Yellen or Warsh? Next Fed chair perplexes Friday stock trade
Bond prices sink, banks catch a bid as potential for more hawkish Fed interest rate stance is seen to increase. Energy prices stable to down. Warsh in the lead.
Janet Yellen
Details of Trump tax plan leak prior to Indianapolis speech
Allegedly dovish Yellen comments now interpreted as hawkish, Financial sector stocks get a boost Wednesday, anticipating higher interest rates.
Fed bond sale announcement riles Wednesday trading action
The U.S. Fed launches its long awaited and long feared epic bond sale, beginning the QE wind down. But mum’s the word on any more 2017 interest rate hikes.
Trump should replace Fed Chair Janet Yellen in February
Replace Yellen with a new Fed chair who will make economic growth the central bank's top priority so that the American economy can really start to grow again.
Surprise! Dovish Yellen remarks ignite stock market rally
Fed Chair hints interest rate hikes may moderate. Most stocks rally, oil gets a boost, financials lag and bond prices weaken.
Trading Diary: No funerals, a wedding and a Wall Street rally
We stumble into a surprise midweek, midsummer rally, toy with silver and gold positions, and get ready to attend an actual Millennial wedding. Change.
London terror attack dampens DJIA recovery effort
Uncertainty over Obamacare “repeal and replace” status also sobers trading mood on Wall Street, though tech manages a NASDAQ rally.
Thursday markets: Fed to hike interest rates in March?
Nation’s money gurus remain in a state of confusion, as deep-staters would love nothing better than to kill the Trump rally. Whose side are these people on?
Thursday markets: Stocks recover a bit from Wednesday’s drubbing
Traders and investors get the averages back into the green as they try to puzzle out whether President-elect Trump and Fed Chair Yellen can get along.
Alleged OPEC oil agreement, vague Yellen comments lift stocks
Saudis, OPEC supposedly agree to November oil production cut. Iran, as always, will be the wild card. Janet Yellen tries—feebly—to counter criticism from Donald Trump.
ISM manufacturing, crashing oil prices hit Thursday markets
Janet Yellen’s case for a September Federal Reserve interest rate hike weakens on Thursday data dump. Thinly traded markets react in confusion as oil tanks.
Jackson Hole 2016: Federal Reserve’s new Tower of ‘Babble’
One thing is becoming increasingly clear. Like the rest of official Washington, the Federal Reserve has no clue about the current economy or the misery of the masses.
EpiPen scandal, incoming FedSpeak roil Thursday stocks
Pharmas, biotechs selectively hammered, oil attempts to stabilize, but most traders await the Oracle of Jackson Hole, Wyoming.
‘Hamburger Hill’ stock action marks pre-Fed Wednesday trading
Deadly slow trading, crude oil rally reversal, waiting for the Fed chair’s likely non-message transforms stock market into a red-ink meat grinder Wednesday as stocks fall, gold takes a hit.
Dow Jones Industrials hit all-time intraday high
But where’s the beef? U.S. companies brag about increasing minimum wage salaries. But what about the dying middle class?
Federal Reserve punts again on increasing interest rates
WASHINGTON, June 15, 2016 – The Federal Open Market Committee (FOMC) made its widely-expected non-proclamation Wednesday afternoon, announcing no interest rate increase for the month of June. On the other hand, this afternoon’s statement still strongly suggests that at least a pair of interest rate increases remain on the table for 2016. Maybe. Or maybe ...
Yellen: Interest rate hike ‘probably in the coming months’
WASHINGTON, May 27, 2016 – In very thin holiday-driven trading Friday, stocks opened with a decided upside bias. But mid-afternoon brought word that the Federal Reserve once again seems to be inching toward another ratchet up in interest rates, with the next incremental hike likely coming in early to mid-summer. At least that’s the way ...
Pfizer, Allergan inversion deal inverted by Treasury hacks
Meanwhile the Federal Reserve and Chair Janet Yellen punt on interest hikes once again as stocks try to hold onto a tepid Wednesday rally.
Dow up big time as Yellen market rally continues Wednesday
WASHINGTON, March 30, 2016 – After a negative open on Tuesday, markets got back on the upswing with remarks from Fed Chair Janet Yellen that were clearly designed to reverse the bad cheer spread last week by inflation hawk James Bullard, President of the St. Louis Fed. The fun continues in Wednesday morning trading action, ...
Yellen’s dovish remarks Tuesday inspire bulls, boost stocks
WASHINGTON, March 29, 2016 – Tuesday trading action got off to a bad start this morning due to negative vibes from the usual suspects: oil, which continued to decline sharply from last week’s $40 plus per barrel peak; and rising interest rate fears, kicked off by hawkish comments from St. Louis Fed Prez James Bullard. ...