For the Week: The S&P500 rallied 4.3% (down 13.3% y-t-d), and the Dow rose 3.0% (down 9.6%). The Utilities surged 6.4% (up 2.4%). The Banks gained 2.1% [...]
[AP] Wildfires in West explode in size amid hot, windy conditions [Yahoo/Bloomberg] Bank of England Set to Accelerate Its Inflation Fight: Eco Week [CNN] [...]
Mr. Market Found His Enemy—In the Mirror Due to travel associated with a conference this week, HAI will offer weekly prices and just some brief thoughts on [...]
[AP] Inflation and wage data suggest US prices will keep climbing [Reuters] Fed’s aggressive rate-hike path bolstered by new inflation, wage data [CNBC] [...]
[Yahoo/Bloomberg] Stocks Rally on Earnings, Fed Outlook; Yen Up: Markets Wrap [Reuters] Shares rally as markets bet on more gradual rate hikes [Reuters] Oil [...]
This week we recap the FOMC meeting and how it impacted gold, silver, the dollar, the S&P, and more. How Do Economists Determine Whether the Economy Is in [...]
[Yahoo/Bloomberg] Stocks Waver After GDP; Earnings in Focus: Markets Wrap [Yahoo/Bloomberg] Yen Roars Back as Hedge Funds Cut and Run From Big Macro Short [...]
[Yahoo/Bloomberg] Stocks Rise on Earnings Amid Countdown to Fed: Markets Wrap [Yahoo/Bloomberg] Oil Climbs as US Crude Stockpiles Shrink Ahead of Fed Decision [...]
Can China survive when the debts cannot be paid? Interest rates spike worldwide while Japan fights against hope to keep rates down Dollar and gold rise as [...]
[Yahoo/Bloomberg] Stocks Drop Before Fed; Energy Up as EU Cuts Deal: Markets Wrap [Reuters] Oil rises for a second day on supply tightness concerns [...]
[Yahoo/Bloomberg] Stocks Rise as Investors Look to Earnings, Fed: Markets Wrap [Reuters] Stocks climb as traders look to earnings to counter downturn fears [...]
[Yahoo/Bloomberg] US Growth Is Looking Sickly as Fed Keeps Hiking Rates: Eco Week [Reuters] Ukraine works to resume grain exports, flags Russian strikes as [...]
Good News/Bad News—But Not In Equal Measure This was another eventful week in markets. Overall, stocks continued to push higher in an ongoing bear market [...]
[CNBC] Markets face what could be the most important week of summer with Fed, earnings and economic data [Reuters] Wall Street Week Ahead: Strong dollar looms [...]
First vacation in a while, so coverage will be spotty for the next week or so. And I’ll try to finish up this week’s CBB news story extracts when I [...]