Buzz on Business

Fed Slows QT, Markets Do a Rollercoaster: The Financial Animal Explains

William Walsh
As expected, the Federal Reserve Open Market Committee did not change interest rates as it concluded two days of meetings on Wednesday afternoon, but ...

Mixed Signals: Markets Down, Earnings Up - What's Going On?

William Walsh
When we see a dramatic move in the markets, we can typically guess the cause, especially when that move comes in the overnight session. Before the ope...

Earnings Continue to Shine, But Can They Overcome a Slowing Economy?

William Walsh
The commentary, if not the buying and selling of stocks and bonds, was dominated in the last seven days by the unexpectedly weak Gross Domestic Produc...

Is Inflation a Calculation Error? Economist Scott Granis Says Yes

William Walsh
As regular listeners know, we are dubious, to put it mildly, about financial analysts and journalists, especially when they issue predictions. The ide...

Skeptical About Yesterday's Rally? Here's Why You Should Be

William Walsh
When stocks make a dramatic move, one way or the other, our reflexive, initial reaction is one of skepticism. Perhaps this is just part of our nature,...

Wall Street Washed in April Showers: Is a May Flower Rally Coming?

William Walsh
The question, the most important question on the minds of traders and investors is this: Do April showers bring May flowers? Because to mix a metaphor...

The Ministry of Truth: Unveiling the Real Reasons Behind the Stock Market Sell-Off

William Walsh
Many commentators are explaining away the recent downdraft in stocks by pointing to geopolitical events in Europe, the Middle East, and elsewhere. Cle...

End of the Rate Cut Dream? Will the Fed Hike Rates Before Cutting Them?

William Walsh
Given the results of Friday’s trading, which we’ll get to in just a minute, Wall Street seems to finally be coming to grips with the now undeniabl...

Fed Rate Cuts in 2024? Don't Hold Your Breath, But Here's What To Watch Now

William Walsh
The Producer Price Index complex, which measures inflation at the wholesale level, came in a tick better than expected Thursday morning. More on that ...

Good Jobs, Bad News? Markets Wait for Wednesday's Inflation Numbers

William Walsh
On Friday, the labor market complex came in well above expectations. The economy created 303,000 new jobs in March versus the 212,000 that Wall Street...

Stocks Up, Rates Up, Gold Up: Is There Room to Run in This Market Rally?

William Walsh
Stocks bounced on Friday, but volume was off, and markets finished with a loss for the week, which was only the fifth down week since this rally began...

Stock Market Swoons After Fed's Kashkari Throws Cold Water on Rate Cuts

William Walsh
Minneapolis Federal Reserve Bank President and member of the Fed’s Board of Governors, Neel Kashkari, spoke a little truth to power yesterday and se...

Financial Animal

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