We’re witnessing the greatest stock market rally in the aftermath of a Federal Reserve rate hike since the 1970s, as investors seem to be cele
The International Monetary Fund cut its global growth projections for 2022 and 2023, describing the outlook as “gloomy and more uncertain.” Th
The European Central Bank announced an expectations-beating half-point interest-rate hike today, at the same time introducing a “tool” to ensu
In his most recent newsletter, Tony Greer of TG Macro wrote, “The setup for oil bulls on this gorgeous summer Friday morning is not to be beli
Goldman Sachs and Bank of America posted solid headline-level earnings this morning, both benefiting from higher interest rates during the sec
Jared Dillian tweeted it out: “It would take 8 months of 0.0% CPI readings to get CPI back to 5%.” And that was before the Commerce Department
Registering yet another 40-year high, the consumer price index for June came in at 9.1% and solidified at least a 75 basis-point move when the
It was already going to be a significant Jobs Friday before the West awoke to news of the assassination of former Japanese Prime Minister Shin
The major U.S. equity indexes edged into positive territory after opening in the red, even as a measure of U.S.
Russia defaulted on its external debt for the first time in more than a century, a technical breach brought about by historic sanctions on Vla
All three major U.S.
Stocks held modest gains ahead of Friday’s close, but it’s a fraught rally to close the worst week for the S&P 500 since March 2020.
“You don’t buy when there’s ‘blood in the streets,’” notes Darius Dale. “You buy when there’s a catalyst to clean it up.” U.S.
The Federal Open Market Committee announced the biggest increase to the federal funds rate in a quarter century, the Bank of Japan stepped up
The Bureau of Labor Statistics reported on Friday that the consumer price index increased 8.6% from a year ago and 1% from a month ago in May.
