Brian Dolan

U.S. stocks surged on Friday after a disappointing August jobs report, which led investors to believe a rate hike out of the Fed is not a likely option for September. Although a 151,000 new jobs figure is not negligible, it still represents a deceleration in relation to the previous month....

U.S. stocks are trading slightly up on Wednesday. Minutes from July’s FOMC meeting revealed that, while some members of the Fed believe an interest rate hike should come soon, most think more information (especially regarding inflation trends) is needed, and would rather delay the decision...

Economists who had been speculating that the sluggish U.S. May jobs report was simply an outlier are feeling quite vindicated on Friday. The U.S. economy bounced back in a major way in June by adding 287,000 jobs, well above consensus expectations of 175,000. The unemployment rate rose slightly...

Brian Dolan, chief market strategist at DriveWealth, was a guest in Benzinga’s PreMarket Prep last week. Among several other issues, including the Federal Reserve and Treasury Yields, the expert went into gold. Talking about commodities and the wider market, the investor explained that oil...

The Federal Open Market Committee on Wednesday left interest rates at 0.5 percent. After trimming its growth outlook for 2016 and 2017, the Committee suggested it still has plans for two rate hikes this year, citing expectations of a recuperation in the U.S. jobs market. Following the Fed...

Janet Yellen, speaking at the World Affairs Council of Philadelphia, acknowledged the “disappointing” nature of Friday’s jobs report, but advised listeners not to place too much importance on a single, monthly economic report. Despite the “concerning” results,...

The Federal Reserve announced on Wednesday afternoon that it was, once again, leaving its benchmark interest rate unchanged. While the announcement did not add much new information, it did indicate that the FOMC is confident on the U.S. economic outlook – triggering speculation about a...

According to the University of Michigan, the Index of Consumer Sentiment hit 89.7 in April, down from 91 in March, and well below the expected 92 points. The preliminary data released on Friday suggested that consumers are not feeling as optimistic as they did last month, and neither are they as...

As 2016 started out, the direction of the US economy for the year was clearly going to be decided on the backs of US consumers. With Washington in gridlock, and in an election year to boot, there was no other viable source of dynamism to spur the economy on. As the US limped out of the 4Q and...

Friday was a big day for economic data as the latest numbers showed that the U.S. economy grew faster than expected in the fourth quarter and the U.S. consumer is healthier than previously thought. The fourth-quarter U.S. gross domestic product growth came in at 1.0 percent versus economists'...

Major markets appear to have finally turned an important corner. I say ‘finally’ because I had suggested over the past several weeks that markets had reached extreme levels and that Fed Chair Yellen’s comments last week could spark a more sustained rebound in risk assets. In...

Market Slide Reaches Extreme Levels The first three weeks of 2016 have already made market history: the largest decline on record to start a new year. Investors have been shaken and the doomsayers are getting their moment in the spotlight. In last week’s article, I argued that investors...

Brian Dolan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. The U.S. dollar will continue to lose value against other currencies over the short term, a market...

Brian Dolan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. DriveWealth Head Market Strategist Brian Dolan discussed the global economy on a recent episode of...