The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting…
recession
Inflation kicked off higher to start 2023 with January 2023 CPI coming in higher than expected. The Consumer Price Index (CPI) rose 0.5% in January, translating to an annual…
Things changed Friday. A couple of charts indicated a shift. Fundamentally, the blowout US non-farm payrolls employment took analysts by surprise. Last week, Jerome Powell did say the Fed…
As per usual for the first Friday of every month, the markets were anticipating the US Non-Farm Payrolls (NFP) employment numbers. This data has always been important, but its…
The Federal Reserve slowed the pace of its interest rate hikes by hiking 25 basis points meeting market expectations. The Fed also said that the battle against inflation is…
The Bank of Canada raised its key interest rate by 25 basis points to 4.50%. A move that was widely expected by markets. This is the eight consecutive time…
Goldman Sachs having the worst earnings miss in a decade provided hints of a weak economy given that the bank took a major hit in provisions for credit losses….
The first week of the month means US employment data in the form of Non-farm payrolls (NFP). Employment data has been key as Fed chairman Jerome Powell last year…
The US stock markets are sliding in reaction to yesterday’s released FOMC minutes. Notes from the Fed’s meeting last month and gives us an idea on what voting members…
Chinese electric vehicle maker NIO today announced its forward guidance. The company has lowered its expectations for fourth quarter deliveries. NIO now projects that 38,500-39,500 electric vehicles to be…