Investors Knew Rate Hike Was Coming, Then Sold it Anyway
Federal Reserve chair Kevin Warsh vowed a “timelier return” to his inflation target.
Federal Reserve Signals More Interest Rate Hikes Ahead
This Fed chair wants to raise rates further and he has the backing of his troops.
Navigating the Post-Fed Market Action
Conditions for a major positive turning point do not look good.
U.S. Homebuilder Sentiment Drops to Joint-Least Since 2022
NAHB Housing Market Index comes in below the 50 dividing line between poor/good conditions for a 29th consecutive month, and below 40 for a 17th straight month, the longest such stretch since 2012.
Blowout Retail Sales Report Shows Consumers Continue to Consume
Core retail sales at the strongest since 2024 will be a boost to Q3 GDP estimates and should alleviate concerns about consumer spending.
Stocks See Modest Gains Ahead of the Fed
A very strong retail sales report along with easing bond yields and oil prices are giving a modest lift to stocks as they await a pivotal FOMC decision.
Diesel Export Ban May Be Good for U.S.; Fed Predictions; My 3 Energy Stocks
Will the diesel export bans help U.S. pricing? Also, why a half-point hike could actually make sense, but why confusion will likely prevail.
A Fed Under Pressure
Let’s look at the position our central bankers are in regarding inflation, while keeping watch of the global central banks … and on all the E.U.-Canada sweet talkin’.
A Fed Rate Hike Is Likely, But 3 Major Questions Will Remain
How this plays out is far more complicated than ‘a hike is bad and a hold is good’ and will not be settled today.
Bad Breadth, But Oversold Enough for a Face Ripping Rally?
Here are several key charts I’ll be watching as we prepare for the FOMC results.