The odds of a September rate hike collapsed to 15% following a speech by Fed governor Lael Brainard. The Case to Tighten Policy Preemptively Is Less Compelling, said Brainard. In separate speeches, two Fed presidents chimed in today with similar comments,
September 12, 2016
Your browser does not support the podcast player element. Listen to the Podcast Audio: Click Here Transcript from the interview: Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of
A number of officials from the central bank have already suggested that two rate rises are possible this year, and now economists and investors assessing the economic data are also leaning in favor of two hikes. The quid pro quo for rising
As the chief investment officer of a wealth management firm for nearly 20 years, I have found that success in investing comes when one remains disciplined and continuously searches for value, especially during difficult and volatile markets. Many investment
After weeks (and weeks) of inactivity, markets have delivered two big days of activity: Friday’s sell-off and today’s recovery. Which of these days delivers the basis for market action over the next few months remains to be seen. One could
On Tuesday, we get a small amount of the CPI numbers out of the United Kingdom, the German sentiment numbers (ZEW), and the speech by the ECB chairman. Beyond that though, it should be a relatively straightforward day. WTI Crude
A review of the day’s trading in the agriculture markets. Video Length: 00:09:25
US stocks, led by technology, bounced back with some vigor in early Monday trading after closing the prior week with the biggest single-day sell-off in almost 3 months. Most forecasters, including yours truly, expected a weak open. Weekend Wall Street
While last week ended beautifully for the bears and bloody for the bulls, this week begins to the theme song of Laurel and Hardy’s comedy act of the mid-40’s- “The Dance of the Cuckoos.” The humor of Laurel and Hardy
The Chart of the Day belongs to Quantum (NYSE:QTM). I found the data storage device stock by using Barchart to sort today New High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80%
