Sentences with phrase «of the tightening cycle in»

You can see the panics around LTCM (1998), the end of the tightening cycle in 2000, and the money market troubles in 2007.

Not exact matches

But he also points out that 10 of the 13 postwar Fed tightening cycles have ended in unexpected recessions.

The last time a Liberal government entered an election in the middle of a monetary policy tightening cycle was in 2006; that year, the Conservatives defeated them.

As CNBC anchor Becky Quick pointed out this morning during their segment in which I joined, we may be entering that phase of the cycle where good news on Main St. is bad news on Wall St.. That is, accelerating wage growth may lead the Federal Reserve to tighten faster, slowing overall growth more than currently expected.

Since the U.S. is the most advanced in its cycle, the Fed is at the forefront of the monetary tightening debate.

But if valuations had been rising in the previous year, the S&P 500 has historically performed much worse following the start of a tightening cycle.

But this unexpectedly sanguine report was a reminder that the beginning of a Fed tightening cycle could be near, and the subsequent selloff is a clear sign that the U.S. market is vulnerable to higher volatility in the near term, even though we like the long - term prospects of stocks.

The pace of rate increases has picked up since the central bank began its tightening cycle in December 2015.

«Remember, Fed tightening cycles start off benign but 10 of the 13 in the post-WWII era have ended in tears.»

The pace of tightening currently priced in by the market is very moderate compared with the experience in past tightening cycles.

In previous episodes, long yields tended to rise in the early stages of a tightening cycle at least as much as the rise in short rates, reflecting inflation concernIn previous episodes, long yields tended to rise in the early stages of a tightening cycle at least as much as the rise in short rates, reflecting inflation concernin the early stages of a tightening cycle at least as much as the rise in short rates, reflecting inflation concernin short rates, reflecting inflation concerns.

Now, as I noted fairly early this year, there's no statistical evidence at all that stock prices or corporate earnings perform well in the 18 months or so following the end of a rate - tightening cycle.

Since the beginning of its current tightening cycle in June 2004, the federal funds rate has been increased from 1.0 per cent to 2.5 per cent in increments of 25 basis points at each Federal Open Market Committee (FOMC) meeting.

Implied volatilities gradually declined around the world in the second half of 2003, as it became clearer that the easing cycle was drawing to a close, with some central banks beginning to tighten monetary policy after a prolonged period of relatively low and stable interest rates.

Indeed, I believe the Fed will raise rates in a slow manner that doesn't excessively unsettle the economy or markets, with the gradual nature of the tightening cycle allowing markets to absorb the increases with relative ease.

Our interest rate outlook is also partly driven by the view that the BoC intentionally wants to lag the Fed in terms of its tightening cycle.

Our view that the Canadian interest rate tightening cycle will lag that in the United States is therefore primarily the result of factors outside of the respective business cycles.

In the U.S., I believe large - cap, cyclical - oriented companies look to be in a good position to withstand the start of the Fed's tightening cyclIn the U.S., I believe large - cap, cyclical - oriented companies look to be in a good position to withstand the start of the Fed's tightening cyclin a good position to withstand the start of the Fed's tightening cycle.

In the prior 27 midterm periods, the S&P 500 has rallied 12 % on average during the 10 months following the election; the return jumps to 22 % when the Fed is in the middle of a tightening cyclIn the prior 27 midterm periods, the S&P 500 has rallied 12 % on average during the 10 months following the election; the return jumps to 22 % when the Fed is in the middle of a tightening cyclin the middle of a tightening cycle.

One more note: I believe gradualism is almost required in Fed tightening cycles in the present environment — a lot more lending, financing, and derivatives trading gears off of short rates like three - month LIBOR, which correlates tightly with fed funds.

Then there is the word «typically» like in «In fact, the first 25 % of the tightening cycle is typically the best part of the stock market cycle»in «In fact, the first 25 % of the tightening cycle is typically the best part of the stock market cycle»In fact, the first 25 % of the tightening cycle is typically the best part of the stock market cycle».

