Friday was a pretty good day on Wall Street. All the major indexes posted gains, volume was down from Thursday’s level but above average and pretty ...
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...
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...
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...
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 ...
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...
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...
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...
As expected, the Federal Reserve Open Market Committee did not change interest rates as it concluded two days of meetings on Wednesday afternoon, but ...
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...
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