Powell Will Try To Halt S&P 500 Rally, But Can He?
[ad_1] The Fed meeting setup for today looks a lot like the situation going into the July meeting. Ahead of each, the S&P 500 rallied strongly off bear-market lows, as…
Fed Signals Slower Hikes But Higher Top Rate; S&P 500 Dives
[ad_1] The Federal Reserve hiked its key interest rate to a range of 3.75%-4% on Wednesday, while signaling that rate hikes may begin to slow. However, Fed chief Jerome Powell…
Jobs Report: Weak October Data May Blunt Fed Chair Powell’s Hawkish Talk
[ad_1] Friday’s jobs report is already predicted to be softest since December 2020, with a 210,000 increase in employer payrolls. Yet there’s reason to think it may turn out far…
Hiring Stays Strong But Unemployment Rate Rises; Dow Jones Gains
[ad_1] Job growth remained solid in October, as employers added 261,000 payroll positions while the unemployment rate ticked up to 3.7%. The data probably won’t alter the Federal Reserve’s push…
U.S. Economy Has A Sinking Feeling: IBD/TIPP Poll
[ad_1] Optimism about the U.S. economy continued to backslide over the past month, as the Federal Reserve aggressively hiked interest rates to rein in inflation. X The IBD/TIPP Economic Optimism…
CPI Inflation Rate Cools Much More Than Expected; Dow Jones Jumps
[ad_1] The CPI inflation rate unexpectedly slid to 7.7% in October, continuing to ease from June’s 9.1% peak. Core inflation, which strips out food and energy prices, also came in…
Fed Chief Jerome Powell Stays Hawkish, But S&P 500 Rises
[ad_1] Federal Reserve Chair Jerome Powell, in his first public remarks since his hawkish news conference after the latest 75-basis-point rate hike, didn’t back down an inch from his view…
Key Fed Inflation Rate Eases As Powell Shifts Goalposts; Dow Jones Slips
[ad_1] The inflation rate most closely watched by the Federal Reserve showed easing price pressures in October. The core inflation rate, excluding food and energy prices, dipped to 5%, with…
Wage Growth Jumps Amid Strong Hiring; Dow Jones Falls
[ad_1] Job growth remained firm in November, as employers added 263,000 payroll positions while the unemployment rate held at 3.7% and wages jumped. The stronger-than-expected report probably won’t change expectations…
Friday’s Weak Jobs Report May Slow Fed, Lift S&P 500
[ad_1] Friday’s employment report is expected to show the U.S. economy added 250,000 jobs in September, with a gain of 280,000 in the private sector. That would be a big…
Jobs Report Still Too Strong For The Fed; Dow Jones Falls
[ad_1] U.S. employers added a solid 263,000 jobs in September, despite Federal Reserve efforts to slow the labor market. The unemployment rate slipped back to 3.5%, matching a half-century low.…
U.S. Economy Can’t Shake Recession Vibe: IBD/TIPP
[ad_1] The U.S. economy’s recession vibe is back — a month after falling gas prices and student loan forgiveness fueled one of the biggest jumps in optimism in more than…
The Federal Reserve Pivot Is Coming In December; Here’s Proof
[ad_1] The Federal Reserve won’t pivot until the labor market shows signs of cracking. But once the job market appears to be rolling over, everything will change. As income growth…
Why Today’s Jobs Report May Deliver A Jolt For Dow Jones
[ad_1] A solid jobs report today will be bad news for the Dow Jones Industrial Average. Investors are counting on the economy being weak enough for the Federal Reserve to…
Hiring Stays Hot As Unemployment Ties 53-Year Low; Dow Jones Falls
[ad_1] The U.S. economy added 528,000 jobs in July as the unemployment rate fell to 3.5%. The stronger-than-expected jobs report shows that the Federal Reserve still has more work to…
Recession Vibe Deepens For U.S. Economy: IBD/TIPP
[ad_1] A solid majority of Americans — 62% — think the U.S. economy is in a recession, up from 58% a month ago, 53% in June and 48% in May,…
CPI Inflation Rate Is Finally Falling — Much More Than Expected; Dow Jones Jumps
[ad_1] The CPI inflation rate finally pulled back from a 40-year peak in July, as the consumer price index came in cooler than expected. Core inflation, which strips out food…
Federal Reserve Meeting Minutes Trim Big Rate-Hike Odds
[ad_1] Federal Reserve chief Jerome Powell helped open the door to the Dow Jones Industrial Average rally over the past three weeks with his comments at the close of the…
Fed Chair Powell’s 1970s Lesson Casts Doubt On Quick Pivot; S&P 500 Falls
[ad_1] Federal Reserve chief Jerome Powell, in his much-anticipated Jackson Hole, Wyo., speech, said Friday that policymakers can’t let their guard down too early, or they’ll risk letting high inflation…
Jobs Report: Why You Can’t Trust It, And What Friday’s Data Means For The S&P 500
[ad_1] Evidence has mounted that the monthly jobs reports are way off the mark and that the labor market is much weaker than it appears. That suggests a recession may…
‘Goldilocks’ Jobs Report? Labor Market Is Still Too Hot For The Fed; Dow Jones Falls
[ad_1] The U.S. economy added 315,000 jobs in August, too hot for the Fed. But the Labor Department’s household survey showed a big jump in labor force participation, providing a…
U.S. Recession Fears Ease As Gas Prices Tumble, Student Loans Forgiven: IBD/TIPP
[ad_1] The IBD/TIPP Economic Optimism Index jumped 6.6 points to 44.7 in September, as recession worries eased, gas prices fell and the Biden administration moved to forgive up to $20,000…
CPI Inflation Rate Falls, But Hot Core Prices Jolt The Fed And Dow Jones
[ad_1] The CPI inflation rate continued to pull back from a 40-year peak in August, but less than expected. Core inflation, which strips out food and energy prices, unexpectedly reaccelerated…
Confirming The S&P 500 Bear Market Case
[ad_1] Wall Street has already had its freakout about how high the Federal Reserve will raise interest rates — including an all-but-certain 75-basis-point hike on Wednesday. The unexpectedly hot August…
Federal Reserve Expects 4.6% Rate Peak; Dow Jones Slides
[ad_1] The Federal Reserve hiked its key interest rate 75 basis points on Wednesday and signaled much more to come. Policymakers’ quarterly projections show the federal funds rate heading as…