Market update and Fed thought
I have had a number of questions about our outlook and sector call given the Powell Pivot and the emergence of the Omicron Variant of Covid-19.
Read MoreFOMC December meeting highlights
The Fed held rates steady, and accelerated the pace of asset-purchase taper to $30B/month from $15B/month, as expected
Read MoreVideo – Inflation sensation and our outlook (reposting for silver)
In this longer video, we update our view given the incredible inflation readings being released...
Read MoreNovember retail sales softer than expected
This morning's data from the Commerce Department showed consumer spending rose by a slower rate in November than it did in October.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages pulled back with yesterday’s 0.75% decline in the SPX.
Read MoreEarly Wednesday look
S&P equity futures are trading close to unchanged amidst mostly higher markets in Europe and a mixed close in Asia overnight.
Read More