FOMC Meeting This Week
After dialing back expectations for 2024 Federal Reserve interest rate cuts substantially since the start of the year, markets will get an update of Fed thinking when the Committee refreshes its
After dialing back expectations for 2024 Federal Reserve interest rate cuts substantially since the start of the year, markets will get an update of Fed thinking when the Committee refreshes its
Bloomberg quantified the obvious. It wrote “inexpensive stocks are historically cheap, trading near their deepest discounts in the past two decades, when inspecting bottom line valuations against metrics like
Markets were relatively quiet yesterday ahead of today’s release of February’s CPI. Analysts are expecting prices to rise nominally from last month. The overall and core rate are expected to
As largely expected, the State of the Union Address (SOTU) was a non-event. Bloomberg writes “President Biden sought to breathe new life into his reelection match delivering a spirted and
Day one of FRB Chair Powell’s congressional testimony about the state of the economy and monetary policy was largely a nonevent. Powell reiterated the message he delivered in
Wall Street always names eras. A recent Bloomberg comment was “for all the attention lavished upon the Magnificent Seven and the top heavy drivers of equity returns recently, it may be
Goldman Sach’s opined “This Time is different,” explaining the unrelenting advance in the indices, fueled by a small group of supercharged technology stocks. Such statements are
Revised fourth quarter GDP was largely viewed as a nonevent. Growth was nominally lower than expected given the downward revision in inventories. Consumer and investment spending however was
Are there major changes at hand? BlackRock, which capitalized on a decades long boom in index investing, said investors should rely more heavily on
The NASDAQ surged over 3% on NVDA’s strong earnings reports and forward-looking guidance. According to Bloomberg NVDA added about $277 billion to its market capitalization, the