MA’s Chris Varvares appeared on Squawk Box on Monday March 27. The segment also featured Robert Waas of RSW Investments and focused on the market and economic impact of the failure of the health care bill as well as how the timing and size of other Trump proposals might be affected. Click here to watch the video.
MA’s Ken Matheny was quoted in the article, “Fed rate increases move from a crawl to a walk” by By David Nicklaus of the St. Louis Post-Dispatch. (Excerpts shown below) Not long ago, the mere mention of higher interest rates sent financial markets into a tizzy. Now, markets are shrugging off, and maybe celebrating, the fact that the Federal Reserve just quickened its pace of rate increases from a crawl to a walk. Stocks remain near record highs, bonds are stable and the dollar is little changed. In December, markets and many economists didn’t believe a Fed forecast that implied three rate increases this year. It had pushed through only one increase in 2015 and one in 2016, after all. Three months later, almost everybody believes that Wednesday’s quarter-point move will be duplicated twice more before Christmas. That would put the overnight interest rate, called the federal funds rate, at between … Continue Reading