pivot

Fed pivot, Walmart earnings, FTX bankruptcy - what

Fed Pivot, Walmart Earnings, FTX Bankruptcy – What Moves Markets By Investing.com

© Reuters By Geoffrey Smith Investing.com — Federal Reserve Vice Chairman Lael Brainard believes the Fed may start easing rate hikes “soon.” U.S. producer price data for October and Walmart revenue could shed some light on when that might be. Chinese industry and retail sales weakened markedly in October, sending a fresh headwind to crude …

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The 'political pivot' may not be bullish - RIA

The ‘political pivot’ may not be bullish – RIA

Since June, the market has rallied on the expectation of a “political pivot” by the Federal Reserve. However, those hopes were dashed each time when Jerome Powell clarified that the “fight against inflation” remained the main objective. Mr. Powell made this point clear after the latest FOMC announcement. “The question of when to moderate the …

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