Joe Tigay's blog

10/26/2018 Morning Brief


Federal Reserve Vice Chairman Richard Clarida endorsed the central bank's plans to gradually raise interest rates and pinpointed the behavior of inflation as key to deciding when to stop Today’s Economic Reports: At 8:30 am ET The first estimate for third-quarter GDP is schedule to be released. At 10:00 am ET Consumer Sentiment numbers will be released. At 1:00 pm ET The Baker Hughes rig count figures.

Equity markets –

S&P futures are trading lower this morning, (-1.73%)

Asian markets closed lower last night.

10/22/18 Morning Brief


Dallas Federal Reserve President Robert Kaplan feels another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in "neutral" territory where it is neither stimulating nor restricting economic growth. In Fed Speak: Atlanta Federal Reserve President Raphael Bostic is scheduled to speak to day at 12:00 pm ET in Georgia. Dallas Federal Reserve Bank President Robert Kaplan will be speaking today in New York at 12;45 pm ET. Today’sEconomic Reports: At 8:30 am ET Chicago Fed National Activity index will be released.