Market Overview

Well, the Fed is done raising interest rates. They aren’t quite done tightening yet, because the Federal Reserve is going to continue to shrink its balance sheet slowly. That’s...

(Thursday market open) Regional banks, along with the rest of the market, are back under pressure this morning after the latest Federal Reserve rate hike. Shares of PacWest Bancorp (NASDAQ:PACW),...

The Federal Reserve raised interest rates for a 10th straight time on Wednesday, lifting its target by a 1/4-point to a 5.0%-to-5.25% range, the highest since 2007. But there are hints that the...

Fed hikes by 25bps, but turns data dependentDollar extends slide as investors price in a June pauseECB to hike by 25bps as well, focus could fall on LagardeWall Street and oil prices slide, gold...

Most likely, this was the last Fed hike of this tightening cycle.Even before the press conference, the omission of the key sentence ‘’some additional policy firming may be...

Some economists/analysts argue that the government creates wealth in the private sector via deficit-spending. From an accounting perspective they are right, in that when the government borrows and...

To preface, I have no right to be right about the markets. All I have are indications that the herds either don’t know about or don’t care about (I know this by relative Twitter...

(Wednesday market open) For the second straight meeting, the Federal Open Market Committee (FOMC) arrives at an interest rate decision today just as the market gets jittery over small banks.Regional...

US debt default and banking sector concerns hurt the dollarFed to hike, focus to fall on forward guidanceWall Street in defensive mode ahead of FedDollar slides on debt ceiling and banking sector...

Make no mistake about it; this week's Fed meeting is the primary focal point for market participants. And from my seat, the outcome and/or the "tone" of Jay Powell's press conference is likely to...

(Tuesday market open) Cue up the Jeopardy theme music as the entire market waits for tomorrow’s Federal Open Market Committee (FOMC) rate decision.Beyond that, there’s new urgency around...

Investors appear to be treading carefully ahead of some key interest rate announcements this week, most notably the Fed on Wednesday but also the ECB one day later.Eurozone inflation data for April...

Taking risks is no longer necessary to make a return on your savings.Not long ago, “cash is trash” was a common theme as savings accounts yielded zero. Of course, such was the intent of...

The US economy is expected to enter a recession by the end of the year. Despite the risks, investing in equities may still be a viable option. The S&P 500 appears to be in an uptrend, but the 4200...