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S&P 500 Rips After Fed Decision, Option Traders Close Long Puts
Wednesday, December 15, 2021 - 5:58pm | 520The Federal Open Market Committee (FOMC) just released its December rate decision, leaving rates unchanged but voting for three rate increases in 2022. What Happened: Option traders had been buying short-dated protection via long puts earlier this week on Monday and Tuesday, which caused...
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Here's How Stocks Have Performed Under Fed Chair Jerome Powell, So Far
Tuesday, November 30, 2021 - 5:07pm | 467For investors who took a break from the market during Thanksgiving week, one of the biggest Wall Street headlines they may have missed was U.S. President Joe Biden’s decision to renominate Federal Reserve Chairman Jerome Powell for a second term in the position as the Fed begins its post...
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Stocks Rise After Biden Nominates Powell For 2nd Term As Fed Chair
Monday, November 22, 2021 - 10:55am | 393The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% on Monday morning after U.S. President Joe Biden announced Federal Reserve Chairman Jerome Powell will likely serve a second term. What Happened? Biden announced he will be renominating Powell for a second term as Fed chair and...
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Fed: Singing The Inflation Blues
Wednesday, October 6, 2021 - 3:38pm | 162366With inflation surging and Powell praying for a “transitory” miracle, the troubles confronting the Fed are accelerating, not decelerating. “I got the blues, Got those inflation blues” -- B.B. King To explain, I wrote on Sep. 24: I’ve warned on several occasions that...
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What's The Buzz Around the Fed? TAPER TIME
Monday, August 23, 2021 - 1:45pm | 374For well over eighteen months the Federal Reserve has provided a needed backstop of liquidity so massive that it would seem unbelievable if our economy would never recover. That accomodation has happened by way of extreme bond purchases to the tune of 'at least' 120 billion a month...
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Gold Is A Natural Hedge Against Bad Fed Policy
Thursday, July 1, 2021 - 12:13pm | 671Gold doesn’t get any respect for its core attribute. Some investors think of gold as an inflation hedge because it has maintained its purchasing power over time. Others seem to think that gold is some type of hedge against a stock market crash. Yet gold doesn’t...
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Survey: Hedge Fund Managers Aren't Worried About Inflation
Tuesday, June 15, 2021 - 1:44pm | 521Investors are eagerly anticipating the U.S. Federal Reserve’s updated economic projections expected out Wednesday. Inflation is at the forefront of many investors minds at the moment, but the latest global hedge fund manager survey from Bank of America suggests fund managers aren’t...
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The Fed Meeting & ECB QE: What Should Be Expected?
Wednesday, September 17, 2014 - 9:16am | 469This week, the world will discover the outcome of two very critical financial events: (1) what the FOMC will do with its decision on raising rates, and (2) the details of the ECB QE-EuroStyle action on Thursday when the central bank is expected to dish out cash on the cheap to banks for long...
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Bill Gross Takes a More Bearish Tone on the Economy
Thursday, September 5, 2013 - 8:35am | 615If you’re unfamiliar with the name, Bill Gross is the co-founder of PIMCO, one of the largest fixed income managers in the world with more than $2 trillion in assets under management. Gross is known as “The Bond King” and is worth about $2 billion. But Gross lives in the bond...
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Sell in May and Go Away: Is the Market Primed for Possible Downturn?
Monday, April 25, 2011 - 1:07pm | 275There is an old saying on Wall Street: Sell in May and go away. It refers to the tendency of stocks to perform better during the November through April portion of the year, and not as well during the May through October chunk of the calendar. This year, the adage might hold even more sway, as...