The Fed did nothing today, except note that there are problems in the rest of the world, but everything here is fine. Nevertheless in the spirit of noblesse oblige the Fed has condescended not to raise its benchmark rate by
September 17, 2015
Some are just beginning to figure out there are manufacturing sector troubles. The late-to-the party quote of the day comes from Bloomberg who just now realized “There may very well be something wrong with the manufacturing sector.” The quote is
Market updates with Tim Knight. Video Length: 00:09:53
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. When is gold more than a commodity? When it is recognized as the last safe haven in a
For several weeks the popular financial has been building a sense of drama in advance of today’s Fed announcement: Rate hike? No rate hike? Hawkish tone? Dovish tone? The S&P 500 moved cautiously during the morning with an absence of
This week the topic du jour in the investment world is the pending monthly meeting of the Federal Reserve Open Market Committee, otherwise known as “The Fed”. Market watchers are split over whether this will be the big moment when
“Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the bigger slice
As reported earlier, the biggest stunner bar none in today’s FOMC announcement, was the emergence of a negative interest rate dot in the Fed’s projections. It was unclear who drew that (perhaps Kocherlakota, perhaps not)… … but the author is ultimately
The U.S. Federal Reserve announced today that it will not be raising interest rates following this month’s meeting. Markets were choppy following the Fed interest rate decision. The Dow Jones Industrial Average was up 56 points following the news, but quickly swung 100 points in
Little in the way of economic announcements Looking at the session on Friday, it’s very unlikely that we will have much in the way of volatility as far as economic announcements are concerned. After all, the only announcements that we
