POWELL’S REMARKS WERE INTEPRETED BULLISHLY
The S & P 500 and NASDAQ were posting losses of 1.8% and 3.5% respectively before FRB Chair Powell’s reassuring remarks on inflation and growth. Powell indicated that the ...
24 February, 2021
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IT IS ALL ABOUT INTEREST RATES
The 10-year Treasury is at the highest yield in a year. Many market luminaries have defended current lofty valuations—the highest since the records achieved during the ...
19 February, 2021
THE OUTCOME OF THE FED MEETING ANNOUNCED AT 2:00 P.M.
Today is the conclusion of a two-day FOMC meeting. No change in interest rates is expected but some are speculating about a change in ...
16 December, 2020