Policy Impacts on Equities, Economy; Low Expectations for High Interest Rates

View in your browser Fiscal, Monetary Policy Impacts; Expectations for Interest Rates By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Will Ending QE Impact Stocks and Bonds? Fiscal policy initiatives helped cushion pandemic’s disruption of economy. Direct payments helped consumer spending recover sooner than during Great Recession. Fed tapering of asset purchases … Read More

Fiscal, Monetary Policy Impacts on Equities, Economy

View in your browser The Interplay of Fiscal, Monetary Policy with Equities, Economy By Blu Putnam, Chief Economist CME Group Will Unwinding Asset Purchases Impact Equities? Fiscal policy initiatives helped cushion pandemic’s disruption of economy. Direct payments helped consumer spending recover sooner than during Great Recession. Fed tapering of asset purchases not expected to impact … Read More

Scenarios for Gold; Can Oil Sustain 2021 Rally?

View in your browser Gold’s Path Forward; Oil’s Challenges and Bright Spot By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Gold’s Path Runs Through Inflation, Fed Response Gold has been trading in a wide range from $1,700 to $1,950 the past year. Fed’s current view is that high inflation of the past … Read More

Housing Boom to be Inflationary in 2022?

View in your browser Could Housing Boom Drive Up Inflation in 2022? By Erik Norland, Senior Economist Ayushman Mukherjee, Intern CME Group Housing costs falling behind consumer price index for first time in a decade. Surge in home prices could lead to higher rent through end of 2022. Higher home rentals could add 1.5 percentage … Read More

Tapering Impact on FX, Gold; High Credit Scores Drive Housing

View in your browser Tapering Impact on FX, Gold; High Credit Scores Drive Housing By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group FX, Gold Market Volatility Could Rise With Tapering U.S. jobs recovery could slow down in second half of 2021. Fed expected to stay on course to taper asset purchases by … Read More