What Are We Rooting For?
On Tuesday, the stock market sold off on fears of a hard landing. On Wednesday, the market rallied on better-than-expected earnings reports…
On Tuesday, the stock market sold off on fears of a hard landing. On Wednesday, the market rallied on better-than-expected earnings reports…
Stock prices rebounded solidly from yesterday's selloff. Better-than-expected news from Nike and FedEx helped reduce fears of a hard landing…
Santa is on his back foot. Fed Chair Powell's presser was hawkish last Wednesday. Thursday's batch of economic…
We now have analysts' consensus estimates for the operating earnings per share of the S&P 500 through the December…
Increasing market concern about a recession next year and triple-witching on Friday caused the S&P 500 to close out the…
There's certainly lots of pessimism about 2023. That's the bad news. We certainly aren't as pessimistic…
Last Tuesday's good CPI news wasn't good enough according to Fed Chair Jerome Powell. In his Wednesday presser,…
Yesterday, Fed Chair Jerome Powell was more hawkish than expected. He reiterated that the Fed needs to be more restrictive to moderate…
The FOMC provided its latest Summary of Economic Projections (SEP) today after the committee announced a 50bps rate hike to a range…
Stock prices soared this morning on November's better-than-expected inflation news, but gave back much of the gain as investors realized…
A few choice negative words about consumer spending prospects from a few high-profile bank CEOs tripped up the S&P 500…
All we want for Christmas is a lower-than-expected November CPI (Tue.) and a less hawkish press conference (Wed.) by Fed Chair Jerome…