Friday, July 26, 2024

Jerome Powell Plans to ‘Aggressively’ Fight Inflation, Opens the Door to 50-Basis Point Moves

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Jerome Powell just opened the door to faster rates hikes as the Federal Reserve looks to "aggressively" fight spiraling prices. "If we conclude that it...

A Tough Slog For Banks, With a Happy Ending

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There was a day when higher interest rates lifted financials. But not anymore. Selling in the sector has been intense, with 64 of the 67...
Consumer Keeps Looking Stronger as Other Parts of the Economy Soften

Consumer Keeps Looking Stronger as Other Parts of the Economy Soften

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The U.S. consumer keeps roaring ahead, even as investors worry about President Trump's trade war against China. Consumer spending rose 4.7 percent between April and...

Goldilocks Silences Jerome Powell

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Fairy tales keep coming true in the U.S. economy. Most people know the classic story of Goldilocks describing the porridge of the Three Bears: Not...

Don’t Fight the Fed? Powell’s New Hawkishness Is Making Investors Reprice the Stock Market

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Stocks are tumbling as the Federal Reserve's tighter monetary policy forces investors to rethink the entire stock market. The S&P 500 is down 9.2 percent...

Jerome Powell Stays Dovish: What It Means for Your Money

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The Federal Reserve emphasized its commitment to low interest rates yesterday, a move with potentially big implications for investors. "There is still a long way...

Tech, Housing, Inflation: Stock Market Trends To Watch in the New Year

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The New Year begins with increased confidence that inflation and interest rates have peaked. What will that mean for the market? Here are some...

Historic Selloffs in Walmart and Target as Inflation Crushes Profit Margins

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Retailers are having a bearish week as inflation hammers major chains like Walmart and Target. The pain began on Tuesday when WMT reported sales growth...

Morning Notes Jan. 29, 2018

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Personal Income and Outlays Report was issued this morning. This report breaks out December's consumer numbers, including inflation data, from last week's fourth-quarter GDP report....

Don’s Notebook March 27, 2018

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Case-Shiller data are likely to highlight the strength of home appreciation, which is a less publicized factor behind what have been robust levels of...
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