Did we just hit peak inflation? Investors are cheering today’s lighter than expected inflation numbers. The US consumer price index (CPI) rose 8.5% in July from a year ago,…
Finance
Remember those meme stocks? In recent days, GameStop (GME), AMC and Bed Bath & Beyond (BBBY) have surged as meme stock mania makes its return. The WallStreetBets crowd is…
The highly anticipated US non-farm payrolls (employment) numbers for the month of July were released on Friday August 5th 2022. And boy did they beat estimates by a mile!…
House Speaker Nancy Pelosi’s visit to Taiwan makes her the highest ranking American official to visit Taiwan in 25 years. Her official visit has also been heavily criticized by…
Two weeks ago, I put out an article stating that the US stock markets may have developed a bottom. That call has worked well for our readers. The call…
US GDP fell 0.9% in the second quarter. This is the second straight GDP decline in a row and officially meets the definition of a recession. Gross domestic product…
In one word: bullish. The stock markets are loving the hawkish Fed. The Federal Reserve has raised interest rates by 75 basis points for the second consecutive time. The…
The European Central Bank (ECB) raised interest rates for the first time in 11 years. The market expected this as the ECB has been signaling a July rate hike…
Inflation. Deflation. Stagflation. Markets going down week after week, only to rip up higher. Headlines don’t seem to line up and so-called experts, who claim to have seen it…
Have US stock markets bottomed? From a technical analysis perspective: yes, there is a very good chance they have. From a fundamental perspective: it gets complicated. If we consider…