Credit Update: Institutional Cash Investments in the COVID-19 New Reality [Episode 1]

5 min read5 min read Potential for a Fed Santa Pause The Fed followed up their September 50 basis point rate cut with a unanimous 25 basis point cut on November 7th, bringing the federal funds target range to 4.50%-4.75%. With one remaining FOMC meeting this year on December 18th, the market has been flip-flopping between the…

5 min read5 min read Resilient Consumer Continues to Spend – No Grinch Forecasted Recent economic data highlights a resilient consumer ahead of the holiday season: Yields Rise on Data and Election Outlook October saw treasury yields rise approximately 40 to 60 basis points from 2 years to 30 years with several narratives behind the increase in…

3 min read3 min read Labor Market Remains Solid but Data Could be Noisy Ahead The September employment report was solid overall but with hurricanes Helene and Milton hitting the Southeast of the United States, labor statistics could be noisy ahead. September Employment Report: Looking ahead, the October jobs report (which will be released on November 1st)…

6 min read6 min read Fed Cut Rates by 50 Basis Points – But 50 is Not “the New Pace” At the September 18th FOMC meeting, the Fed cut the federal funds rate for the first time in over 4 years by 50 basis points to a new range of 4.75%-to-5.00%. Heading into the meeting, Fed Chair…