Federal Reserve Archives - Page 5 of 180

3 minute read

Wall Street Eyes Positive June Start, GameStop Skyrockets On Renewed Meme Rally: Optimistic Analyst Sees Stocks Defying Historical ‘June Swoon’

June 3, 7:29 AM

Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.

AMC

3 minute read

Ex-Treasury Secretary Larry Summers Warns Trump’s Re-Election May Push Mortgage Rates Beyond 10%: ‘Never Been A Presidential Platform So Self-Evidently Inflationary’

By Shanthi Rexaline

June 3, 5:48 AM

Summers was among the economists who warned the Biden administration of the risk of rising inflation when it approved a massive COVID-19 relief package in 2021.

TIP

2 minute read

Tech Stocks Crumble As Wall Street’s 5-Week Rally Ends; Bonds Offer Safe Haven As Growth Worries Reemerge: What’s Driving Markets Friday?

By Piero Cingari

May 31, 1:44 PM

Bears knocked on Wall Street’s door again Friday, sending large-cap tech stocks lower despite the Fed’s favorite inflation measure meeting expectations.

BTC

2 minute read

Bank Of America Strategist Shifts To Bonds: Stock Sell-Off Prophecy On Benign Inflation Comes True

By Piero Cingari

May 31, 12:41 PM

Bank of America's chief investment strategist turns bullish on bonds, expects stock market sell-off. Advises to buy dip in bonds and sell first cut for stocks.

QQQ

4 minute read

Are Rate Cuts Imminent After Fed’s Preferred Inflation Data Holds Steady? ‘Be-Careful-What-You-Wish-For Moment’

By Piero Cingari

May 31, 11:05 AM

Slowing consumer spending could lead to lower inflation. And if the Fed "can cut slowly as a result" then that will be good for markets.

SPY

2 minute read

Fed’s Preferred Inflation Gauge Matches Estimates; Personal Income, Spending Slow More Than Predicted

By Piero Cingari

May 31, 8:43 AM

The headline inflation rate held steady at 2.7% year-on-year in April 2024, matching economist expectations.

SPY

3 minute read

Wall Street Gears Up For Strong May Finish Even As Futures Slip On Inflation Data Jitters: Analyst Predicts June Slowdown Before H2 Surge

By Shanthi Rexaline

May 31, 7:26 AM

Stocks look set to end May on a positive note, even as index futures pointed to a negative opening on Friday.

AMBA

2 minute read

Regional Banks Yet To Recover From SVB Collapse: Time To Invest In The Top Banking ETF?

By Piero Cingari

May 30, 4:53 PM

The Regional Banking ETF is down 13% since the collapse of Silicon Valley Bank in 2023, indicating investor distrust. Q1 earnings show resilience in the sector with positive revenue difference.

CCB

2 minute read

Fed’s Favorite Inflation Data Due Friday: How Could Markets React To Surprises?

By Piero Cingari

May 30, 3:09 PM

The highly anticipated PCE price index, a key measure of inflation, will be released on Friday. Investors await the data, which could impact interest rates and asset prices.

AMZN

2 minute read

Tech, Blue Chip Stocks Drop; Small Caps, Real Estate Rebound As Yields Ease; Solar Industry Shines: What’s Driving Markets Thursday?

By Piero Cingari

May 30, 1:57 PM

Wall Street experienced another decline on Thursday, with major large-cap indices affected by a downturn in the tech and communication services sectors. Investors shifted their focus to market areas that have underperformed compared to tech over the past year, such as small caps, real estate and solar stocks.