Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Another important point: The financial crisis and Lehman bankruptcy occurred right near a presidential election, according to Nicholas Colas, co-founder of DataTrek…
Day: April 9, 2020
FT: "Markets are only starting to come to terms with the new normal"
Excerpt from the Financial Times quoting DataTrek’s Nick Colas: …. “For Wall Street, this supports a view that the long-term earnings power of S&P 500 companies will withstand significant damage…
Fed Funds Futures, Claims, And S&P Earnings
Three points today: #1: Fed Funds Futures prices after today’s release of the Federal Reserve’s minutes of their last meeting, where they cut rates to 0 – 25 basis points:…