Stay updated with breaking news from Fed Hike. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The gold price jumped toward record highs today as the market deciphers the implications of the Fed rate decision, lower Treasury yields and a soft US Dollar. Where to for XAU/USD?
"We're not getting in these earnings what effect the slowdown in lending really might impact the earnings," Jeremy Siegel told CNBC.
Last week’s US CPI numbers look good at a glance, but the reality is the Western economies may face ongoing sticky inflation and long-term stagflation while
Decline in the nasdaq. it was a strong week overall, and a strong start to 2023. the s&p , let's see, we're watching down markets there. nasdaq up 3%. five-week winning streak there. shockingly strong jobs report friday has investors worrying what the next fed hike move is. and next this week, we'll get more information. from jerome powell, state of the union address, and weekly jobless claims. another week of big earn, pepsi, uber slated to report. inflation, gas prices falling a penny, $3.37 a gallon. let's bin in ken robach. ken, nice to see you. what do you make of that jobs report friday?...
Number. that should allow the federal reserve to ease off on its fed hike, the rate hiking cycle. and that is seen as a positive for stocks. you know, that will just -- the only thing happening in a vacuum, it would be very positive for stocks. all of this other news that people are, for the moment, ignoring including the threat of a recession. >> yeah. i mean, there's been that threat of a recession hanging over us for months now. tomorrow we're probably going to get fourth quarter gdp numbers going to look good showing the u.s. economy was strong at the end of the year. the labor market was ...