Fed Thoughts, The Statement, The Presser, Trading ServiceNow and Lam Research
Fed Thoughts, The Statement, The Presser, Trading ServiceNow and Lam Research: Market Recon...MO
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Fed Thoughts, The Statement, The Presser, Trading ServiceNow and Lam Research: Market Recon...MO
The FOMC held rates flat at today's rate decision, but the devil is in the details and the press conference is where many are looking for clues on the Fed's stance for the rest of the year.
Stephen Guilfoyle in his Market Recon column touches on the December jobs report and its potential impact on the Fed's psychology, James Bullard's grenade, Treasury notes of note, a fresh take on Fresca, rising mortgage rates and why he continues to hold out hope of SoFi Technologies (SOFI)....XLE
Negative returns for 2022? It's a midterm election year. We will see increased volatility. Anything is possible, and it would not surprise me....XLRE
Stephen Guilfoyle in his Market Recon column highlights how the latest COVID variant news out of South Africa is slamming equity markets worldwide, the good U.S. economic data released Wednesday and the flow of money mostly into and but also out of ETFs, plus is keeping an eye on Black Friday....WMT