Steve Sosnick, Interactive Brokers’ chief strategist, discusses what trends he’ll be watching as the first quarter draws to an end.
Two big variables in the weeks ahead, according to Sosnick, will be the US Federal Reserve’s rethink on monetary tightening and the ongoing Brexit drama in the United Kingdom.
Photo Credit: Rosemarie Voegtli via Flickr Creative Commons
Once again, the decision to keep Fed Funds at its current level came as little surprise, as the Fed continues to be sitting back and waiting to see how the economic and inflation landscape unfolds given the uncertainties that have arisen from tariff-related developments.
Why is the central bank draining cash from the banking system?
Reading the trend lines of America’s monster bond market
Chinese slowdown and OPEC policy have created a massive oil glut
