Rate Hikes Tag

Fed Repriced Out of Action

13 Mar, by Steven Vannelli, CFA in Economy, Markets, News

We just experienced the fastest bank run in history with the closure of Silicon Valley Bank. Apparently over 40% of the company’s deposits fled last Thursday and early Friday before closure. To put this is context, when Continental Illinois—at the time, the largest ever bank...

John Williams Takes the “Under” on Expected Rate Hikes

22 May, by Steven Vannelli, CFA in Economy, News

Yesterday John Williams, one of the newest members of the Federal Open Market Committee, wrote an article titled “The Future Fortunes of R-star: Are They Really Rising?” where he summarized his views on real neutral interest rates. He began with a short definition: “R-star is what economists...