Buzz on Business

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...

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...

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...

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...

Gold Up Over 40% in Six Months: Is Inflation Lurking?

William Walsh
For some months now, we have wondered and worried on this podcast about the rapid increase in the price of Gold. In October and November of last year,...

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...

Financial Animal

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