Fynsa
If approved by the Senate, Kevin Warsh will face a complex scenario characterized by high levels of debt, profound technological transformations, and fiscal tensions.
Rate declines yes, but not as fast and not as steep.
The combination of lower demand for long duration and higher supply (to cover massive budget deficits) is affecting valuations at the long end of yield curves.
The financial giant anticipates key changes in global markets, productivity growth and the impact of economic policies over the next 12 months.
With Donald Trump's victory, the federal debt continues to grow unchecked, a crucial issue that must be addressed.
The economy and an intensification of grassroots support would be some of the factors behind the historic win of now President-elect Donald Trump.
Economic uncertainty continues to weigh on investors' decisions and any misalignment in market projections could generate an adverse reaction. The Fed faces the challenge of maintaining the balance between growth and inflation.
With the U.S. engaged in the rate adjustment process, our Central Bank will be able to continue its own adjustment process with a little more slack, so that the trajectory is more consistent with the weak macro scenario we face.
We are already used to the fact that in September, while in Chile we are celebrating the Fiestas Patrias, the members of the board of governors of the Federal Reserve (FED) are working hard to decide on the monetary policy of the most important economy in the world.
Yield curve disinvestment has historically been a signal indicating bad times for stocks, which argues for more defensive positioning.
