Category Archives: Investment Products

BNY Mellon Capital Market – Weekly Market Commentary

For once, the consensus got it right and the Fed tapered quantitative easing (QE) by an additional $10 billion while maintaining its low for longer message. The Fed also upgraded its assessment of the economy, pledged to keep rates low … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

We, and practically everyone else that had expected a tapering this year, have capitulated following the disappointing employment report this week. Despite the delay of the report, we feel that it can be viewed as an accurate reflection of the … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

The government did not default; not that anyone in market expected that event. There was certainly stress in the bill market, especially the very short bill market, even though a worst case scenario pointed to a few days delay in … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

We enter week two of the government shutdown with seemingly little progress in resolving either the budget or debt ceiling impasse. We will say that we are somewhat encouraged that both of these issues have been put on the same … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

Please note that this was originally distributed on September 30th. The prospects of a government shutdown loom large and the odds are increasing as we get closer to tonight’s deadline. We won’t speculate on politician’s desire to avert a shutdown, … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

Marvin Loh – Managing Director, BNY Mellon Capital Markets, LLC It’s been a week since the “surprise” Fed move that we did not necessarily find overly surprising. Given that many asset classes were trending higher going into the late taper … Continue reading

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Pershing Education and Development Series

Pershing’s Education and Development Series is a curriculum-based program designed to help you grow your business, offering insights from leading industry authorities and Pershing subject-matter experts on practice management, investment solutions and flexible technology. Join us for our September webcasts, which … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

The FOMC has spoken and for the moment they are standing pat. While the market was expecting a $10-$15 billion reduction along with a generally dovish commentary, it got no tapering and a generally dovish commentary. For the moment rates … Continue reading

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Fixed Income Market Commentary Call

Wednesday, September 18, 2013 4:15 p.m.–5:00 p.m. (ET) Please join us on Wednesday, September 18 to hear a fixed income market update and thoughts on the year ahead. Moderator >  Michael Clark, Vice President, Pershing, a BNY Mellon company Fixed … Continue reading

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BNY Mellon Capital Markets, LLC Weekly Market Commentary

Yields are generally lower over the past week, as flaring geopolitical concerns gave treasuries a flight to quality bid. The list of these concerns is long, including Syria, Egypt, the emerging markets, and a weak set of economic data points. … Continue reading

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