Image Source: Unsplash Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.The Federal Reserve has finally started cu...
Talking heads and politicians laud the “resilience” of American consumers. They managed to keep spending despite rapidly rising prices thanks to post-pandemic price inflation.But these pundits and...
Unemployment rises in many states, but so does employment (NFP) growth (report).Here’s the diffusion index (mean at 25) for 3 month unemployment rate change.Source: WellsFargo, 20 Sept 2024. The da...
Image Source: Pixabay Wall Street rallied, buoyed by the first interest rate cut since 2020 to address slowing economic growth. The S&P 500 and the Dow Jones hit new all-time highs and topped 5,7...
Image Source: Pixabay In July, the Central Bank of Argentina (BCRA) shipped another 3 tonnes of gold to the U.K. to swap for foreign exchange. A month prior, BCRA also transported 3 tonnes to the U.K...
For the first time in seven weeks, money market funds saw net outflows last week (-$20BN) – the largest weekly outflow since June…Source: Bloomberg The outflow was dominated by a major i...
Image Source: Pexels The FedEx (FDX – Free Report) disappointment likely has some company-specific aspects, but it is reasonable to see this report as providing a read-through for the broade...
Image Source: Pixabay Triple-witching – the September event is coming hot on the heels of our 50bp rate cut. Trillions in notional value in derivatives expired today.If you were expecting firew...
Gold and silver gave us some clean breakouts today, and went out near the highs. The dollar chopped sideways again, finishing marginally higher.VIX fell.The major indices gave back a little ofyesterd...
Every month, a parade of Fed governors offer their views on the economy in various speaking outlets. In those speeches, the Fed presidents may seem diverse in opinion but it’s an orchestrated charad...