Summing Up The Week As if the week didn’t have enough ahead of it with all of the earnings reports and the Fed Meeting, a little-known Chinese startup called DeepSeek kicked off the week by terrifying the entire market. DeepSeek made everyone think China had...
Summing Up The Week While the Federal Reserve prefers to look at the Personal Core Expenditures (PCE) index as a gauge of inflation, the rest of the market also pays attention to the Producer Price Index (PPI) and Consumer Price Index (CPI) with the latter taking more...
Summing Up The Week A series of datapoints that could indicate inflation is returning combined with the unexpected shortened trading week out of respect for the passing of President Jimmy Carter did nothing to help with the market’s newfound volatility....
Summing Up The Week Santa failed to show up for the rally this year. Typically, the last 3-5 trading days of one year and the first 2 trading days of the new year see stocks float higher, thus where the rally got its nickname, but, man, what a depressing couple of...
Summing Up The Week Even after the sudden scare provided by Federal Reserve Chairman Jerome Powell’s hawkish commentary, the seasonal “Santa Claus Rally” appeared to carry the stock market higher ahead of the holiday as investors and traders added to...
Summing Up The Week If you’ve read my blog from the beginning, you’ll remember I started Get Irked in August 2018. Little did I know what an exciting Christmas Eve we’d have back then. Then-President Donald Trump appointed Jerome Powell as Federal...
