Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
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A top ranked economics and finance blog with a focus on the housing market
Forget about the Federal Reserve (Fed) dovish expectations that should be dialed back because the American economy is too strong to require a rate cut as early as March from the Fed. Forget that strong US economic data is not good news for the market. And forget about the fact that the rally in tech stocks should temper, to let the rest of the market catch up with the Magnificent 7. Because it isn’t happening. Nasdaq 100 hit a fresh ATH yesterday, even though the latest US data showed that the initial jobless claims fell more than expected to the lowest level in more than a year, the mortgag...
S&P 500 and Nasdaq positioning for TSM earnings that I extensively telegraphed in full in yesterday‘s article (the opportunity smelled smashing) and also on Twitter, came true with strong beats.
A top ranked economics and finance blog with a focus on the housing market