Documents tagged "Federal Reserve"
Found 11 documents with this tag
HOUSE_OVERSIGHT_031159.txt
The document is an email from JPMorgan discussing current events and financial markets. The author reflects on a time when their friend would throw White Castle hamburgers at the TV during news reports that upset him, comparing this behavior to modern media's coverage of debt ceiling negotiations. They argue that it was irresponsible for Reagan-era Republicans to delay raising the debt ceiling then, but similarly irresponsible not to raise concerns about current debt growth levels. The author mentions various plans and proposals related to the US debt ceiling issue.
HOUSE_OVERSIGHT_030968.txt
In the email exchange between J and Steve Bannon, J expresses displeasure with President Trump's consideration of firing Federal Reserve Chief Jerome Powell after a recent interest rate hike. J believes that getting rid of Powell is more important than dealing with issues in Syria or Mattis, mentioning other advisors such as Pompeo, Heather, Jared, and Ivanka. J also points out Powell's past work for Bankers Trust and Dillon, Read & Co. Bannon responds humorously, stating "Perfect Mnuchin hit" but does not comment further on the subject of Powell or the Federal Reserve.
HOUSE_OVERSIGHT_030966.txt
In an email exchange between J and Steve Bannon, the topic of discussion is President Trump's consideration to fire the Federal Reserve chief after a recent interest rate hike. The sender expresses agreement with this action, saying that it should have been done months ago and refers to the Fed chair as being too old for the job. The recipient notes that this information is confidential and may be attorney-client privileged or inside information.
HOUSE_OVERSIGHT_028531.txt
The email discusses a recent event where Lawrence Summers withdrew his name from consideration for the position of Chair of the Federal Reserve due to opposition from key Democratic senators. The sender expresses sympathy for their friend, who they believe would have been free in the next few days if not for this development. They also mention that Barack Obama might consider nominating someone else to replace Janet Yellen.
HOUSE_OVERSIGHT_027126.txt
The document discusses a message from Jeffrey Epstein to Ehud Barak about Lawrence Summers withdrawing his name for the position of Federal Reserve chair after opposition from key Democratic senators. The email mentions that Summers' wife Lisa is happy because she did not want to live in two cities, and the author suggests that they discuss further when they meet. Additionally, there is a mention of another message from Ehud Barak about a major blow to a friend due to Obama possibly replacing John L.
HOUSE_OVERSIGHT_027032.txt
In the email, Ehud Barak forwards a news article to Jeffrey Epstein regarding Lawrence Summers' withdrawal from the Federal Reserve chair race due to opposition from key Democratic senators. The focus of this document is on key people like Lawrence Summers and Ehud Barak, and places like the United States where the Federal Reserve is located. The topic of the email is about economic decisions and political opposition in the United States.
HOUSE_OVERSIGHT_025221.txt
The document discusses the US debt ceiling negotiations and how they impact large cap growth stocks and rising corporate profits. The writer compares the current situation to a similar discussion in the 1980s when President Reagan scolded Congressional Republicans for delaying debt ceiling increases, which at that time was only half of what it is today relative to GDP or government revenues. The writer argues that while unconstrained debt growth with no plan to slow it is bad, default is also a very bad idea and suggests that debt limit legislation serves as a way for a democracy to decide whether mega-deficits are in the long-term public interest.
HOUSE_OVERSIGHT_025215.txt
In this document, a person discusses the US debt ceiling negotiations, European bailout plans, and how large cap growth stocks are affected by these events. The author compares current debt ceiling discussions to a moment in their past when they were frustrated with news reports on similar issues. They also criticize the argument that raising the debt ceiling is necessary for economic stability.
HOUSE_OVERSIGHT_016801.txt
The document is a capital market outlook from the Chief Investment Office, discussing topics such as macro strategy, global market views, and thought of the week. Paul Morris, Managing Director at Merrill Private Wealth Management, highlights key issues like Federal Reserve policy, global research and development spending, and gold's role as a diversifier in portfolios. The discussion covers the evolving concept of price stability, the potential acceleration of R&D spending due to the U.S.-China tech cold war, and recent tailwinds for gold's performance versus the US dollar.
HOUSE_OVERSIGHT_014972.txt
The document discusses equity volatility insights with a focus on the European Union and United States' equity markets. It suggests monetizing correlation through EU bank dispersion and extracting alpha from summer SPX range as policy and positioning create a "collar" equities. The report also recommends buying in-the-money down and out puts on the S&P, and position for greater dispersion in EU bank sector returns by buying a Dec17 call on an equally-weighted basket of Santander, BNP, ING, Intesa, and Deutsche Bank while selling worst-of calls. The report emphasizes that monetary policy is likely not supportive of substantial equity upside but the "Yellen put" still exists with a lower strike.
HOUSE_OVERSIGHT_014525.txt
The email discusses the investment outlook for the year ahead and reflects on 2016 as a period of uncertainty with economic concerns such as China's growth path, oil prices, and U.S. consumer spending. The author notes that despite these concerns, maintaining a balanced and diversified position led to better performance in the long run. The email also mentions a "mid-cycle slowdown" and includes an image showing West Texas Intermediate spot price and broad trade-weighted dollar value over time.