Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
A bullish day is looming for equities after more upbeat inflation news as producer prices fell more than expected. That’s when the clock ticks down to Wednesday’s retail sales report. But while some investors cling to hope that last week’s stock run started with last week’s weaker CPI inflation report, Wall Street remains wary, with …
Federal Reserve Governor Christopher Waller and several strategists said last week’s weaker-than-expected October CPI, which sent the S&P 500 to its best level in five months, was overblown. His words could be heard as stock futures point to a softer start in the last full week before the start of Thanksgiving. We will also have …
