Expected Rate Hike Today the Federal Reserve did exactly what everybody expected them to do, they once again raised interest rates by just one quarter
Fed Fears Inflation Is Not High Enough Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we
Financial Conditions Are Loosest Since 1994 I was reading an article today that the Chicago Fed released their National Financial Conditions Index (NFCI) and according
Inflation Higher Than Expected Today we got the hotter than expected news on prices – on inflation. We got the import/export prices. Import prices were
Yellen Putting On an Optimistic Front Everybody is watching Janet Yellen this week; the Federal Reserve met and did not raise interest rates – no
Summary: The Dow and the NASDAQ set new record highs today as the dollar sold off near the end of the day to close at
Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak
Summary: There wasn’t much of a market reaction to this Nonfarm Payroll report; the dollar index was only up .2% on the day. It closed
Summary: Let the SS ObamaCare Ship Sink The Republicans in the Senate finally unveiled their version of ObamaCare Repeal & Replace. It’s very heavy on
Summary: Every tax cut is temporary. Ryan’s premise that we can’t get the stimulus we need without a permanent tax cut is complete nonsense. Congress
