5 things to know before the stock market opens Tuesday, June 21

5 things to know before the stock market opens Tuesday, June 21

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce after S&P 500’s worst seek since 2020 The sign for Wall Street is seen with US flags outside the New York Stock Exchange. Yuki Iwamura | Afp | Getty Images Dow futures … Read more

After another big weekly loss, assessing whether stocks are cheap and a buying opportunity is near

After another big weekly loss, assessing whether stocks are cheap and a buying opportunity is near

Stocks are emphatically on sale, but are they cheap? Markdowns are not always the same as bargains. Much depends on the original price and quality of the goods. And even with last week’s price drops on Wall Street, it’s tough to say yet that the market is broadly cheap. But value seems to be emerging … Read more

Here are three things the Fed’s done wrong, and what’s still not right

Here are three things the Fed’s done wrong, and what’s still not right

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, June 14, 2022. Sarah Silbiger | Reuters After years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of inflation and away from … Read more

Fed’s aggressive rate hikes raise likelihood of a recession

Fed’s aggressive rate hikes raise likelihood of a recession

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession. A worse-than-expected … Read more

A day after Powell’s assurances, markets are worried something breaks

A day after Powell’s assurances, markets are worried something breaks

Federal Reserve Chairman Jerome Powell’s insistence that the central bank is not deliberately trying to cause a recession and that the economy is on solid footing is exactly what someone in his position would be expected to say. The trouble is, the Fed’s likely to get a recession anyway as data shows the economy is … Read more

Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994

Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994

The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994. Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of … Read more

Markets are now bracing for the possibility of bigger Fed interest rate hikes ahead

Markets are now bracing for the possibility of bigger Fed interest rate hikes ahead

As inflation climbs to new 40-year highs, expectations for interest rate increases from the Federal Reserve are escalating as well. With the rate-setting Federal Open Market Committee scheduled to hold a policy meeting this week, markets are ramping up their bets on the way things will go, particularly in the months ahead. There’s still about … Read more

Bitcoin Braces For More Hawkish News From The Federal Reserve Today

Bitcoin Braces For More Hawkish News From The Federal Reserve Today

Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, May 4, 2022. The Federal Reserve today raised interest rates by the steepest increase since 2000 and decided to start shrinking its massive balance sheet. Photographer: Al Drago … Read more

Bitcoin Brings Maximum Pain for Globalists

Bitcoin Brings Maximum Pain for Globalists

Watch This Episode On YouTube or Rumble Listen To The Episode Here: In this episode of the “Fed Watch” podcast, due to popular demand, I welcome Tom Luongo back on the show! Luongo is one of my favorite writers due to his entertaining prose and deeply refreshing insight on global macro, geopolitics and currency markets. … Read more

5 things to know before the stock market opens Wednesday, May 18

5 things to know before the stock market opens Wednesday, May 18

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as inflation claims another retailer Traders on the floor of the NYSE, May 17, 2022. Source: NYSE US stock futures dropped Wednesday as rising inflation slammed another retailer. Target sank 24% in the premarket, … Read more