Summing Up The Week This week defined whipsaw action, kicking off when the Bank of Japan widened its bond yield, a move the country’s central bank hasn’t done in decades. Then, Nike (NKE) and FedEx (FDX) reported good quarters Tuesday evening to make...
Summing Up The Week The markets flew into the week with far too much bullish optimism only to have that hopeful outlook sliced and diced by a very hawkish Federal Reserve on Wednesday and weak economic figures later in the week. Let’s take a look at the news...