Buzz on Business

Downward Revision: The Biggest Job Growth Blunder in 20 Years

William Walsh
On Wednesday of this week, the US Labor Department revised its calculation for the number of new jobs created in the twelve months ending in March of ...

PPI Report Delivers: Stocks Soar, Bond Yields Fall 

William Walsh
The business, financial, economic or stock market story that has dominated our collective consciousness over the last year has not been the labor mark...

Jobless Claims Jitters: Don't Be Fooled by the Headlines

William Walsh
A good day for stocks was supposedly sparked by economic reports released Thursday morning that supposedly were good news and that supposedly showed t...

The Carry Trade Unravels: A Deeper Look Behind the Market Selloff

William Walsh
As a general rule, we are disinclined to monocausal explanations of economic or financial developments. The economy and markets are complex, chaotic s...

Inflation Fears Ease, But Wild Market Swings Leave Financial Animal Bewildered

William Walsh
Yesterday, on this podcast, we prattled on about how the market had just broken out after a period of consolidation and then we took a victory lap on ...

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...

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...

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...

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...

Bullish Reversal After Fed Meeting: Stocks Surge Higher

William Walsh
Given the small but not insignificant policy change from the Federal Reserve Open Market Committee at the conclusion of their meeting on Wednesday and...

Bullish Reversal After Fed Meeting: Stocks Surge Higher

William Walsh
Given the small but not insignificant policy change from the Federal Reserve Open Market Committee at the conclusion of their meeting on Wednesday and...
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