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Fed Day

Episode 4 of FOMC Season 2019 airs this morning 11pm PST and it looks like the Fed is backed into a corner. A failure now to suggest a rate cut later this year – or a pivot back to even a neutral stance – could cause a violent selloff by markets, but if...

Rates Fall

Stocks rose slightly on Monday, led by gains in tech, as investors looked ahead to a crucial Federal Reserve meeting this week. While other economic signs may be weakening, Americans are still confident about their job prospects. A recent New York Federal Reserve...

Fed Week

Wall Street futures suggest modest gains at the open as investors adopt a cautious stance on risk heading into this week’s Fed gathering. While market expectations point to an interest rate cut this year, most observers expect rates to stay unchanged at this...

Flag Day!

U.S. stocks rose yesterday as investors mostly shrugged off a spate of geopolitical concerns. Meanwhile, oil prices reversed steep declines earlier this week amid reports of a suspected attack on tankers in the Gulf of Oman. The number of people who applied for...

Facebook emails

Stocks fell for a second day yesterday, pressured by declines in tech and bank shares, pausing a sharp rally to start off the month of June. Falling gasoline and used-vehicle prices held inflation in check in May and inflation pressures more broadly eased again,...

Starting Down

US Stocks traded lower yesterday to break a 6-day winning streak as investors digest more signs of growing global economic stimulus. The index of small-business optimism from the National Federation of Independent Business rose to 105.0 in May.  Six of ten survey...