-
Will The Federal Reserve Cut Interest Rates Below 0% This Week?
Monday, April 27, 2020 - 3:25pm | 665The Federal Open Market Committee (FOMC) will be conducting its April meeting this week as the U.S. COVID-19 economic shutdown drags on. With interest rates already essentially at zero and 11 different emergency lending programs already in place, some traders are growing concerned the Fed may...
-
How Wall Street Is Reacting To The FOMC Rate Decision
Friday, September 18, 2015 - 12:00pm | 861The Federal Open Market committee held its policy steady on Thursday by keeping the fed funds rate target range at 0.0-0.25 percent. Here is how Wall Street's top Fed experts reacted to the announcement. Credit Suisse: Debate Turns To October Meeting Dana Saporta of Credit Suisse...
-
What Is Each Fed President Saying About A Rate Hike?
Tuesday, August 25, 2015 - 11:32am | 760While global financial markets try to determine if the turmoil resulting from China’s economic weakness is enough to put a potential September Federal Reserve rate hike on hold for the time being, now is a good time to take a careful look at what 11 of the 13 Federal Reserve Bank Presidents...
-
Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
-
Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
-
7 Stocks To Watch Ahead Of This Week's Housing Market Data
Monday, May 19, 2014 - 2:52pm | 1180The U.S. stock market has been on rocky footing thus far in 2014 with equities only managing meager gains through the middle of May. The old adage is to "sell in May and go away," but nimble investors may be able to find profitable, catalyst-driven ideas in the coming week. T The major event...
-
Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
-
What Can Be Learned When The Algos Are In Charge?
Wednesday, November 13, 2013 - 11:53am | 3171The goal of this report, which can oftentimes be classified as a meandering morning market missive, is to identify the primary drivers of the stock market. To be sure, there are certainly times when the drivers of the action are actually quite easy to identify. And then there are days like Tuesday...
-
Market Wrap For November 12: Investors Continue to Speculate on the Fed's Tapering Measures
Tuesday, November 12, 2013 - 7:09pm | 1803U.S. stocks traded lower throughout the large majority of Tuesday's trading session, as investors continue to speculate on the timeline for the Fed's tapering measures. With the earnings season beginning to wind down and data on the economic front relatively sparse so far this week, traders'...
-
Federal Reserve Bank of Minneapolis President Narayana Kocherlakota Says Fed Funds Rate Will Stay Low
Wednesday, June 26, 2013 - 3:44pm | 597Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, appeared on CNBC's Squawk Box Wednesday morning to discuss Fed policy, including keeping the federal funds rate low so that unemployment can drop to under 6.5 percent. The market has taken a hit since the Fed's May 22...
-
Market Rallies Back, Fed Hawk Hints at QE
Wednesday, May 23, 2012 - 4:00pm | 149The market started the day off down significantly. The Dow Jones was down nearly 180 points earlier in the session. Then, in the second half, markets began to rally sharply into the close and went into positive territory. Stocks may have been fueled to the upside on comments coming from Federal...
-
Get Ready For QE3?
Wednesday, October 12, 2011 - 3:32pm | 1005Stocks have been rallying sharply, and bonds have been selling off in one of the most powerful rallies in some time, with the Dow Jones Industrial Average gaining more than 1,000 points in seven trading days. It has been hard to justify the reason for the move upwards, as nothing has really changed...
-
One Dissenter Down, Will The Rest Follow?
Tuesday, August 30, 2011 - 12:27pm | 206Minneapolis Federal Reserve President Narayana Kocherlakota just made some extremely interest comments in a speech, discussing his dissent at the August Federal Open Market Committee meeting. While he was one of three dissenters at the August FOMC meeting, Kocherlakota, said that he is leaving...
-
The Hawks On The Fed Are Fighting Back
Wednesday, August 17, 2011 - 2:23pm | 479Two important members of the Federal Reserve are coming out and expressing their dissent today, especially Dallas Federal Reserve President Richard Fisher. Fisher came out and made comments earlier that essentially told investors you are on your own. Fisher, towards the end of his prepared...