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A Market View From Happy Hour - Beyond The Debt Limit Crisis
Wednesday, May 24, 2023 - 6:32pm | 811There are two camps of thought as to what is going to happen with the standoff over raising the debt limit: we either move beyond this crisis, be it with a bipartisan effort or Article 14 exercise, or the US enters uncharted waters as it runs out of money to pay its bills. The latter is up for...
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May FOMC Rate Hike Preparation
Tuesday, May 2, 2023 - 3:06pm | 102In this video, we look at the upcoming Federal Open Market Committee (FOMC) meeting and what the next May rate hike (May 3rd) means for the economy and individuals. We'll discuss the potential impact on interest rates, mortgages, and investments and provide insights and strategies for...
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Calm Before The Storm? Markets Await Tech Earnings, PCE, And FOMC
Tuesday, April 25, 2023 - 1:39pm | 41997Market activity has been muted lately; investors are seemingly cautious ahead of the next FOMC meeting. Earnings season is also underway, with mixed market responses to earnings from names like Tesla (NASDAQ: TSLA), Morgan Stanley (NYSE: MS), Johnson & Johnson (NYSE: JNJ), and Procter and...
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Fed Takes Another Swing At Inflation With Second Consecutive 0.25% Rate Hike
Wednesday, March 22, 2023 - 2:14pm | 770The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday afternoon following the Federal Reserve's decision to raise rates another 0.25%, marking its ninth straight rate increase. What To Know: Wednesday's 0.25% rate hike brings the target fed funds rate to a new...
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Goldman Sachs Breaks From The Herd: What's Behind Out Consensus FOMC Interest Rate Call?
Monday, March 20, 2023 - 11:51am | 560Goldman Sachs (NYSE: GS) expects the Fed to maintain rates unchanged and take a pause in its ongoing battle against inflation at this week's meeting. The central bank will hold off on an additional hike this month in light of the rising strain in the banking system, GS economic analyst...
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Hard, Soft, Or No Landing Ahead?
Thursday, March 16, 2023 - 12:14pm | 1533Regional Bank Failures It’s been a volatile few weeks of trading in US equities, with the recent failure of Silicon Valley Bank and Signature Bank prompting sell-offs in the financial sector, followed by strong counter-trend rallies as these areas of the US stock market have become...
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China PMI Surprises To Upside
Wednesday, March 1, 2023 - 10:51am | 974Good Morning Everyone! China stuns the world with manufacturing activity expanding at the fastest pace in more than a decade in February. The Hong Kong stock index is up +4%. Maybe the economy won’t crash after all. Prices as of 4 pm EST 2/28/23; % YTD MARKET UPDATE S&P 500...
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Elon Musk Calls Out Fed For Too Much Latency In Rate Decisions Ahead Of Tuesday's Meeting: 'Problematic In A Fast-Changing World'
Tuesday, September 20, 2022 - 9:12am | 674The U.S. Federal Open Market Committee starts a two-day monetary policy meeting on Tuesday. Ahead of it, Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk took to Twitter to comment on inflation and interest rates. What Happened: Ark Invest’s Cathie Wood tweeted last week that the Biden...
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Nasdaq Futures Retreat Sharply As Investors Look Ahead To Retail Sales Data, FOMC Minutes; Apple Doesn't Budge Despite Twin Price Target Hikes
Wednesday, August 17, 2022 - 7:10am | 831The major U.S. index futures are pointing to a lower open on Wednesday following the mixed close in the previous session. At the time of going to press, the Dow Jones and S&P 500 futures were slipping 0.54% and 0.68%, respectively, and the Nasdaq 100 futures were down a steeper 0.81%. Trading...
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July Fed Meeting Preview: Economic Uncertainty May Lead To Increase In Interest Rates
Monday, July 25, 2022 - 5:52pm | 411With the upcoming Federal Reserve (FOMC) meeting on July 26-27, investors have been hawkish on economic uncertainty as the June consumer price index increased the most in any of the past 12 months by 1.3%. What To Expect: According to CBS News, economists predict there is now a higher probability...
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The FOMC Meets Tuesday: What Investors Should Know
Monday, June 13, 2022 - 4:39pm | 409As investors anxiously await the next FOMC meeting on June 14, they will be expecting another interest rate hike in an attempt to slow down inflation. Fed board members such as Loretta Mester and Lael Brainard are expecting another 50 bps increase in the both the June and July meetings, unless...
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Bitcoin, Ethereum, Dogecoin Under Pressure Ahead Of Key Fed Meeting: Is A Crypto 'Capitulation' Inevitable?
Monday, May 2, 2022 - 9:21pm | 1063Bitcoin, Ethereum and Dogecoin appeared to be under pressure at press time, as the global cryptocurrency market cap inched down 0.05% to $1.7 trillion ahead of a key policy meeting of the U.S. Federal Reserve. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO:...
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What Is The Market Pricing In For The Fed In 2019?
Tuesday, January 29, 2019 - 12:08pm | 336The vast majority of the market predicts the US policy rates to stay on hold in 2019, with some marginal part expecting a rate cut in December 2019. The market is still pricing no rate hike in 2019, despite Fed dot-plot forecasting two hikes in 2019. The FOMC is expected to stick to the newly...
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Yellen's Jackson Hole Speech Pretty Much Told The Market What It Already Knew
Monday, August 29, 2016 - 11:44am | 274Kevin Logan, HSBC Chief U.S. Economist, commented in a research report that Federal Reserve Chair Janet Yellen's speech on Friday basically told the market what is already known. Logan noted that Yellen indicated in her space that the case for a rate hike has "strengthened," but any final decision...
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Gold Consolidation Continues Ahead Of Fed Meeting
Wednesday, July 27, 2016 - 1:10pm | 327At 2 p.m. ET, the Federal Reserve is set to release its decision following this month’s meeting, but the market doesn’t seem to be expecting much. “In another era, there would be massive pressure on the FOMC to raise rates but no-one expects anything from today’s meeting,...