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Posts by Karl Schamotta

Market Wire
Weaker Durable Goods Orders Confirm Economic Deceleration

Karl Schamotta September 25, 2020

Durable goods orders weakened more than expected last month, providing more evidence of a slowdown - and deepening the gloom that has settled over... read more

Weekly Market Digest
September 13 to September 18, 2020

Karl Schamotta September 18, 2020

NASA predicts an asteroid will narrowly miss Earth on the day before the US presidential election But that's not what has market participants... read more

Market Wire
Fed Telegraphs Low Rates Through 2023 – and Beyond

Karl Schamotta September 16, 2020

Policymakers at the Federal Reserve expect to leave interest rates near zero for at least three years, and are aiming for higher levels of inflation... read more

Market Wire
Retail Sales Momentum Slows as Pandemic Benefits Expire

Karl Schamotta September 16, 2020

American consumers increased spending in August for the fourth consecutive month, but growth decelerated sharply as enhanced employment benefits... read more

Market Wire
ECB Holds Policy, Avoids Verbal Currency Intervention

Karl Schamotta September 10, 2020

European Central Bank President Christine Lagarde carefully avoided jawboning the euro during a post-decision press conference this morning, saying... read more

Market Wire
US Unemployment Drops to 8.4% in August, but North American Job Creation Weakens

Karl Schamotta September 4, 2020

With government stimulus money running out and the coronavirus pandemic continuing to wreak economic destruction, the United States created fewer new... read more

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Karl Schamotta

Chief Market Strategist, North America

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Karl leads Cambridge’s currency research group, focused on analyzing shifts in the world economy and creating strategies that help businesses ...

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