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As the Federal Reserve’s annual economic symposium got underway Thursday at a lodge in Grand Teton National Park, some of the very problems Fed officials are grappling with – high inflation, soaring rental costs and home prices and wide economic inequalities – were starkly evident near the idyllic mountain setting.
S&P 500 confirmed the daily outlook yesterday, and did really well. The signs before the close also favored bullish entry into today.
The Fed is trying to slow the economy just enough to cool inflation — without causing a recession.
JACKSON HOLE, Wyoming (AP) — A half-hour drive or so from the resort where the high...
S&P 500 didn‘t break below the 4,110s and the entry to yesterday‘s session made me think 4,160s would hold.