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Stocks dropped yesterday after the Fed failed to deliver the dovish pivot the market was waiting on. Not only did the Fed not deliver on the dovish pivot, but it was also made clear that rates would...
Aside from today's rate hike, attention on October jobs report If below estimated 191,000, it will build hopes for a Fed pivot on rates If close to or above September’s 263,000, Fed will stay...
The S&P 500 finished lower by 30 bps, despite rising by more than 1% at the open yesterday. The market fell after the hotter-than-expected JOLTS data showed 10.7 million job openings versus a...
Seven straight months of losses and counting: Copper is having its worst bearish streak in 25 years, with no immediate certainty of a rebound as inflation at near four-decade highs, aggressive central...
Every time the short-term trend rises, traders believe rates will ease While some central banks began slowing rate hikes, the ECB persisted US data and Fedspeak suggest the Fed will persist as...
Meta is back to 2016 levels after yet another dismal earnings report The Metaverse continues to account for the greater part of the company's losses However, InvestingPro shows that there are still...
Microsoft is down 30% YTD despite continued signs of resilience in face of recession Office Suite, Azure, and cybersecurity record organic growth as companies prove reluctant to cut mission-critical...
BoJ inaction means policy divergence grows larger Japan government intervention ineffective Dollar rebound amid haven flows By standing pat on monetary policy despite the recent inflation spike and...
Stocks finished the day lower yesterday despite falling rates and a weaker dollar. Earnings were the primary driver. Strange to write that. Macro forces have dictated the market for so long that...
Somewhat incredibly, MMM stock has been halved since the beginning of 2018 and recently hit a nine-year low Fundamentally, shares look cheap, with a low multiple to earnings and a 5% dividend...
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