First Sign of Weakening Labor Market as Job Offers Hit Two-Year Low
After his first day in court, former President Donald Trump will face 34 counts of falsifying business records. According to the charging...
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Ballestas Group
Apr 2, 20231 min read
FDIC Considers Making Big Banks Pay for Failures to Protect Smaller Ones
According to a report from Bloomberg, the FDIC is considering forcing the largest banks to absorb more of the $23 billion costs...
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Ballestas Group
Mar 23, 20231 min read
Credit Suisse's Loss Sparks European Market Decline Amid Banking Crisis
Last Wednesday, as expected, the Federal Reserve raised the reference rate by 25 bps, thus reaching the target range of 4.75% - 5%. The...
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Ballestas Group
Mar 20, 20231 min read
Awaiting the Fed's Decision
This was a difficult week for North American banks, especially for the so-called regional ones which have faced large deposit outflows....
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Ballestas Group
Mar 10, 20231 min read
Exploring the Causes and Implications of the Recent Regional Bank Failure
The Federal Reserve Chairman, Jerome Powell, delivered a speech on Capitol Hill in which he stated that the Fed is willing to accelerate...
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Ballestas Group
Mar 6, 20231 min read
US Economy Grows Amid Inflation Concerns and Rate Uncertainty
The growth of the economy in the United States shows that inflation continues to be persistent and with it the uncertainty about how long...
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Ballestas Group
Feb 27, 20231 min read
The Good news is Bad News Narrative Returns
Investors are anticipating further rate hikes from the Federal Reserve as Fed funds futures suggest a 0.25% increase at each of the...
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Ballestas Group
Feb 17, 20231 min read
US Inflation Moderates in January, But Fed Remains Hawkish: A Look at the Latest Economic Data
In January, US consumer and producer prices rose at a slower pace than in the previous month, but they still exceeded expectations. The...
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Ballestas Group
Feb 4, 20231 min read
Strong Job Growth and Low Unemployment Rates: Fed May Need Further Action
The Federal Reserve raised its key interest rates by 25bps on Wednesday, bringing the range to 4.50% to 4.75%. Despite initial market...
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Ballestas Group
Jan 30, 20231 min read
Anticipating Fed's Move Amid Conflicting Data
The latest U.S. GDP figure showed slower growth, but a slower pace of slowdown than anticipated. The U.S. saw 2.9% growth in 4Q, down...
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Ballestas Group
Jan 23, 20231 min read
U.S. Reaches Debt Limit, Causing Congressional Tension
The U.S. Treasury Department estimated that the $31.4 trillion U.S. debt ceiling would be hit as early as Thursday, January 19th....
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Ballestas Group
Jan 16, 20231 min read
The Impact of Energy Prices on Disinflation in the U.S. and Europe
Headline inflation in the U.S. fell to its lowest level since November 2021, according to official data. The month-over-month headline...
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Ballestas Group
Jan 9, 20231 min read
Jobs Data Drives Optimism in the Stock Market
According to US Federal Reserve meeting minutes released Wednesday, policymakers emphasized their "firm commitment" to returning...
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Ballestas Group
Jan 2, 20231 min read
2022 a Year Defined by Inflation Pressure, Aggressive Fed Policy & Geopolitical Tension
Existing home sales fell in November for the sixth time, falling to their second lowest level on record. The index fell 4% last month to...
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Ballestas Group
Dec 26, 20221 min read
Consumer Confidence Improves Going into Last Trading Week
The Senate approved the budget for fiscal year 2023, which contemplates spending of USD 1.7 trillion. It includes a defense budget valued...
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Ballestas Group
Dec 19, 20221 min read
Transition From Higher in a Hurry to Data Dependency
On Wednesday, the Federal Reserve approved an interest rate increase of 0.5%, a smaller increase than the previous increase of 0.75%....
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Ballestas Group
Dec 12, 20221 min read
All Eyes on Inflation Data and FOMC Meeting
The U.S. prepared new sanctions for Russia and China in relation to human rights abuses. The sanctions imposed on Russia are expected to...
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Ballestas Group
Dec 5, 20221 min read
2023 Will Focus on Economic Growth & Corporate Earnings
Last Wednesday, in a press conference, the president of the FED Jerome Powell hinted that the Federal Reserve may reduce the pace of the...
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Ballestas Group
Nov 27, 20221 min read
FED Indicates Willingness to Slow Down Hikes
The minutes of the Federal Reserve's Open Committee, released Wednesday, suggest that it will be appropriate "soon" to slow the pace of...
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Ballestas Group
Nov 21, 20221 min read
Democrats Retain Control of the Senate
President Joe Biden met with his Chinese counterpart Xi Jinping in Bali, taking advantage of the G20 summit. The meeting lasted two hours...
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