Federal Reserve Critical Meet On Wednesday: Will Powell Signal Rate Cuts For H1 2024?
The final policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are.
‘Rich Dad Poor Dad’ Author Robert Kiyosaki Flashes Fresh Warning About 401ks And IRAs Funds Going Up In Smoke: ‘The S&P Is Next’
Robert Kiyosaki, who has authored the best-selling personal finance book “Rich Dad, Poor Dad,” sounded a stark warning regarding the equity market on Sunday.
Stock Market Inches Higher, AI Race Heats Up, Jamie Dimon Slams Bitcoin: The Week In The Markets
U.S. stock market managed to close its sixth straight week of gains, with S&P 500 at highest level since January 2022.
Economic Crossroads: Stock Market Reacts To U.S. Jobs Report, Fueling Speculation On Future Rate Cuts
The SPDR S&P 500 (NYSE: SPY) popped up about 0.5% higher at one point Friday, despite U.S.
US Stocks Reacts To Upbeat Economic Data, Dollar Rebounds As Yields Surge: What’s Driving Markets Friday?
Wall Street extended its gains on Friday as better-than-anticipated economic data alleviated concerns of an impending economic slowdown.
Gas Poised To Fall Below $3 A Gallon: But Spare A Thought For The Heavily-Priced Europeans
Gas prices for U.S. motorists have fallen to levels not seen since the Covid-19 pandemic.
UAW’s Return To Work Pushes US Jobs Growth Higher, But Dark Clouds Hover Over Retail Sector
Nearly a quarter of the 199,000 jobs added in November were due to returning UAW strikers. Here's a deeper dive into the numbers.
US Consumer Sentiment Sharply Rebounds In December, Up 16.1% Year-Over Year; Inflation Expectations Decline
In December 2023, consumer sentiment index rose to 69.4, significantly exceeding economists' expectations and resulting in U.S. stock market gains of up to 1.3%.
Index Futures Fall, Dollar Rallies As Labor Market Strength Dampens Fed Rate Cut Speculation
U.S. equity futures take a sharp downturn after unexpected strength in labor market, with traders questioning aggressive rate cut bets & traders adjusting expectations for a Fed rate cut in March 2024 to 49% chance.
November Jobs Report Outruns Expectations, Unemployment Drops, Jeopardizing Rate Cut Bets
This latest jobs report could potentially jeopardize aggressive market bets on a wave of Federal Reserve interest rate cuts in 2024 that are driven by concerns about an economic slowdown.