Rates cut and equities down
Historically, initial rate cuts are followed by an average 2% immediate decline before seeing upside in the intermediate term. Today, after Fed Powell announced a 25bp cut, the S&P…
Read MoreHistorically, initial rate cuts are followed by an average 2% immediate decline before seeing upside in the intermediate term. Today, after Fed Powell announced a 25bp cut, the S&P…
Read MoreMany are wondering why the market reacted so poorly to the Fed Rate cut that was announced today.
Read MoreADP reported that private payrolls at U.S. companies increased by 156k in July, ahead of estimates which were expecting an increase of 150k.
Read MoreThe new highs in the S&P 500 (SPX) last week turned newsletter writers more bullish.
Read MoreWhen I was learning to fly a few years ago, my flight instructor gave me a talk about “get there-itis.” It refers to deciding to fly because you had…
Read More