January 30, 2023 United States: Fed’s Wall Street Clash Sets Stage for Powell’s Hawkish Message Jerome Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its inflation-fighting campaign without signaling a readiness to stop. Despite 2022’s slew of interest-rate hikes from Chair Powell and colleagues, financial
January 27, 2023 United States: Fed Sees Soft Landing as Silver Lining of Temp Jobs Decline The recent decline in temporary jobs — often a harbinger of recession — is actually raising hopes among Federal Reserve policymakers that their bid for a soft landing is working. The number of US temp workers fell for the
January 26, 2023 Gas Price Movement - January 26, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
January 25, 2023 United States: US Business Activity Shrinks for a Seventh Month, Prices Rise US business activity contracted for a seventh month, though at a more moderate pace, while a measure of input prices firmed in a sign of lingering inflationary pressures. The S&P Global flash January composite purchasing managers index rose 1.6
January 24, 2023 United States: Debt-Limit Fight Risks Early End to Fed Quantitative Tightening The Federal Reserve’s quantitative-tightening program risks being propelled toward an early end as US politicians bicker in Washington over raising the national debt limit, according to some economists and bond-market participants. By shrinking its bond portfolio by up to $95
January 20, 2023 United States: Fed Set to Slow Rate Hikes Again and Debate How Much Further to Go Federal Reserve officials, heartened by an inflation slowdown, are poised to slow the pace of their interest-rate hikes for a second straight meeting and debate how much more they need to tighten to get prices
January 19, 2023 Gas Price Movement - January 19, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
January 19, 2023 United States: JPMorgan’s Dimon Says US Shouldn’t ‘Play Games’ on Debt Ceiling Jamie Dimon said the government shouldn’t play games with the debt ceiling, amid a standoff among Republicans and Democrats as the clock ticks on the borrowing cap. “We should never question the creditworthiness of the US government. That is
January 18, 2023 United States: US Mortgage Rates Retreat to 6.23%, Lowest in Four Months US mortgage rates fell to a four-month low last week, supporting more home purchases and refinancing. The contract rate on a 30-year fixed mortgage decreased 19 basis points to 6.23% in the week ended Jan. 13, according to Mortgage
January 17, 2023 United States: Stocks Slide as Big Banks Herald Earnings Jitters: Markets Wrap US stock-index futures fell amid signs central banks will turn more hawkish and as Wall Street banks from Goldman Sachs Group Inc. to Morgan Stanley posted disappointing results. Contracts on the S&P 500 and Nasdaq 100 indexes slipped at
