Geopolitics Alpha

Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More

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Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More

Former Atlanta Fed President says the Fed Cannot Take Anchored inflation For Granted

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase-5.5% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-15.0% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+5.1% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-1.74%-0.40%baseafter closeafter closeafter closeafter close
IEF-0.97%-0.07%baseafter closeafter closeafter closeafter close
USONo price data for this ticker———————
TIPNo price data for this ticker———————
JPM-0.20%-1.26%baseafter closeafter closeafter closeafter close
BAC+0.28%-0.24%baseafter closeafter closeafter closeafter close
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More Kathleen Hays Presents: Central Bank Central

Source: Kathleen Hays Presents: Central Bank Central

Energy

CompanyWhenMoveStatus
BACthree days earlier-0.24%final price
BACfive days earlier+0.28%final price
IEFthree days earlier-0.07%final price
IEFfive days earlier-0.97%final price
JPMthree days earlier-1.26%final price
JPMfive days earlier-0.20%final price
TLTthree days earlier-0.40%final price
TLTfive days earlier-1.74%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Lockhart Sees Fed Rate Hikes in December and 1Q, Risk Rising Oil Prices Lead to More” scores 12 out of 100. The score uses 1 sources.