Image courtesy of 123rf.com General Motors (NYSE: GM) announced Wednesday that its electric vehicles will now have access to Tesla’s extensive Supercharger network, marking a significant mileston...
The recent run of forecasts from some corners that a US recession is imminent, or possibly already underway, continue to look premature. Although it’s short-sighted to dismiss various risks that are...
Image Source: Unsplash How Much Power does the Fed have over Gold and Metals? We will find out! Gold prices are hovering near record highs and are pausing the head of today’s most important Federal...
Image Source: Unsplash Investors are cautious ahead of a highly anticipated yet uncertain Federal Reserve policy decision later today, and British stock indexes declined on Wednesday, following a bro...
Stocks are slightly lower this afternoon, as investors hope for the Federal Open Market Committee (FOMC) to issue its first interest rate cut in four years later today. The Dow Jones Industrial Aver...
Half Point StatementWe have made considerable progress combatting inflation. Risks to our dual mandate are more skewed toward an unwelcome weakening of the labor market than an unexpected and unwelcom...
Meanwhile, the Japanese Yen gains came as investors prepare for the latest monetary policy decisions from Japan and the United States this week. The Bank of Japan is expected to keep interest rates un...
Will the Fed’s decision push stock prices higher, or is it already priced in?Yesterday, the S&P 500 index reached a new record high of 5,670.81, briefly surpassing the previous high from Jul...
It’s the Fed’s interest cut day, and the markets keep on expecting a 0.5% cut.In my view, incorrectly so. We’ll see what happens in just several hours. I previously wrote that the markets appear...