Tag Archives: fed

US JOBS NUMBER DECLINE. FEDERAL RESERVE BALANCE SHEET NORMALIZATION CONTINUES

By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]

Leave a Comment Continue Reading →

Fed 2nd round taper & Emerging Markets (EMs) crises: 3rd Jan 2014

By Musabbir Mazhar As expected, the Fed continued its Bond purchases tapering as announced on Wednesday Jan 29th – S&P 500 went down 1% on the news – The Fed will be buying 65$ Billion in Agency MBSs and LT Treasuries starting February – I see the fed continue its tapering program to relieve the […]

Leave a Comment Continue Reading →

What’s happening in the markets since last week?

By Musabbir Mazhar US equities has seen a sell-off in the market last week and many are delving into the thought that the market has just started its long awaited downward spiral- I don’t think so. P/E multiples have grown surely but if you compare them to the time after the crises – when US financial […]

Leave a Comment Continue Reading →

Market Update Monday, 2nd December 2013: US Treasury yields Rise, Non-farm Payrolls due to come out Friday

By Musabbir Mazhar Investors were engaging in a sell-off today of the US 10 year treasury and caused its prices to fall – yields rose 5 basis points or 0.0005 to 2.80% as ISM (Institute for Supply Management) data came out positive. This yield level is highest seen since the last 10 days. Investors were […]

Leave a Comment Continue Reading →