Calm Action Attracts Investors as Fed Fears Subside
The bounce off the quick fall on Federal Reserve Chair Kevin Warsh helped calm emotion.
Housing Starts, Permits Fall on Multifamily Weakness
Both starts and permits fell in August, but the headline masked the a multifamily giveback underneath.
Unemployment Claims Drop to Near 57-Year Lows
Initial unemployment claims fall back under 200,000 for only the 8th time since 1969 and continuing claims declined to their second-lowest level since May 2023.
Markets Change Tack After Sleeping on it
Equities are starting the Thursday session with a strong tech-led rally aided by investors scooping up treasuries.
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.
Investors Are Not Optimistic About the Fed
Abysmal breadth and widespread selling suggests Kevin Warsh will have a hard time calming markets.
Equities Remain Under Pressure As 10-Year Yield Hits 19-Year High
A bounce in AI names is helping offset pressure from a continued rise in bond yields and oil prices.
A Market Stuck on Hold Leaves Traders With Little to Do
Not bad enough to buy and not good enough to chase.
Markets Scream Caution With Rate Hike All But Guaranteed
After an eventful week, it was revealed that both the CPI and PPI measures rose.