-
Jackson Hole Fed Symposium 2023: What Should Investors Anticipate From Powell's Address?
Monday, August 21, 2023 - 8:43am | 534Economists and central bankers are preparing to gather at the Federal Reserve‘s scenic retreat in Jackson Hole, Wyoming. The symposium, which takes place from Aug. 24-26, will emphasize diversity in terms of region, background, and industry. This year’s theme, “Structural Shifts...
-
The Market Is Looking For A Pivot Next Year But The Fed Needs To Decide Whether To Endorse That View
Friday, August 18, 2023 - 12:55pm | 290Key Takeaway: While yields broke out to new highs this week, the bond market is still skeptical of the Fed's intentions to keep rates higher for longer. More Context: Fed funds futures are currently pricing in rate cuts after four of the eight FOMC meetings next year. Even as the Fed's...
-
September Rate Pause Odds Soar As Wall Street Economists Forecast Weaker Outlook
Tuesday, August 1, 2023 - 12:42pm | 412While Fed Chair Jerome Powell did not rule out another increase in interest rates, investors’ bets on a pause at the Federal Reserve’s September meeting surged to an 81.5% probability on Tuesday, the highest recorded thus far. The prevailing sentiment among Wall Street economists...
-
Ford School Economist Warns: Stop Forecasting 'Rate Cuts Are Coming Anytime Soon'
Thursday, July 27, 2023 - 7:04am | 927In a series of tweets on Wednesday, renowned economist and Professor at Ford School Justin Wolfers shared his insights on the Federal Reserve’s recent press conference, suggesting that future tightening of monetary policy is still very much on the table. What Happened: Wolfers argued that the...
-
FOMC Meeting Preview: Powell Faces Crucial Decision As Inflation Data Puts Fed At A Crossroads
Tuesday, July 25, 2023 - 2:28pm | 799At the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, the Federal Reserve is poised to increase the fed funds rate by 25 basis points, pushing borrowing costs to 5.25-5.5%, the highest since February 2001. While the market shows strong conviction in this rate hike, economists...
-
Will Jerome Powell Be Hawkish Or Dovish? How These 5 ETFs Could React To The Fed's Rate Decision Wednesday
Tuesday, July 25, 2023 - 12:20pm | 1602Investors are on standby for the Federal Open Market Committee (FOMC) meeting’s interest rate decision, due to be announced on Wednesday, July 26, at 2:00 p.m. ET. While the market has already fully priced in a 25-basis-point rate hike to a target range of 5.25%-5.5%, the Fed’s...
-
Bulls Encouraged By Stimulus From China, Strength In Djia, And Finally Good Earnings
Tuesday, July 25, 2023 - 11:11am | 1344To gain an edge, this is what you need to know today. Bulls Encouraged Please click here for a chart of SPDR Dow Jones Industrial Average ETF Trust (ARCA: DIA). Note the following: The chart shows that the Dow Jones Industrial Average has gone straight up in the month of July. Strength...
-
Tech Stocks Trudge, Blue Chips Set To Extend Record Winning Streak: What's Driving Markets Monday?
Monday, July 24, 2023 - 1:53pm | 1383It’s a broadly positive session for the U.S. stock market on Monday, albeit one marked by significant sectoral differences. The tech sector is experiencing flat performance at midday, while blue-chip stocks continue to surge, aiming for their eleventh consecutive positive close, a streak not...
-
Final Fed Rate Hike Looms, But Top Wall Street Analyst Predicts A Year-Long Wait Before Rate Cuts
Friday, July 21, 2023 - 12:18pm | 531A major investment bank on Wall Street predicts the Fed will stop raising interest rates after its July meeting, but cautions investors not to anticipate a rate decrease in the near future. According to Goldman Sachs, the upcoming rate hike at the Federal Reserve’s July meeting, pushing rates...
-
From Dovish Hike To Hawkish Pause
Friday, June 16, 2023 - 1:32pm | 1537Powell Pauses, But More Hikes Likely In Store As the Federal Reserve approached its latest decision, there was speculation about whether it would result in a pause, a skip, or a hold on rates. Although the announcement seemed like a skip, Fed Chair Powell advised against categorizing it in...
-
How Has The Recent FOMC Announcement Affected The S&P ($SPX)?
Friday, June 16, 2023 - 12:32pm | 333The FOMC recently took the dovish-case stance at the last meeting, pausing rate hikes for now. The market acted in kind and continued to push higher. As we head into a holiday weekend with quad-witching, it will be important to see how things settle after the post-Opex move next week....
-
Market Clubhouse Morning Memo - June 14th, 2023 (Trade Strategy For SPY, TSLA, AAPL, AMZN, NVDA, And MSFT)
Wednesday, June 14, 2023 - 10:05am | 1094Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, TSLA, AAPL, AMZN, NVDA, and MSFT. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are...
-
Economists Speak In Chorus: Fed's 15-Month Hiking Cycle Set to End in June; Markets At Risk If The Call Is Incorrect
Friday, June 9, 2023 - 10:17am | 827The majority of economists polled by Bloomberg predict the Federal Reserve will end its 15-month streak of interest rate increases in June and leave rates unchanged at 5%-5.25% until December 2023. This prediction is consistent with current market sentiment, as investors are pricing in an 80%...
-
A Market View From Happy Hour - Optimistic Expectations
Tuesday, June 6, 2023 - 6:37pm | 532A big misconception about the FED's rate raising path is that just because we've achieved their terminal rate of 5.1% does not mean that they won't continue to raise rates later in order to beat inflation. The current expectation of the FED during the FOMC meeting next week is that...
-
Nvidia (Very) Up, America's AAA Rating (Potentially) Down
Thursday, May 25, 2023 - 9:36am | 2196Brace yourselves as NVIDIA (NASDAQ: NVDA) is about to make history with one of the biggest one-day market value gains ever. Now headed for the $1 trillion market cap club. Securing its spot as the 6th most valuable public company in the world. AI is here and it’s electrifying. Market Prices...