from Breakingviews:

Review: Another “Minsky moment” may be on the way

By Edward Chancellor
November 27, 2015

The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own. 

from Expert Zone:

India Markets Weekahead: Bihar to decide near-term course

By Ambareesh Baliga
November 1, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014.The Nifty saw losses every trading day during the week to close 2.8 percent lower at 8,065. Derivative contract expiry, disappointing September quarter earnings, worries that the BJP-led alliance may not do well in the Bihar election and indications of rate hike by the U.S. Fed in December contributed to market jitters.

from Expert Zone:

India Markets Weekahead: Time to book some profits

By Ambareesh Baliga
October 25, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Indian shares marked their fourth consecutive week of gains with the Nifty adding 0.70 percent at 8,295, a notch below the crucial 8,300 levels. Encouraging corporate results and support from global indices helped markets stay higher.

from MacroScope:

More ECB QE? Perhaps best when the Fed raises

October 22, 2015

Those clamouring for the European Central Bank to ramp up its 60 billion euro per month stimulus programme will have to wait until December.

from Morning Bid with David Gaffen:

Where Are We Going

October 21, 2015

No fewer than 30 S&P 500 companies report results on Wednesday, from names as varied as Coca-Cola to American Express to Tractor Supply Co. It's true to say that so far this has not been a great earnings season - 69 percent of companies have exceeded earnings expectations and only about 40 percent on revenue - but with just 65 names reporting as of early Tuesday, it's also correct to say it's early days, given the heavy action we'll be seeing over the next couple of trading sessions.

from Breakingviews:

Banks need more than Fed’s help to boost earnings

October 19, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Morning Bid with David Gaffen:

Ball of Confusion

October 9, 2015

Equities have risen more than seven percent in the last eight sessions. Thursday’s Federal Reserve minutes became the latest ball of confusion fired on the markets, and those in the stock-market world smiled, and asked for another, pushing equities to their highest levels in some time. This is somewhat maddening.

from Ann Saphir:

To boldly go where no central banker has gone before

October 1, 2015

John Williams, chief of the San Francisco Federal Reserve Bank, happens to have the same name as the guy who wrote the music for the Star Wars films. Judging from his speeches of late, the Fed’s own Williams is something of a sci-fan himself.  Thursday in Salt Lake City he borrowed from the iconic greeting of Star Trek’s Spock with a talk titled “The Economic Outlook: Live long and Prosper.” Earlier this month he riffed on Star Wars, with a speech subtitled “May the (economic) force be with you.” In July, he spoke about “The recovery’s final frontier” (see So it is quite logical that the enterprising captain of the Fed’s farthest-flung Western outpost would be keen on exploring strange new worlds. And here I don’t just mean voyaging to Los Angeles, where he was on Monday, or to Spokane, Wash., where he treks next week. Williams, like most Fed officials, believes that after nearly seven years of extraordinarily easy monetary policy, the U.S. economy is finally ready to leave near-zero interest rates behind. On Thursday, Williams repeated his view that the Fed should raise interest rates this year. Not all U.S. central bankers agree – one can almost hear Minneapolis Fed’s Kocherlakota or Chicago Fed’s Evans echoing Princess Leia’s warning, “I have a bad feeling about this.” Certainly, if the Fed can successfully raise rates without quickly needing to cut them again, it will have pulled off what several other global central banks – the European Central Bank, the Bank of Japan, Sweden’s Riksbank --  have tried to do, but failed. Raising rates this year, as Williams hopes and expects to, would indeed be a bold move; and if the first hike is followed by others, he would indeed be taking the Fed where no other central bank has gone before.

from Morning Bid with David Gaffen:

Under Pressure

September 25, 2015

This is a weird market we’re in. Equities spent a good part of the day under pressure, rebounded late on what was attributed to a wonky note that took an inside baseball view of the recent selloff, fell, and then rose, after Federal Reserve Chair Janet Yellen first said explicitly that the Fed plans on raising rates, and then suffered a mild health issue that gave everyone a bit of a scare before doctors said she was okay to continue with her schedule.

from MacroScope:

Yellen faces her biggest test after years of Fed coddling markets

September 23, 2015

A trader works underneath a television screen showing Federal Reserve Chair Janet Yellen announcing that the Federal Reserve will leave interest rates unchanged on the floor of the New York Stock ExchangeThey say every top central banker faces a "test," and this may be it for Federal Reserve Chair Janet Yellen.