Buzz on Business

Will Inflation Stay Cool? Key CPI Data Drops Today

William Walsh
On Friday, most of the indexes were up. The Dow Jones Industrial Average was down. On Monday, the Dow was up, and by a fair amount. But much of the re...

Will We See Rate Hikes Instead? Inflation Surprises, Stocks Recoil

William Walsh
If you thought that rate cuts were coming, maybe in March, but surely no later than May. If you thought that the stock market was just a series of ste...

Shake it Off? Market Is All To Well, But Will It Be Our Blank Space Soon?

William Walsh
The S&P finally closed above 5,000 for the first time ever on Friday. The tech-heavy NASDAQ Composite is within 210 points of a new all-time high. Sma...

Market Narrows Despite Jobs Boom: "Creepy, Menacing Music" Plays

William Walsh
More good news from the labor market and more good news on earnings propels the broad market higher, but decliners lead advancers yet again, the marke...

Green Numbers, Grumpy Mood: William Walsh Questions the Market Rally's Heart

William Walsh
A mile wide and an inch deep. That's what support for this market looks like—feels like—to us. The major indexes gapped up at the open on Wednesda...

Market Searching for Direction: But No News This Week

William Walsh
On Monday, stocks were down, not a whole lot, but it was a down day. Interestingly, the semiconductors were up. Yesterday, stocks were up, not a whole...

Facebook Moonshot & Labor Market Boom: Bullish Signs or Storm Clouds Ahead?

William Walsh
Another new record high for the Dow. Another new record high for the S&P 500. Another two-year high for the NASDAQ Composite. There was some really go...

Jobless Claims Up, Manufacturing Up: Will the Fed Cut Rates?

William Walsh
Three of the Magnificent Seven companies reported earnings after the bell on Thursday. Facebook parent Meta, Amazon, and Apple all exceeded expectatio...

Markets Crumble as Fed Takes Away the Punch Bowl

William Walsh
If it is true, as is often claimed, that the job of the Federal Reserve is to take away the punch bowl just as the party is getting started, Federal R...

Crypto Green Light: SEC Approves Bitcoin ETFs Amidst Twitter Hacks

William Walsh
At long last and after fighting it tooth and nail for years and years, the Federal Agency responsible for regulating the financial markets, the Securi...

CNBC Blunder! Author Fumes Over Mistaken Headlines

William Walsh
Stocks finished the day mixed, mostly lower. It was an – interesting – day for those of us who stare into the infinite confines of a Giant Quote M...

Economic Numbers Pretty Good, Market Sputters Anyway

William Walsh
Apple was hit with another downgrade by; I don’t know who, over the “me too” claim that iPhone sales are coming in below expectations. Apple is ...

Financial Animal

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