Janet Yellen: keeping up the positive spin in spite of the realities of the data
Hello? Anyone there?
Welcome to the unofficial last week of summer with Labor Day weekend coming up. I expect many of you are taking advantage of the slowdown on Wall Street this week and taking some R&R time before gearing up for the last month of the third quarter and the move into the final quarter of the year. Incidentally, we will not be publishing next Monday because of said holiday.
Nevertheless, we do have an interesting Monday Morning Kickoff for you this week — pretty much thanks to Janet Yellen and her comments last week. Frankly, we were left wondering if she’s looking at the same data we’re seeing, or is she maintaining her upbeat tone in hopes that things turn in the right direction, or at the very least to not move things even more in the wrong direction. Either way, we dig into what was said, and how we think things are going to move with regards to the Fed in the coming months.
Chris Versace
Chief Investment Officer
Tematica Research
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- WHAT TO MAKE OF JANET YELLEN’S COMMENTS
The data doesn’t exactly paint the picture of a revving economic engine waiting to be released, and not quite the direction that inspires confidence in Yellen’s “things are getting better” point of view. Read More >> - TAKING A WIDE LENS LOOK AT THE MARKET
Digging into the Volatility Index (VIX) and the S&P 500 daily moves we see a market that has been range-bound for the last six week. Read More >> - AUGUST ECONOMIC DATA STARTS THIS WEEK
Even though it’s a slow week on Wall Street, and only a handful of earnings reports slated to come across our desk, we can’t change the fact that Thursday is the first day of September, and with it comes the start of August economic data. Read More >>
Click below to download the full report:
Monday Morning Kickoff 08-29-2016
