Tag: FOMC meeting

Tighter Money Policy; Market Drops – Weekly Update

May 9, 2022 | By Steven DiGregorio

A Wild Week After successive daily gains to begin the week, stocks staged a powerful relief rally in response to Wednesday’s Federal Open Market Committee (FOMC) announcement, aided by Fed Chair Powell’s comment that a 75-basis point hike was not under active consideration. Stocks, however, dropped the following day as investors reassessed the implications of […] READ MORE


Fed Signals More Aggressive Action on Interest Rates – Weekly Update

April 11, 2022 | By Steven DiGregorio

Fed Roils Markets After a positive start to the week, stock prices turned lower on a more hawkish tone from Fed officials. On Tuesday, investors were surprised by comments from Fed governor Lael Brainard, one of the Fed’s more dovish members, who suggested the Fed could take a more aggressive approach with interest rates. The […] READ MORE


Stocks Rally in Changing Landscape – Weekly Update

March 21, 2022 | By Steven DiGregorio

Stocks Roar After surrendering gains on Monday, stocks surged higher for four consecutive days. The rally was propelled by strong economic data, the outcome of last week’s Federal Open Market Committee (FOMC) meeting, and reports that Russia made interest payments on its sovereign debt, avoiding technical default. The uptrend began with a drop in oil […] READ MORE


Fed Says Tapering Ahead – Weekly Update

November 8, 2021 | By Steven DiGregorio

Stocks Power Higher Stocks marched higher throughout the week, lifted by a succession of positive corporate earnings surprises, optimistic forward guidance by some companies, and healthy economic data. Continued strong third-quarter profits reinforced the narrative that businesses were able to meet strong consumer demand and maintain robust profit margins, despite the headwinds of inflation and […] READ MORE


Stocks Lackluster Despite Positive Outlook – Weekly Update

September 20, 2021 | By Steven DiGregorio

Stocks Struggle   Despite a string of economic reports painting a healthy picture of the U.S. economy, investor sentiment remained cautious. While tamer inflation and higher-than-expected retail sales may typically be constructive for the market, any investor enthusiasm it generated was fleeting. The market appeared all week to be encumbered by a tentative, apprehensive mood. […] READ MORE