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Rate debate. Stocks had a wild ride yesterday, closing mixed as traders responded to the prior day’s hawkish Fed announcement. Weekly first time unemployment claims rose for the first time in 6 weeks, indicating that we may not be out of the woods just yet. N O T E W O R T H Y…
It has become one of the most feared things in not only the American zeitgeist, but throughout the world as well. Earlier in history it was the spark that ignited social unrest, war, and even some high profile beheadings. I am referring to none other than price inflation. More recently, say the last 6 months,…
Tough love. Stocks tumbled yesterday in response to a more hawkish than expected rate forecast from the Fed. Fed forecasts suggest that rates will rise higher and sooner than previous releases, suggesting that the bankers are sensitive to the hot-running economy. N O T E W O R T H Y Dotted future. In yesterday’s…
Thin ice. Stocks ended yesterday’s session lower as investors pondered weaker-than-expected retail sales figures. The Fed meeting, which will conclude today, was on everyone’s mind, and traders appear to be preparing for the worst. N O T E W O R T H Y Seeing dots before my eyes. You take your spot on the stage….
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