The Fed Hiked on September 16. The Trade Isn’t the Hike.
I wrote that the Fed would cut on September 16. It did not: a Sept. 17 headline reads ‘first hike in 3 years.’ The framework held, and SPY sits 2.0% below its high while small…
The Fed
US Stock Market Weekly Recap: Semiconductor Sell-Off, Iran Tensions, and What Next Week’s Fed Testimony Means
The S&P 500 fell 1.6% and the Nasdaq 2.9% as chips slipped into a bear market. Oil, a cooler CPI, IBM’s warning and a Chinese AI model each pulled a different way. Here is what…
The Fed Is Stuck, Inflation Won’t Die, and Your Stock Portfolio Is Caught in the Middle
The Fed raised rates 12 to 0 on September 16 and is still stuck: core PCE runs at 3.3%, oil sits in the $90s and the 10-year yield is near 4.8%. Here is what the…