Q4 target met and Fed’s inflation challenge- summary
A less hawkish-than-expected tone from Federal Reserve Chair Powell sent the S&P 500 (SPX) just beyond our expected fourth quarter upside range of 8-12%.
Read MoreA less hawkish-than-expected tone from Federal Reserve Chair Powell sent the S&P 500 (SPX) just beyond our expected fourth quarter upside range of 8-12%.
Read MoreBearish retail investor sentiment has been above bullish sentiment for 35 weeks now, surpassing the previous record of 34 weeks which began at the start of the pandemic lockdown…
Read MoreA less hawkish-than-expected tone from Federal Reserve Chair Powell sent the S&P 500 (SPX) just beyond our expected fourth quarter upside range of 8-12%.
Read MoreThe month-over-month PCE readings were a little better than expected in October, while the year-over-year matched estimates.
Read MoreHere are Wednesday's closing levels for our four key tactical indicators:
Read MoreS&P equity futures are trading modestly below Wednesday's close, amidst widespread gains in Europe and Asia overnight Dovish takeaways from Fed Chair Powell's comments late Wednesday.
Read MoreStocks meandered ahead of Chairman Powell’s remarks at the Brookings Institution, and the S&P 500 Index (SPX) drifted around the flat line, remaining in a relatively tight 26-point range.…
Read MoreFed Chair Powell said time for moderating the pace of rate hikes could come as soon as December. In his speech he also said:
Read MoreThe Bureau of Economic Analysis (BEA) reported its second estimate for Gross Domestic Product (GDP) was a little stronger than the initial print.
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