The Federal Reserve is assuming a more restrictive monetary stance, an adjustment that is leading to steadily rising interest rates. And that is not sitting
Various factors are influencing market sentiment. When the focus has been on the healthy economy and the mostly upbeat second-quarter earnings performance
The employment outlook remains generally upbeat. True, job growth did slow in July, with 157,000 positions being added, or 30,000 fewer than forecast. However
The economy performed as advertised in the second quarter, delivering a 4.1% increase in GDP on strength in consumer spending, exports, and business investment
Earnings reports were still flowing in as July ended and August began. In general, the results have exceeded expectations. True, there have been shortfalls (and
The economy was on a roll as the second half began, with much of this strength apparent in the manufacturing and non-manufacturing areas. The gains shown by
Continuing economic tensions with China are front and center on Wall Street these days, with our fraught commercial dealings with that fast-growing nation in
The first half is ending on a high note, with strong progress being made in reducing the unemployment rate, in narrowing the trade imbalance (with the deficit
The Federal Reserve is likely to continue tightening the monetary reins. To wit, the Fed raised interest rates in March and again at last week’s FOMC meeting
May’s uplifting jobs report helped to turn around a stock market that had come under duress from global headwinds. To wit, the government’s survey showing a 223
Geopolitics are taking center stage on Wall Street these days, with the on-again, off-again summit with North Korea, the intensifying trade standoff with China
Inflation is back in the headlines, after years of being an afterthought. This is not to suggest the Federal Reserve now has a serious problem on its hands. In