Ranging around ten pages, this briefing features shrewd traders’ advice paired with astute commentary on rising economic trends.
You’ll receive exclusive access to reports and the traders’ daily view on a variety of topics to keep you up-to-speed in today’s ever increasing complex economic environment. This short publication does a wonderful job at highlighting key themes. Delving into the risks of dollar devaluation, the evolving correlation between Bitcoin and stocks, the political wrangling that still plagues the economy and more.
The 2020 Rockefeller Morning Briefing illustrates that a huge tectonic plate shift was actually taking place in 2020 and continues to shape economic talks even now. Perhaps the most curious lesson of this episode though, is the Fed’s ability to orchestrate market moves. As the briefing notes, “the Fed has the ability to move markets.” This power makes the Federal Reserve a core component of the economic strategy. The global community, including governments, businesses, and nonprofits, watches closely what the Federal Reserve does with interest rates.
Many analysts are predicting the first interest rate cuts will occur beginning in July. Looking ahead, there is a strong possibility of increases this fall. These expected moves don’t quite align with the Fed’s historical pattern of behavior. The briefing provides a word of caution to traders that are likely overreacting to the evolving interest rate environment as shown in figure 1.
In examining political influences on the economy, The Rockefeller Morning Briefing discusses former President Donald Trump’s diminishing image of invincibility. The report points to major protests that show the millions of Americans motivated to stand up and fight for our democracy.
“So what we saw on Saturday was more than just the juxtaposition of a poorly attended parade that was supposed to glorify the Leader against massive, enthusiastic protests. We also saw a body blow to Trump’s image of invincibility and a demonstration that millions of Americans are willing to stand up for democracy.” – Krugman
Beyond the political implications of these findings lie important economic implications as well. As competitive authoritarianism becomes a focal point of discussion, it is essential to recognize how public perception influences resistance or acceptance of prevailing political narratives.
The briefing further explores how Bitcoin’s relationship with equity markets is changing. Over the last five years, this relationship has reversed, showing a possible new trajectory for how these asset types are correlated. As the recent market volatility brought Bitcoin down a staggering 7.5% in a matter of six days, this decline is forcing analysts to reconsider its stability and its relationship to equities.
Yet economists are still arguing about inflationary pressures’ impact on business investment and consumer spending. Comments from Fed officials suggest that despite rising prices, businesses may not have greater leeway to continue increasing them indefinitely.
“That won’t fundamentally give businesses greater ability to keep raising prices.” – Fed Waller
Analysts are still scrambling to figure out what these changes will mean. The Rockefeller Morning Briefing is essential intelligence for today’s traders and investors, equipping them to anticipate market-moving influences from economic fundamentals and geopolitical developments.