Summing Up The Week Bad news still isn’t returning to being, well, bad news this week. After the markets saw an unbelievable rally (a one-day rise not seen in more than two years) following the Fed’s announcement that rate hikes may slow on Wednesday, the...
Summing Up The Week The market continued its rally from last week for the majority of this week on the back of cooling economic data. Now, that sounds counterintuitive, however, many analysts believe a cooling economy will mean that the Fed will take less severe...
Summing Up The Week Any hopes that the Federal Reserve was winning the war against inflation were dashed this week when the Consumer Price Index came in red-hot and JP Morgan (JPM) terrified markets with earnings that portrayed dire consequences looming for the global...
Summing Up The Week With the Fed meeting and earnings reports not starting later in July, the market was reacting to every small news event and trying to create news where there really wasn’t any, whether it was finding warning signs of recession in another...
Summing Up The Week The news remains bad when it comes to the Federal Reserve’s fight against inflation. Despite its best efforts, the combination of rising inflation indicators and weakening consumer confidence does not spell good things for the markets in the...
