeps expanding its powers and that’s making some people nervous

CNBC
CNBC – For more and to sign up click here The Federal Reserve seems to be having an identity crisis. Not that long ago, the U.S. central bank was seen solely as a watchdog of the nation’s financial system as well as the entity charged with using its various policy......

Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up

CNBC
CNBC – For more and to sign up click here US Federal Reserve Governor Lael Brainard attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images Federal Reserve Governor Lael Brainard pressed the case for a......

The Federal Reserve’s so-called taper talk could keep markets on edge through the summer

CNBC
CNBC – For more and to sign up click here People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve is facing a big summer ahead as markets look for clues about when the ultra-easy policy......

The Fed this summer will take another step in developing a digital currency

CNBC
CNBC – For more and to sign up click here A woman wearing a face mask rides a scooter past the U.S. Federal Reserve in Washington, D.C., the United States, on Jan. 27, 2021. Lie Jie | Xinhua News Agency | Getty Images The Federal Reserve is moving forward in......

The Fed hinted it could reconsider easy policies if economy continues rapid improvement

CNBC
CNBC – For more and to sign up click here Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy, according to minutes from the session released Wednesday. “A number of participants suggested that if the economy continued to......

The lockdown trade is dead on new CDC mask guidance, says Jim Cramer

CNBC
CNBC – For more and to sign up click here U.S. health officials have loosened rules on masks for vaccinated Americans, but the new guidance sends a different message to Wall Street, CNBC’s Jim Cramer said Thursday. “The CDC’s new guidance also means you’re going to get clobbered if you......

April’s inflation surge wasn’t as drastic as it looked, but the real test is still ahead

CNBC
CNBC – For more and to sign up click here A woman wears a face mask while shopping for a baby shower gift during the Covid-19 pandemic, at Madison’s Niche boutique in Huntington, New York on April 21, 2021. Alejandra Villa Loarca | Newsday | Getty Images There is probably......

The stock market may be misreading what this weak jobs report means for the Fed

CNBC
CNBC – For more and to sign up click here The much weaker than expected April jobs report reinforces the Federal Reserve’s easy policy stance, but some strategists still expect the central bank to signal in the next couple of months that it will slow down its bond buying. Economists......

Jim Cramer says investors only buying ‘inflation winners’ should be careful

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Thursday investors who are buying stocks that benefit from an inflationary environment should be mindful that price pressures may not last, underscoring the need for portfolio diversification. Right now, that’s become a very popular trade, the......

Clarida says the Fed is ‘a long way from our goals’ and tightening policy

CNBC
CNBC – For more and to sign up click here Federal Reserve Vice Chairman Richard Clarida told CNBC on Wednesday that he thinks the central bank should keep its ultra-loose policy in place even as the U.S. economy storms back from its pandemic-era tumble. In a “Closing Bell” interview, Clarida......

Jim Cramer dismisses Treasury Secretary Yellen’s inflation assessment

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday chafed at the idea put forward by Treasury Secretary Janet Yellen that rising inflation could warrant higher interest rates. “Right now though, even though I can totally see and feel the inflation from all sides,......

Treasury Secretary Yellen hints at rise in rates. What to make of the signal

CNBC
CNBC – For more and to sign up click here The prospect of rising rates has spooked investors. Treasury Secretary Janet Yellen’s Tuesday comments about interest rates potentially having to increase down the road to accommodate resurgent economic growth pressured stocks, but not all market analysts are turning negative just......

Fed’s Barkin sees higher inflation this year, but then a reversal in 2022

CNBC
CNBC – For more and to sign up click here Richmond Federal Reserve President Thomas Barkin told CNBC on Monday that he sees inflation pressures building this year that he expects to subside in 2022. “I think we will see price pressure this year. You’ve got a very strong demand......

More earnings, April’s big jobs report and inflation worries could swing markets in the week ahead

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: NYSE April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. Stocks notched solid gains in April,......

Leon Cooperman sees stock market lower a year from now due to tax, rate, inflation pressures

CNBC
CNBC – For more and to sign up click here Billionaire investor Leon Cooperman told CNBC on Friday he expects the stock market will be lower than current levels one year from now. Cooperman’s comments came one day after the S&P 500 notched yet another record close in 2021, finishing Thursday’s......

Stock futures dip even after Amazon reports profit surge

CNBC
CNBC – For more and to sign up click here FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes dipped at the start of the overnight session Thursday evening as investors pored over a flurry of earnings results and a......

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