Buzz on Business

A Bad Day for Stocks: Worst Week of 2024

William Walsh
A bad, bad day on Friday put the bow on a bad, bad week for stocks. Again, fears of economic weakness in the face of some disappointing economic and l...

Mixed Market, Mixed Signals: Navigating the September Effect 

William Walsh
Stocks were again mostly lower on Thursday, a bit of a rebound in the large cap tech stocks kept the NASDAQ out of the red for the day.  Fears of ec...

Market Correction Looms: Is NVIDIA the Culprit?

William Walsh
The Buzz on Business for September 5th, 2024 Stocks showed more weakness again on Wednesday although the session was not nearly as bad as was Tuesday...

NVIDIA's Earnings Blowout: Market's Mixed Reaction 

William Walsh
Artificial Intelligence giant NVIDIA reported 2nd Quarter financial results after the bell on Wednesday and the numbers exceeded expectations along ev...

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 ...

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...

Market Jitters: Another Day, Another Downturn

William Walsh
The Buzz on Business for August 8th, 2024 Stocks opened higher—substantially higher—on Wednesday, they quickly rallied above and beyond Tuesday’...

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...

The Sahm Rule: A New Recession Indicator or Just Noise?

William Walsh
The US economy coughed on Friday, the Japanese and Korean stock markets caught a cold and then at 9:30 AM ET yesterday, what had been a not all that u...

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...

Fed Tightrope Walk: Can They Fight Inflation Without Causing a Recession?

William Walsh
A lot has happened since the last Fed meeting. Specifically, a spike, a persistent spike In the inflation numbers. And the market’s apparent policy ...

S&P 500 and NASDAQ Hit New Highs, but Labor Market Report on Tap

William Walsh
A new all-time high for the Standard and Poor's 500 index. A new all-time high for the NASDAQ Composite. But volume was down, and the labor market rep...

Financial Animal

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