Despite Disappointing Employment News, Markets Focus on New Stimulus Hopes Nonfarm payrolls increased by 245,000 in November from the previous month, missing the median estimate of a 460,000 gain by economists. The labor force…
Pfizer's announcement Monday of a potentially 90% effective coronavirus vaccine triggered a wave of hope and optimism to the markets, renewing expectations that life in the U.S. could return to normal…
Democrat and former Senator and Vice President Joe Biden looks as if he has the advantage in reaching the 270 Electoral College votes required to become the next President of…
The AEGIS Hedging Solutions’ Interest Rate Advisory team is committed to updating you with all the new developments on the pending cessation and transition away from LIBOR, scheduled for the…
U.S. GDP in the third quarter jumped slightly more than expected, rising a massive 33.1%, on an annualized basis. This was the strongest quarterly GDP gain on record, after the…
As fixed income traders bet on the likelihood of a stimulus deal and a Democratic Party election sweep, the ten-year Treasury broke through key technical levels, spurring a selloff across…
The chances for a pre-election stimulus for the U.S. economy from Congress are all but over, with Treasury Secretary Steven Mnuchin pointing to political dynamics undermining the months-long negotiations. With fiscal…
No soap opera has had the daily twists and turns seen in American politics and markets over the past ten days. Market volatility has picked up while investors are whiplashed…
U.S. markets were whipsawed this week by speculation over whether a fiscal stimulus deal would be reached, along with the news of President Trump’s case of the coronavirus. Talks between…
As mandated by the CARES Act passed by Congress in March, Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin participated in their quarterly exercise of appearing before the…