Jim Cramer Says Inflation Needs To Cool In These Areas Before Expecting Relief From Rate Hikes
Prominent market commentator Jim Cramer cautioned investors that interest rates haven’t peaked yet and may not begin to…
Housing Market Correction: Rates Up, Lack Of Buyers, Cracks Forming In Home Improvement
The housing market, still in its relentless rough patch as mortgage rates continue to climb higher, is deterring buyers from making a move.
Chicago Fed’s Goolsbee Says Central Bankers Must Avoid Over-Dependence On Market Reaction: ‘Our Job Is Ultimately Judged By…’
Federal Reserve Bank of Chicago President Austan Goolsbee reportedly said central bankers must avoid putting too much weight…
Market Strategist Explains Why Buy-The-Dips May Not Work In Current Times: ‘Need To See The Fed Pause Interest Rate Hikes’
Ameriprise Financial Chief Market Strategist Anthony Saglimbene reportedly said the current economic situation where earnings estimates are coming…
Nasdaq, S&P 500 Futures Flatline Ahead Of Housing, Consumer Data: Analyst Pins Hopes On Dollar, Fed Rates To Keep Flickering Rally Hopes Alive
Trading in the U.S. index futures suggests stocks may start Tuesday’s session slightly higher, although the mood could be cautious ahead of some key economic data on the housing market, business activity and consumer confidence.
Cues From Monday’s Trading:
El-Erian Says Congress Should Enhance Fed’s Accountability, Require It To Follow Bank Of England’s Example
Allianz chief economic adviser and noted economist Mohamed El-Erian said he believes Congress should enhance the Federal Reserve‘s…
Jim Cramer Says Fed Unable To Get Clear Vision Of Economy: ‘Insanely Hard To Predict Consumer Behavior’
Prominent market commentator Jim Cramer reportedly said on Monday the Federal Reserve is unable to get a clear…
Fed’s Jefferson Says ‘Under No Illusion’ Bringing Inflation Back Down To 2% Will Be Easy: ‘Committed To Doing What It Takes’
Federal Reserve Governor Philip Jefferson said on Monday he was under no illusion that it’s going to be…
Why Ark’s Cathie Wood Expects Innovation To Prevail As Fed Nears End Of ‘Most Brutal Rate Hike Increase In History’
Ark Invest founder and CEO Cathie Wood is off to a quick start in 2023 with several high-growth names leading the rally to start the year.
Nasdaq, S&P 500 Futures Rebound In New Trading Week But Rising Bond Yields Remain A Risk
US stocks are coming off a lackluster week and early indications suggest a reversal in sentiment in the new trading week. While rising bond yields could be a cause of concern, the recent weakness could trigger bargain-hunting-related buying.