Stocks were flat in early trading as investors assess the possibility of another 75 basis point Fed rate hike later this month. Fed Chair Powell’s speech this afternoon could provide further insight into the central bank’s plan. Inflation data released Wednesday confirmed that the economy...
Value-oriented shares have been performing well recently and have been supported by gains in the consumer staples sector.  There is a multitude of experts proclaiming that value stocks will be en vogue in 2023 - and indeed, many have already started to rally in 2022’s late innings.  
Stocks sank this morning as social unrest in China intensified. Demonstrations broke out this weekend in mainland China as citizens reacted to tightening government health restrictions. A resurgence of infections in China may exacerbate supply chain disruptions and global market headwinds.   Today...
The major indices inched higher for the holiday-shortened week as FOMC meeting minutes fueled optimism that the Fed may soon begin to ramp down from the historically significant 0.75% rate hikes it has implemented in the past four consecutive meetings. A “substantial majority of participants” thought that...
Stocks were on track to close the holiday-shortened week higher after minutes from the most recent FOMC meeting fueled hopes on Wall Street that the Fed may soon begin to ramp down its monetary policy tightening.     Whether you think that the bottom is in...