Addressing cybersecurity successfully will be predicated on a significant psychological shift in thinking. A shift to thinking first and foremost about prevention, not cure.
We are all potentially at risk of cyberattack – directly or indirectly. When it comes to municipalities, this may not always be obvious to the average state or city taxpayer.
The US Dollar Index regained strength last week and started this week on a stable note. The dollar rose after the FOMC’s statement.
The US dollar rallied after the latest FOMC (Federal Open Market Committee) meeting statement was released on September 20.
The US Dollar Index maintained its strength and started this week on a stable note. The US Dollar Index is trading with strength early on September 21.
The bond markets are the most impacted asset class by any changes to the Federal interest rates.
In its efforts to revive the US economy from the Great Recession, the US Fed started purchasing US government-backed securities in 2008.
Slow US inflation growth has been a concern for the US Fed and was one of the key reasons that the Fed raised interest rates only twice in 2017.
After falling to multiyear low price levels, the US Dollar Index rebounded last week. The US Dollar Index started this week on a stable note.
The US bond markets (BND) turned around in the previous week as bond yields edged up higher.
After three weeks of continuous falls, US bond yields rose in the week of September 10. The benchmark ten-year US Treasury yield (BSV) rose by 10 basis points to 2.20% but remains far from the December 2016 high of 2.64%.
On September 14, the US Dollar Index was trading with weakness. At 6:40 AM EST on September 14, the US Dollar Index was trading at 92.33—a fall of 0.2%.
As per the latest JOLTS report, about 3.2 million Americans quit their jobs voluntarily last month. This is an increase of 0.1 million from the previous month.
The European bond market’s reaction to the ECB’s (European Central Bank) September 7 statement has so far been positive.
In its September 7 meeting, the ECB (European Central Bank) governing council sounded optimistic about the strong growth momentum in the EU.
Early on September 13, the US Dollar Index is trading with weakness. At 7:00 AM EST today, the US Dollar Index is trading at 91.84—a fall of 0.04%.
The US Dollar Index started this week on a stronger note. On Tuesday, the US Dollar Index started the day with strength and traded above the opening prices.
The US bond markets remained volatile last week as investors reacted to changes in the Fed and the impact that Hurricanes Harvey and Irma would have on the interest rate.
The US Dollar Index (UUP) failed to hold onto its gains from the previous week as investors were convinced that the Fed most likely wouldn’t make any changes to its monetary policy this year.
The S&P 500 Index (SPY) closed at 2,461.43 for the week ended September 8, 2017, falling 0.61% compared to the previous week’s close.