Readers may recall that we have talked about the theory espoused by our previous guest speaker Ben Hunt with respect to price inflation in a period of monetary tightening in a series of recent posts entitled «Business Cycles and Inflation» (see Part 1 and Part 2 for the details).

Here's a nuance: in each of 1961, 1965, 1980, 1983 and 1987, the first 25 % of the tightening cycle was, in fact, the best part of the stock market cycle.

The Reserve Bank of New Zealand raised its target rate by 25 basis points to 6.75 per cent in March, taking the cumulative increase since this tightening cycle began in early 2004 to 175 basis points.

Note, however, that in each of the past three Fed tightening cycles, stable value fund returns continued to outpace money market fund returns.

Bishop is among the Republicans» top targets this cycle, and the race may well be tightening, given the Democrats» calling in of former President Clinton to headline a rally for Bishop tomorrow.

According to beauty guru / healer / inspiration / friend Shiva Rose (whose entire title I wish to adopt as my own, but that's another article), «Jade eggs can help cultivate sexual energy, increase orgasm, balance the cycle, stimulate key reflexology around vaginal walls, tighten and tone, prevent uterine prolapse, increase control of the whole perineum and bladder, develop and clear chi pathways in the body, intensify feminine energy and invigorate our life force.»

CPT, together with other sponsors of the event, including AVL and Ricardo, is in the vanguard of 48V mild hybrid developments intended to address the ever - tightening European CO2 regulations and potentially a new and more aggressive test cycle — i.e., the Worldwide harmonized Light vehicles Test Procedures (WLTP).

As shown by the slope changes in the table, flatter curves have been characteristic of tightening cycles and steeper curves have resulted from easing cycles.

The spread tightening in the bull phase of the cycle is initially relatively rapid, and gives way to smaller bits of incremental tightening, until it is too much, or an exogenous force acts on it.

In other words, the market's return has actually been sub-par for a reasonably long period following the final hike of a rate tightening cycle.

Additionally, we tend to take a cautious stance on credit risk in this mature stage of the business cycle given limited spread - tightening potential.

They can engage in fancy strategies where they try to remove policy accommodation either through rates or the size of the balance sheet, but one thing Fed history teaches us is that the Fed doesn't know what will happen when a tightening cycle starts, but usually it ends with a bang — some market blowing up.

But this unexpectedly sanguine report was a reminder that the beginning of a Fed tightening cycle could be near, and the subsequent selloff is a clear sign that the U.S. market is vulnerable to higher volatility in the near term, even though we like the long - term prospects of stocks.

In the U.S., I believe large - cap, cyclical - oriented companies look to be in a good position to withstand the start of the Fed's tightening cyclIn the U.S., I believe large - cap, cyclical - oriented companies look to be in a good position to withstand the start of the Fed's tightening cyclin a good position to withstand the start of the Fed's tightening cycle.

One more note: I believe gradualism is almost required in Fed tightening cycles in the present environment — a lot more lending, financing, and derivatives trading gears off of short rates like three - month LIBOR, which correlates tightly with fed funds.

It was pretty tough to dislodge William Poole, but if anyone could win the coveted «FOMC Loose Cannon» award in a single day, it would be Richard Fisher, after suggesting that the FOMC was «clearly in the eighth inning of a tightening cycle, we've been doing 25 basis points per inning, it's been very transparent, and very well projected by the Federal Open Market Committee under the leadership of Chairman Greenspan,» and, «We're in the eighth inning.

This means that as the central bank undergoes a tightening cycle, it could be beneficial to trade interest rate risk for credit risk, if one believes in the continuing strength of an economy.

The recent move up began in earnest at the beginning of the last tightening cycle, but has persisted into the loosening cycle, as the FOMC has not let the monetary base grow, but has permitted the banks to continue to gather deposits (banking, savings, CDs, money market funds).

In this follow up note, we focus our attention on the shape of the yield curve and returns over various tightening cycles.

In our current stage of the commercial real estate cycle, most conventional lenders, including banks, life insurance companies and CMBS providers, have started to tighten their minimum requirements and capping what they are willing to provide.