Stocks Rebound Sharply as Rate Rise Fears Ease

Major stock indices rose sharply this holiday shortened week as investors became less concerned about rate increases.  Early “flash” readings of purchasing manager’s indices showed economic growth may already be slowing which could cool inflation.  Interest rate futures markets indicate that the FED likely will be done hiking rates before the end of the year.  […]

Stocks Sell Off as the FED Hikes Rates 0.75% and the Economy Slows

The Federal Reserve met and raised the FED funds rate by 0.75%, the biggest increase since 1994.  The federal-funds rate is now between 1.5% and 1.75%.  All major indices ended the volatile week lower for the worst drop since March of 2020. The European Central Bank held an emergency meeting to create a new tool […]

Stocks Lower as Inflation Rises

Major stock indices ended the week substantially lower.  Friday saw the biggest drop following higher than expected inflation in May cementing the need for multiple rate hikes from the FED to slow the economy.  The FED meets this week with an expected rate increase of 0.5%.  However, some are expecting possibly a 0.75% increase. The […]

Despite OPEC+ Production Increase Stocks End Mixed

Stocks ended the volatile week mixed with only the small cap Russell 2000 index ending with a slight gain.  European Union leaders agreed to a framework to wean off it’s use of Russian oil which would ban Russian oil by ship and only allow one pipeline to supply oil until a technical solution is found […]

Stocks Rebound Sharply on Easing Inflation Hopes

After 7 weeks of declines, stocks rebounded sharply this week on a mix of strong retail earnings, weaker economic numbers and lower inflation in April.  The irony with weaker economic numbers is that it raises hopes that the FED’s fight against inflation may be shorter, with fewer rate hikes than previously expected, making stocks more […]