U.S. services activity unexpectedly slowed in September, pushing the ISM services PMI to 50 and reinforcing growing odds of near-term Fed rate cuts. This macro pivot could help fuel a new leg higher for Bitcoin and put a $150K target back on the table. September’s ISM services report showed meaningful weakness across the board, with the Business Activity index falling into contraction at 49.9, and New Orders weakened sharply, showing that service-sector growth is stalling. Macro Context with PMI, Labor, ...

Since the Fed's quantitative tightening in 2022, the macro environment has not been kind to many businesses. Moreover, with President Donald Trump implementing tariffs, some businesses are suffering and have tried to find ways to navigate headwinds.Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I e ...

Since the Fed's quantitative tightening in 2022, the macro environment has not been kind to many businesses. Moreover, with President Donald Trump implementing tariffs, some businesses are suffering and have tried to find ways to navigate headwinds.Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I e ...

Nigel Farage and Richard Tice met with the Bank of England Governor - Tolga Akmen/Shutterstock Reform UK will urge Rachel Reeves to overhaul the Bank of England’s money-printing programme to gain a £20bn lifeline ahead of the Budget. Richard Tice, Reform’s deputy leader, is writing to Ms Reeves and the leader of the House of Commons to request an urgent debate on the issue following a meeting with Andrew Bailey, the Bank’s Governor, on Thursday. The party claims the Treasury could save billions by cha ...

Group 1 - The Bank of England has decided to hold interest rates at 4% amid persistent inflation and wage pressures, with expectations that inflation will return to the 2% target gradually [4][67][82] - The Bank plans to reduce its balance sheet by £70 billion over the next year, a slower pace compared to the previous £100 billion reduction, in response to concerns about the impact on the bond market [7][24][65] - There are widespread fears among businesses regarding potential tax increases in the upcoming Budget, with estimates suggesting the Chancellor may need to find between £20 billion and £50 billion in tax rises or spending cuts [6][32][60] Group 2 - The recent inflation rate remains at 3.8%, which is significantly above the Bank's target, and is attributed to factors such as rising food prices and increased employer National Insurance contributions [10][11][61] - The Bank's agents have reported a theme of "consumer caution," with businesses worried about the impact of the upcoming Autumn Budget on economic confidence [5][60] - The Chancellor has indicated that measures are being explored to keep costs down for households, including a potential freeze on fuel duty and the removal of VAT on gas and electricity bills [2][8] Group 3 - The Bank of England's decision to slow down quantitative tightening is seen as a potential boost for the Chancellor, as it may help lower yields on government bonds, thereby easing borrowing costs [33][70][72] - Concerns have been raised about the impact of the Bank's bond sales on the government's gilt issuance strategy, with calls for closer coordination between the Bank and the Debt Management Office [25][41][58] - The current economic environment is characterized by high inflation expectations, which could complicate the Bank's ability to cut rates in the near future [19][27][54]

The Bank of England’s decision to slow the pace and change the make-up of its quantitative tightening plan on Thursday shattered any lingering illusion the policy remains on autopilot https://t.co/mKyqQgQ0J6 ...

Interest Rate Policy - Bank of England maintains interest rates at 4% [1] Quantitative Tightening (QT) - Bank of England slows the pace of QT to £70 billion [1] Bond Market Strategy - Bank of England will sell fewer long-term gilts, with long-dated bonds accounting for approximately 20% of sales [1] Global Bond Market - Adjustments to central bank balance sheets and the handling of long-term rate issuance are occurring globally [2]

Core Viewpoint - The Bank of England (BoE) has decided to slow down its quantitative tightening (QT) program, reducing the pace of government bond sales to minimize market volatility while maintaining its monetary policy objectives [1][4]. Group 1: Bond Sales and Market Impact - The BoE will reduce its bond sales to 70 billion pounds from 100 billion pounds over the past year, with a target to lower its bond holdings to 488 billion pounds by October 2026 [2][3]. - The decision reflects a split among policymakers, with a 7-2 vote indicating differing opinions on the pace of QT [4]. - The sales will be allocated 40% to short-dated, 40% to medium-dated, and 20% to long-dated gilts, based on their initial purchase price [5]. Group 2: Economic Context and Future Implications - The BoE's bond purchases totaled 875 billion pounds ($1.19 trillion) from 2009 to 2021 to stimulate the economy, with QT beginning in 2022 [2]. - Long-dated gilt yields have reached a 27-year high, complicating fiscal planning for the government [6]. - The QT slowdown is aimed at restoring room for future monetary stimulus and reducing market distortions [4].

Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin prefc. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Well, we are about to have the next FOMC and like always, it's the most important FOMC of our lives until the next one. Uh if you go to the to the uh CME Group watch toll, we're basically locked in for a 25 basis po ...

Core Viewpoint - PIMCO suggests that the Federal Reserve should halt the reduction of its mortgage holdings to support the U.S. housing market, as the current approach has led to elevated mortgage rates and wide mortgage spreads [1][2]. Group 1: Mortgage Market Conditions - Mortgage spreads have remained "unusually wide," approximately 230 basis points, contributing to a high average mortgage rate of 6.35% for 30-year loans [2][6]. - The Fed's quantitative tightening has involved shedding mortgage bond holdings since 2022, impacting the housing market negatively [1][2]. Group 2: Proposed Solutions - Reinvesting the proceeds from mortgage-backed securities (MBS) roll-off, averaging $18 billion monthly, could lower mortgage rates by 20 to 30 basis points, equating to the effect of a 100-basis point cut in the federal funds rate [3][4]. - An alternative strategy includes both reinvesting the MBS roll-off and selling $20 billion to $30 billion in MBS, potentially leading to a 40 to 50 basis point reduction in mortgage rates [5]. Group 3: Future Outlook - If the Fed maintains its current strategy, mortgage rates are expected to remain high through 2026, limiting homeownership to wealthier individuals [6].