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BMO Global Asset Management

September 24, 2020

Interest Rates: Lower For Longer…or Forever?

The Fed notes that rates will remain near zero “until labor market conditions have reached levels consistent with the Committee’s assessments of maximum employment. Officials see inflation getting to 2% by 2023 and unemployment getting down to 4% around that time.

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Finimize

September 24, 2020

Rally-Oop

Nike announced quarterly results late on Tuesday that dunked on investors’ expectations, and the sportswear giant’s shares initially sprang up 9% on Wednesday.

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Briefing.com

September 24, 2020

In a Macro-Psychological Funk

The stock market had a rough day on Wednesday and it doesn’t appear ready to snap back just yet. Currently, the S&P 500 futures are down 24 points and are trading 0.6% below fair value.

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