Buzz on Business

A Bad Day for Stocks: Worst Week of 2024

William Walsh
A bad, bad day on Friday put the bow on a bad, bad week for stocks. Again, fears of economic weakness in the face of some disappointing economic and l...

The Fed's Tightrope: Why Lower Rates Might Not Boost Asset Prices

William Walsh
Like Darth Vader finally blurting out that he was indeed the baby daddy, Federal Reserve Board Chairman Jerome Powell, in his speech to the Jackson Ho...

Government Subsidies and Inflation: Unpacking the Housing Debate

William Walsh
Consider the market for widgets. Widgets are a necessity, have been in short supply and their price has increased by about 25% in recent years and now...

CPI Comes in as Expected, Market Yawns 

William Walsh
The headline Consumer Price Index numbers came in precisely as expected on Wednesday morning. We’ll get into those numbers in just a minute but the ...

Oil Surges, Gold Shines: Commodity Corner Update 

William Walsh
While this is probably the case with all press conferences, especially those held by political figures, there seem to be three broad categories of que...

Market Mood Swings and Fed Jitters: A Boring Day on Wall Street

William Walsh
Perhaps the best explanation for the rather confusing market action we saw on Monday is the Federal Open Market Committee and its two-day meeting that...

Fed Meeting, Earnings Season, and Economic Reports: A Week to Watch

William Walsh
The inflation data released on Friday came in pretty much as expected and, to us, appears to set the table for rate cuts, perhaps as soon as this Wedn...

 Fed Funds Futures Signal Rate Cut, Markets Soar

William Walsh
The Buzz on Business for July 17th, 2024 The Chicago Mercantile Exchange is a great collection of financial market traders and contracts to be traded....

 The Buzz on Business: Jerome Powell's Key Economic Warnings

William Walsh
The Buzz on Business for July 16th, 2024 In one of the best political-slash-economic presentations we have ever seen, Federal Reserve Board Chairman J...

Senate Testimony: A Circus Act on Economics

William Walsh
So, you didn’t have to, we watched Federal Reserve Chairman Jerome Powell’s testimony before the United States Senate yesterday. Well, we watched ...

Mixed Signals: Markets at All-Time Highs Despite Weakening Labor Market 

William Walsh
It was more of the same over the 4th of July holiday shortened week on Wall Street.  The indexes were mixed but the S&P 500 and the NASDAQ Composite...

Inflation Stalls? Don't Celebrate Yet - Why the Fed Should Stay the Course

William Walsh
The Consumer Price Index for May came in better than expected yesterday. We’ll get into the specifics in just a moment but suffice it to say that th...
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