Summing Up The Week While a brief yet substantial relief rally kicked off the week on the back of hopes that Australia’s Central Bank may be pivoting as it reduced the rate hike expected by analysts, the rally was stalled throughout the rest of the week on the...
Summing Up The Week The seasonal volatility continued this week with markets whipsawing up and down on any news story, good or bad. Between the ongoing Russian invasion of Ukraine, crazy economic policies by a newbie government in Britain, and mixed inflation data...
Summing Up The Week Almost everyone in the professional space believed that this week’s inflation reading would come in better than expected, so when the report came in hot, the markets lost an entire week’s worth of progress in a matter of minutes....
Summing Up The Week The holiday-shortened week meant that the stock market didn’t entirely return to normal this week as some of the investment professionals choose to wait until next week to return to work full-time from summer vacations. Regardless, trading...
Summing Up The Week The markets were left reeling after Federal Reserve Chairman Jerome Powell’s hawkish speech from Jackson Hole last week. And the news didn’t get any easier this week, either. Jobs data showed strength and a strong labor market means...
