Below you'll find a list of all posts that have been tagged as “financial markets”
A headline from Bank of America caught our attention late week saying the Fed is fed up with continued inflation and about to do something about it. Bank of America financial analysts say the Fed has tolerated annual inflation above its 2% target going on five years now. And they forecast the Fed will raise interest rates by a quarter …
Outside of ag commodities at midweek, the dollar index posting its highest level in 13 months, two-year treasuries trading at 16-month highs, while crude oil continues lower, now the lowest since early in February. Grain trade not the only sector battling support in here at midweek. Bottom line analysts point to the tech sector under pressure early week with those …
Federal Reserve Board opens its two-day June meeting today. Very little chance of any interest rate cut. The Feds last met in late April. Jerome Powell’s last meeting as chairman, Kevin Warsh, was sworn in on May 22, becoming the 17th chairman of the board. Recent economic reports, escalation of action in Iran, leaving very little chance of any Fed …
The $1.7 billion SpaceX IPO and Iranian military action have the full attention of traders on Wall Street as we end the week. Bottom Line financial analysts think it’s interesting how many articles have been written the past six months that suggest caution toward participating in today’s SpaceX IPO. Now the numbers are staggering at over $1.7 billion. Bottom Line analysts, though, suggest following …
