News Regulators 

Fed’s Bullard: Rate hikes, balance sheet reduction ‘coming to an end’

“Bullard said he expects a timetable for balance sheet program to be revealed “in the next couple of months.”” writes Jeff Cox for cnbc.com. The Federal Reserve is likely near the end of interest rate increases and the program to reduce the bonds it holds on its balance sheet, St. “That’s going to mean a bigger balance sheet, that’s for sure,” he said.While U.S. interest rates are low historically, they’re actually high compared to the rest of the word, Bullard said.”I actually think we’re a little bit tight here, a…

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Futures News Regulators Stocks 

Market Snapshot: Stock-index futures edge lower as investors watch trade talks, await Fed minutes

“LC, +1.40% stock tumbled 6.1% in off-hours trade, after the peer-to-peer lending firm announced fourth-quarter results Tuesday evening that fell short of analyst forecasts” writes Deputy Markets Editor for marketwatch.com. U.S. stock-index futures were pointing to a flat open Wednesday, as investors kept an eye on U.S.-China trade talks in Washington and awaited minutes of the Federal Reserve’s January policy meeting.Cadence Design Systems CDS, +8.79% stock was up 7.9% before the bell after the firm reported fourth-quarter results Tuesday evening that topped consensus expectations, while raising its first-quarter outlook. Source: marketwatch.com

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Markets News Regulators 

The Fed could move markets this week when it tells us what it was thinking at the January meeting

“In what felt like an about face from its December meeting, Powell also emphasized that the Fed would be flexible with its balance sheet” writes Yuri Gripas for cnbc.com. Stocks were higher in the past week, even with Thursday’s sell off on stunningly weak December retail sales data.The Fed calmed the markets in late January when it said it could stop raising interest rates, but investors are watching the release of its meeting minutes for any sign the Fed could veer off its easy path.There could be discussion in the…

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Markets News Stocks 

Goldman Sachs just dumped a trade recommendation that’s crushed the market over the past 2 years. Here’s why, and what it means for investors.

“There have been 7 cycles of strong balance sheet stocks outperforming weak balance sheet stocks since 1980.” 4″ writes Akin Oyedele for businessinsider.com. The strong run for companies with strong balance sheets is over for now, according to Goldman Sachs.The relative valuation of strong vs. weak balance sheet stocks ranks in the top quintile versus the past 35 years. “Based on five different metrics, the relative valuation of strong vs. weak balance sheet stocks currently stands in the 85th historical percentile since 1980.”. Companies with strong balance sheets have outperformed…

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News Regulators 

Fed shifts to Jim Bullard’s world after new interest-rate, balance sheet strategy

“And Minneapolis President Neel Kashkari has been another consistent dovish voice on the central bank since he joined in 2016” writes Senior Economics Reporter for marketwatch.com. He also said the central bank should admit it doesn’t know where a “neutral” level of interest rates is.This majority consisted of hawks allied with more traditionally dovish Fed officials — like Boston Fed President Eric Rosengren — who were worried about possible asset bubbles caused by low interest rates.The central bank dropped its guidance that more interest rate increases were likely, suggesting the…

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News 

We found 19 new high-tech fitness devices — and you’ll want them all

“Turning our desire to fly into a workout, German-made Icaros combines core balance and virtual reality in a spectacular way” writes Roy M for latimes.com. It’s not easy learning how to smoothly shift your weight and balance, but great fun (they had to pry me off it) and a sweaty, challenging core workout that raises your pulse, and tests your coordination and reflexes. Source: latimes.com

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Markets News Stocks 

A record number of balance-sheet bombs are threatening the stock market’s health. Here’s what one expert says investors should do to stay safe.

“The recent outperformance of low balance sheet quality stocks is an opportunity to sell them, in our view.”” writes Joe Ciolli for businessinsider.com. “With a low multiple being placed on balance sheet quality we think this equates to a strategic case to buy good balance sheet quality as a theme across global equity portfolios,” Fraser-Jenkins said.He continued: “The deterioration in the quality of credit means, we think, that credit spreads have a lot further to expand this cycle.”. But it’s also created a side effect that doesn’t bode well for…

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