Who or ‘What’ Has the Last Say in the Markets? Ask Delta?
As the Federal Reserve looks to employment data for tapering guidance, it’s becoming more evident that the Delta variant may throw a wrench into the monetary debate. Ticker Tape by TradingView Remember that sensation you get when riding a rollercoaster that’s about to go into its first drop, the one that gives you that […]
Neither Tapering Nor Heights Deter Market Bulls from Advancing
The broader market advances in response to news that the Federal Reserve’s $120 billion monthly bond purchases printing presses are likely to end this year. Did you see the market action following Fed chair Jay Powell’s opening speech at the Jackson Hole conference? Ticker Tape by TradingView Dow futures (YM) shot up toward weekly highs […]
Markets Sell Off as Global Growth Prospects Dim
Ticker Tape by TradingView It seems as if everywhere you look on the economic front, the writing is on the wall: growth expectations have fallen across the markets. Last week’s tumultuous and chaotic price action reveals how investors are trying to negotiate this sobering potentiality. Yet, the market remains relentless in its resilience. Last week’s […]
A Three-Prong Threat: Inflation, Delta, and Monetary Uncertainty
Ticker Tape by TradingView Consumer sentiment sinks well below the expected level as fears of inflation, a delta variant surge, and (non-)responsive monetary policy dampen the economic horizon and widen, even further, the division between Wall Street and Main Street. To some investors and traders, the Russell 2000 merely represents “small cap” stocks; a volatile […]
The Good, The Bad, and The Ugly
The S&P 500 jumps to another record high boosted by a strong jobs report. But what investors are not seeing in the numbers often matters more than what the numbers actually reveal. The good news is that the US economy added 943,000 jobs in July, slightly above the 900k third-party consensus. The hiring blitz made […]
It’s Pedal to the Metal as Easy Money Defies Surging Inflation
US Federal Reserve chief Jay Powell made it clear in his commentary after last week’s FOMC rate decision that the Fed is nowhere near considering a rate hike any time soon. Powell said, “We have not reached substantial further progress yet,” indicating that interest rate suppression and asset purchases will continue as planned despite the CPI and […]
