Buzz on Business

Is 2% Growth the New Normal for the US Economy?

William Walsh
It was “Let’s All Give a Speech Day” at the Federal Reserve yesterday. At least six leaders of the US Central Bank gave speeches on Monday. As o...

From Rugrat to Big-Shot Lawyer: A Father-Son Story and the Dow at 40,000

William Walsh
The Dow Jones Industrial Average closed above 40,000 for the first time ever on Friday. Quite the milestone and quite a tribute to American business a...

Weak Economic Data: The Federal Reserve In a Corner

William Walsh
Thursday was a busy day on the economic calendar and all of the data that was released—all of it—pointed to a weakening economy. Nothing but red n...

Is the Market Wrong Again? The Financial Animal Raises Concerns About Inflation

William Walsh
At the Buzz on Business, we are fans of free markets. We do not hold that markets are perfect, by any means, just that they are better than all of the...

Jerome Powell in La La Land: Inflation Soars While the Fed Fiddles

William Walsh
Over the course of the last six months or so, we have openly worried about the future course of inflation. In an episode in November, we pointed out t...

Consumer Confidence & The Psychology of Inflation

William Walsh
In a report issued monthly by the Federal Reserve Bank of New York, Consumer Inflation Expectations ticked up in April for the first time since Octobe...

The Financial Animal Asks: Is This Bull Market Running on Empty?

William Walsh
Volume fell yet again on Friday, and this time it fell to the lowest point since January and to one of the lowest levels in years. We’ll include a l...

Bullish Market, Bearish Volume: Stocks Climb But Should You Be Worried?

William Walsh
Stocks moved moderately higher on Thursday and closed at or near their highs for the day as advancers led decliners by a respectable two-to-one. But v...

Wall Street Cries Wolf? Why You Shouldn't Base Your Investments on Fearmongering

William Walsh
We read an interesting paper with an interesting premise on Tuesday. Entitled “Either Stocks or Bonds Are Wrong”—we’ll put a link below—the ...

Bullish Reversal Followed by Bearish Reversal? Huh? The Financial Animal Decodes Mixed Signals

William Walsh
On Friday, we reported that the S&P 500 had had a lower low and a higher close, a pattern known as a Bullish Reversal. Over the next three trading ses...

Hope vs. Reality: Can the Stock Market Keep Rallying Without a Fed Rate Cut?

William Walsh
Wall Street has been wishing and hoping for a rate cut from the Federal Reserve, probably since rates started heading up in March of 2022. Those hopes...

Is Stagflation Lurking? The Buzz on Business Examines Friday's Jobs Report

William Walsh
Friday’s employment report came in well below expectations. We’ll get into the details in just a minute but the stock and bond markets celebrated ...
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