Summing Up The Week It doesn’t matter how many times Fed Chair President Jerome Powell says interest rates will remain higher for longer, it seems that the stock market just doesn’t want to hear him. Even with the bond market screaming that the economy...
Summing Up The Week With no significant news catalysts this week, the markets remained hostage to the trickle of news events coming from the Federal Reserve Bank in the form of interviews with Fed presidents who may or may not be voting members on the FOMC depending...
Summing Up The Week The economy received its inflation “report card” this week in the form of a variety of indicators, and the grades were not good. Inflation is still running rampant everywhere. Accordingly, the markets finally gave up some of the bull...
Summing Up The Week “The stock market will humble us all, just not all at the same time.” I’ve seen this quote posted many times on Twitter by analysts I respect, and it is very true. Right now, the stock market’s moves are confounding to many,...
Summing Up The Week With the consensus being the Fed would say something hawkish and cause the stock market rally experienced since the beginning of the year to turn around, the markets exploded to the upside when Federal Reserve Chair Jerome Powell came out with,...