S&P Global Market Intelligence Senior Reporter, Global Markets. Former Platts, Capitol Crude. All opinions my own and mostly on Minnesota baseball.
New Jersey, USA
Joined July 2013
- Tweets5.4K
- Following940
- Followers7.3K
- Likes2.5K
Pinned Tweet
Mostly not here anymore, but you can find me at the other place:
@brianscheid.bsky.social
Layoffs surge in white collar jobs. Is AI to blame?
"If those trends stick in the coming months... that could be evidence in support of the theory that the economy is fundamentally changing due to new technologies," says @juliaonjobs
spglobal.com/marketintellige…
Fading rate cut expectations push US dollar even higher
"If the jobs market remains relatively robust and the Fed cuts rates less than expected, US dollar strength would almost certainly be extended" says Jane Foley w/ @Rabobank spglobal.com/marketintellige…
Short interest in materials sector rises to highest level since February 2020 spglobal.com/marketintellige…
After a month of buying, institutional investors back to selling stocks
"Institutions are adopting a more defensive position as we enter the final quarter of 2024" said Thomas McNamara, a director for Issuer Solutions w/ @SPGMarketIntel
spglobal.com/marketintellige…
Brian Scheid retweeted
"When coming out of a high inflation environment, there's always a concern — be it from investors, consumers or the Fed — that we'll face periods of reflation as monetary policy eases."
Thank you @BrianJScheid at @SPGMarketIntel!
Full story 👇
spglobal.com/marketintellige…
Mortgage rates are tumbling, but the US housing market is expected to be hindered by a lack of supply
"And you can't buy what's not for sale," says Sam Williamson w/ @FirstAm
spglobal.com/marketintellige…
US companies have slowed hiring and workers aren't quitting, a labor market trend that may not ease until interest rate cuts take root
"This is a really tough job market for job seekers," says @EconBerger
spglobal.com/marketintellige… w/ @DanielBZhao
Fed officials now see long term rates at 2.9%, the highest in 6 years. What's the risk of a new neutral?
The Fed "could be moving policy to an inappropriate target and creating a policy error" says @MJORourkeJr spglobal.com/marketintellige… #FOMC r*
Stock rally?
"The Fed is clearly looking to minimize the left tail risk of a deteriorating labor market, essentially putting a cap on the unemployment rate," @sonusvarghese "That is likely to be positive for the economy and markets over the next year."
spglobal.com/marketintellige…
"Was the 50 bps necessary? Maybe not, but it's warranted," said @KathyJones. "I think Powell saying the labor market is 'still solid' can be justified by the level of unemployment — but not by the trend in unemployment." spglobal.com/marketintellige…
From sellers to buyers: Institutional investors boost exposure to stocks ahead of Fed cuts
"With a longer investment horizon and the potential for multiple rate cuts starting in September, they might be positioning for a longer-term market upswing"
spglobal.com/marketintellige… FOMC
Brian Scheid retweeted
"Powell will likely lean on the [projections'] dot plot and macro projections to tell the main story: This is an FOMC that has turned the corner."
@macroderek's thoughts ahead of this week's meeting.
@BrianJScheid @SPGlobalPMI
spglobal.com/marketintellige…
Brian Scheid retweeted
My thoughts on what it would take to drive the market to price in MORE #Fed easing from here 👇
Thanks @BrianJScheid!
spglobal.com/marketintellige…
"The dollar will remain under broad, downside pressure until we get top-line data that confirms the US labor market is adjusting smoothly," said Elias Haddad w/ @bbh
spglobal.com/marketintellige… #USDJPY
Data Dispatch: Institutional investors dumped NVIDIA stock as it hit record high in Q2 2024 | S&P Global Market Intelligence spglobal.com/marketintellige…
Great @callieabost on how the market experts got it so wrong:
"We make a living from boosting brand awareness through media hits and TV spots. Our reach and volume — not our thorough analysis — are how our (short-term) success is measured." optimisticallie.com/p/some-t…
Brian Scheid retweeted
As central bankers prepare to meet in Jackson Hole, concerns about the health of the US labor market have supplanted fears about inflation. On the Fed's radar are regions like the Lehigh Valley, where things have cooled but no major cracks have emerged yet ft.com/content/7fb4856f-b0f3…
More than 2 years after it inverted a key portion of the Treasury yield curve is back to zero. Is a recession coming?
"There's really no good way to say what the lag is from inversion to recession, but I think the key is when the curve dis-inverts"
spglobal.com/marketintellige…
