Alas, all this excited messaging is just plain wrong. The fact is that the post-pandemic episode of “inflation” in the U.S. is now essentially over. The Fed’s 2% target has nearly been achieved. The ...
NASDAQ and QQQ showed signs of life near critical support, good news for the tech-heavy ETF. SPY improves after CPI report, indicating potential end to July 2023 correction. Small caps hold above ...
We recap the August CPI report. A tick higher in the annual inflation rate made headlines, while the drop in the core-CPI is the more favorable development. We believe the Fed is done hiking rates ...
The most important economic report of the week — the Consumer Price Index (CPI) for August — came out flat-to-mixed this morning. Pre-market futures were sent an immediate downward tilt, but seem to ...
The financial markets were “mixed” this week (ended June 14) with the tech sectors moving smartly ahead while the more traditional sectors lagged. The S&P 500 (+1.6%) and the Nasdaq (+3.0%) both ...
Inflation has a profound effect on the stock market. When inflation speeds up, it often leads to tightening monetary policy, which could mean no rate cuts. This scenario could cause stocks to struggle ...
Data from Cointelegraph Markets Pro and TradingView showed local highs of $64,700 for BTC/USD after the Wall Street open. Bitcoin bulls received a boost from the latest United States Consumer Price ...
Bitcoin (BTC) fought for range highs into the Jan. 11 Wall Street open as United States macro data returned inflation to the radar. Data from Cointelegraph Markets Pro and TradingView tracked volatile ...
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