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History will be the judge. This period will be examined, analyzed, discussed, and debated for at least the next century. My task after a week like this is to provide some facts and contemporaneous analysis to help future analysts and historians foil the revisionists. Bloomberg: “Powell Pivots on Rates Toward a Happy New Year.” WSJ: […]
[Yahoo/Bloomberg] S&P Poised for Seventh Weekly Gain on Pivot Fervor: Markets Wrap [Reuters] Dollar feels the heat as Fed’s dovish pivot weighs [Yahoo/Bloomberg] Oil Set for First Weekly Gain Since October on Fed Relief Rally [Reuters] Morning Bid: Fed’s ‘buy everything’ party roars on [Reuters] Attacks from Houthi-conrolled Yemen hit two ships-U.S. official [CNBC] Fed’s […]
In a twist that caught the market off guard, the Federal Reserve delivered a dovish surprise on Wednesday. While the Federal Open Market Committee (FOMC) chose to maintain interest rates, both the committee and Fed Chairman Jerome Powell shifted away from their previously hawkish stance on monetary policy, hinting at potential future interest rate cuts. […]
[Yahoo/Bloomberg] Dovish Fed Spurs Stock, Bond Rally on Easing Bets: Markets Wrap [Yahoo/Bloomberg] Dollar Drops to Weakest Since August as Traders Eye Fed Pivot [Yahoo/Bloomberg] Treasuries 10-Year Yield Falls Below 4% as Fed Sees Rate Cuts [Yahoo/Bloomberg] Credit Rally Extends on Dovish Fed With Spreads at 22-Month Low [Yahoo/Bloomberg] Oil Rises From Lowest Since June […]
[Yahoo/Bloomberg] Stocks Are Steady in Pre-Fed Caution; Tesla Slips: Markets Wrap [Reuters] Oil prices hold near six-month lows [Yahoo/Bloomberg] Bond Market’s Big Rate-Cut Wager Faces a Reckoning From the Fed [Reuters] US budget deficit hits record high for November on interest costs [AP] Federal Reserve may shed light on prospects for rate cuts in 2024 […]
Morgan Lewis Explains What He Looks For In A Gold Stock Fiscal Crises Plus Inflation Would Be Catastrophe Send Questions For Q&A Programs To [email protected] “The last real cycle in 2008 through 2011, silver was the leader. We had distinct outperformance in physical silver. My bet would be that this time it’ll be in the […]
[Yahoo/Bloomberg] Stocks Waver, Bond Yields Drop After CPI: Markets Wrap [Yahoo/Bloomberg] Oil Slips as Oversupply Concerns Offset Production Curbs [Reuters] US consumer prices unexpectedly rise in November [CNBC] Consumer prices rose 0.1% in November from the prior month [Reuters] US small business sentiment falls slightly, NFIB says [Reuters] In the Market: Wall Street eyes waning […]
[Yahoo/Bloomberg] Stocks Make Cautious Start to Event-Packed Week: Markets Wrap [Yahoo/Bloomberg] Oil Extends Longest Decline in Five Years on Oversupply Fears [Reuters] Israel presses ahead in battle against Hamas in southern Gaza [AP] Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts [Reuters] Bond investors brace for Fed pushback […]
