Summing Up The Week As has become the norm during a week with a Federal Reserve meeting, the markets traded relatively flat to down before Wednesday’s Fed announcement of its new interest rate hike and plans for the future of its fight against inflation. Naturally,...
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 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...
Summing Up The Week HAPPY 4TH BIRTHDAY TO GET IRKED! Can you believe that it’s been FOUR years since I started the Get Irked website?! Back then, it was just a young, fledgling investing website figuring out its way. Now, it’s an… older, fledgling...
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...