The outcome of the Fed meeting was largely as expected. The Committee strengthened their assessment of the economy and signaled that risks have diminished while leaving the key interest rate near zero and ...
The bond market is fearing the Fed may be falling behind the proverbial inflationary curve and it is getting ugly in the bond market. Bank America writes the selloff in the 30-year Treasury is ...
Most are searching for a catalyst for the decline in the NASDAQ. Yesterday’s prevailing reason was the Fed’s statement echoing well known COVID concerns. I ask is this not oxymoronic given that ...
I do not think it is an understatement to write the next two months might be one of the most contentious Presidential election season in decades. Drama will be great as COVID is the ...
The comparisons between 2000 and 2020 are rising exponentially. Last year the NASDAQ 100 rose 38%. In 2020 amid a raging recession and plunge in profits, the ...
Perhaps Brown Brothers Harriman put today’s market into proper perspective when the firm stated...
Gold is at the highest level in almost 8 years. Oil is almost $41 barrel. The yield curve is the steepest in over five years. Many, me included, believe a reason for the above is the result of the exponential increase in...
Data from the Federal Reserve states more companies are scared today than 2008. The Fed also writes the level of uncertainty is at a record, vastly eclipsing all other times. Moreover, almost every firm has declared the economy ...
Is the tide turning? In my view, yesterday was the first day the headlines were not entirely apocalyptic. There was an element of rationality, something that has been missing for at least three weeks.
...It is ugly!!! The S & P 500 just had its fifth worst percentage decline in history. It was the greatest percentage drop since October 19, 1987. One large trading firm commented that they have tried everything to appease ...