Buzz on Business

Fed on Hold: Will Economic Strength—or Weakness—Force its Hand This Week?

William Walsh
With all the labor market news moving stocks and bonds last week we entirely forgot that today is the start of two days of meetings of the Federal Res...

Confusing Signals: Strong Jobs Report Tanks Stocks as Investors Fear the Fed

William Walsh
Over the last six months or so, good economic news has often spelled bad news for the stock market and, just as often, bad news was good news. As we...

ADP vs. Payrolls: Will Today's Jobs Report Confirm Labor Market Weakness?

William Walsh
The labor market data that was released on Thursday before the opening bell was weak. We’ll go over all the numbers in just a minute, but we remain ...

Oil Prices Plunge on OPEC Production Hike

William Walsh
The all-new bad news is bad news narrative continues to take hold on Wall Street. We’ll get to the numbers in just a few minutes but weakness in the...

Stock Market Pundits: Clueless

William Walsh
On Thursday, UBS, the multinational investment bank based in Switzerland boosted its year end price target for the S&P to 5,500. This is moderately bu...

The Fed: Mixed Messages and Missed Opportunities in the Fight Against Inflation?

William Walsh
The release on Wednesday of the minutes from the Federal Reserve Board meeting held earlier this month took a decidedly hawkish turn. Interesting to u...

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...

Financial Animal

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