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GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST
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Wealth 101
July 11, 2024
Powell’s ever so subtle wink-wink on rate cuts
Stocks rose yesterday because Powell signaled that he was ready for a well-earned vacation. Traders look to today’s CPI release for confirmation that the edge of the woods is near.
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July 10, 2024
A picture is worth a thousand words
Stocks inched higher yesterday with a not-so-scary testimony from Jerome Powell. The guy wants more proof, but he likes what he is seeing – same story different words.
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July 9, 2024
Your portfolio and the polls – Presidents and profits
Stocks rallied to fresh highs yesterday as investors prepared for 2 days of Jay Powell talk on The Hill. Investors are hoping to see a softer side of the Fed Chair as he answers to lawmakers.
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July 8, 2024
Mother nature versus Federal Reserve
Stocks closed at fresh highs on Friday after monthly payrolls data hinted at a slowdown in the labor market. Traders are keeping Presidential politics in their peripheral vision as things heat up behind closed doors.
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July 5, 2024
Which way is out?
Stocks gained in Wednesday’s abbreviated session on weaker-than-expected economic numbers. Traders are eyeing politics carefully, skeptically, wondering when bets may be placed on November’s results.
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July 3, 2024
Dangerous traffic patterns require safe driving skills
Stocks hit new highs yesterday on the hint of a hint of a friendlier Fed from Chair Powell. Job Openings gained in May according to the latest JOLTS release.
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July 2, 2024
What’s happening with “stocks”
Stocks posted gains yesterday supported by tech heavyweights amongst confusion around what the controversial Supreme Court decision and a possible Trump presidency 2.0 would mean for the markets. US manufacturing falls further into contraction territory according to latest ISM figures.
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