The stock market’s early-year rally continued to stall this week, with the Dow logging its third-straight losing week while the S&P 500 capped off two-straight losing weeks for the first time this year. Underneath the surface, retail investors continue to buy with enthusiasm, as data from VandaTrack published Thursday showed …
Read More »Strong Economic Data Weaken the Case for Continued Stock Rally
Text size Lael Brainard is leaving the Fed to head the White House’s National Economic Council. Jim Vondruska/Bloomberg The dash for trash has hit a speed bump. Stocks faltered again this past week as the early-year rally, led by rebounds in 2022’s speculative-grade losers, ran into resistance from higher expected …
Read More »Fed’s Lael Brainard to replace Brian Deese as Biden’s key economic adviser
President Joe Biden is expected on Tuesday to name Federal Reserve Vice Chair Lael Brainard to replace Brian Deese as his top economic advisers, a source familiar with the matter said, as Biden aims to convince skeptical Americans his policies are working. Brainard’s switch from the independent central bank to …
Read More »Attitudes begin to shift regarding monetary policy, economic growth, and stock prices
This post was originally published on TKer.co Stocks declined, with the S&P 500 falling 1.1% last week. The index is now up 6.5% year to date, up 14.4% from its October 12 closing low of 3,577.03, and down 14.7% from its January 3, 2022 closing high of 4,796.56. Over the …
Read More »Economic calendars for forex trading
The forex market is undoubtedly one of the most active financial markets in the world. Unexpected market fluctuations, price volatilities, and time-sensitive trades require constant vigilance to avoid losses. Forex traders need to monitor global events to be able to make informed trading decisions. This is where an economic calendar …
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