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Interesting week. The FOMC statement and “dot plot” were viewed as somewhat more hawkish than expected. In his press conference, it was a solid “Balanced Powell” performance. Powell stuck with his now familiar hawkish points. “We have more work to do.” “Where we’re missing is on the inflation side. And we’re missing by a lot.” […]
[Yahoo/Bloomberg] Equity Selloff Deepens as Recession Fears Grow: Markets Wrap [Reuters] Stock, bonds stung by hawkish central banks [Reuters] Oil falls, still set for weekly gain on demand hopes [AP] US recession a growing fear as Fed plans to keep rates high [Yahoo/Bloomberg] Global Recession Risks Rise as Central Banks Raise Rates [AP] US puts […]
This week we review the price movement of gold and silver, while also viewing the market reaction to the latest hawkish fed talk and action. The dollar has broken below the neck of a potential head and shoulder reversal. Thanks for listening if you enjoy be sure to subscribe to our YouTube channel for weekly […]
[Yahoo/Bloomberg] Equities Selloff Deepens as ECB Adds to Fed Gloom: Markets Wrap [Yahoo/Bloomberg] ECB Delivers Smaller Hike While Confirming Bond Retreat in March [Reuters] Bank of England raises rates to 3.5%, expects more rises to come [AP] Russia warns ‘consequences’ if US missiles sent to Ukraine [Yahoo/Bloomberg] Ukraine Latest: Russian Attacks on Infrastructure Not Letting […]
[Yahoo/Bloomberg] US Stocks Swing Before Fed’s Final Hurrah of 2022: Markets Wrap [Yahoo/Bloomberg] Oil Steadies After Two-Day Rally Ahead of Fed Rate Decision [AP] Fed set to extend inflation fight with 7th rate hike of 2022 [Reuters] Fed set to slow pace of rate hikes as inflation Grinch loses steam [CNBC] Mortgage demand inches higher […]
When will the Central Bank Digital Currency be introduced? Where can we place our economic faith right now? Does government debt matter when interest rates are still low? Your Questions Answered Part 1 December 14, 2022 “While rates are historically low, the debt is significantly greater today, which magnifies each incremental move higher in interest […]
[Yahoo/Bloomberg] Stocks Soar, Bonds Rally After CPI Data: Markets Wrap [Yahoo/Bloomberg] Oil Extends Gains as China Signals Further Easing of Covid Rules [CNBC] Consumer prices rose less than expected in November, up 7.1% from a year ago [Reuters] U.S. small-business sentiment rises in November -NFIB [Reuters] Food inflation: Tight grain, oilseed supplies to keep prices […]
[Yahoo/Bloomberg] US Stocks Rise With Central-Bank Moves in Focus: Markets Wrap [Yahoo/Bloomberg] China Stocks Slide as Traders Take Profit After Sharp Recent Run [Reuters] Dollar eases, but inflation outlook stays high on investors’ radar [Yahoo/Bloomberg] Oil Drops Below $71 as Traders Weigh Growth Outlook, Keystone [Reuters] Exclusive: U.S. Justice Dept is split over charging Binance […]
