By David O'Malley | March 21, 2016
As anticipated, the Federal Reserve (Fed) reduced expectations for future interest rate increases at its meeting last week. Risk markets rallied on the news. The Fed’s dovish change in tone puts the market in an interesting dilemma.
By Jen Ripper | March 17, 2016
The S&P 500 and Dow Jones Industrial Average indices have, over the past four weeks, retraced 90% and 88% of the move over the first six weeks of the year, while corporate spreads have not only recouped their losses but have now tightened on a year-to-date basis. Meanwhile, commercial mortgage backed securities (CMBS) cash markets have remained largely unchanged.
By David O'Malley | March 14, 2016
Last week, the European Central Bank (ECB) increased monetary stimulus. The continued stimulus was widely expected, but the amount exceeded expectations. The Fed meets this week, and I don’t expect them to increase interest rates until June at the earliest.
By Justin Kaplan | March 10, 2016
This week’s chart shows the shift in U.S. electricity generation since 2000. Regardless of which side of the Climate Change debate you come down on, the trends toward cleaner power generation in the U.S. are difficult to question.
By Jen Ripper | March 3, 2016
Student loan debt has tripled over the past 10 years, reaching $1.2 trillion in the fourth quarter of 2015. Total student loan debt now accounts for 10.2% of total household debt.
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