Tag: Powell

Confidence in Fed Helps Spark Market Rally – Weekly Update

May 31, 2022 | By Steven DiGregorio

A Good Week The stock market staged a broad rally last week, ignited by the release of minutes from the May’s Federal Open Market Committee (FOMC) meeting. The meeting notes eased concerns that the Fed might pursue a more aggressive monetary tightening stance than the Street had anticipated. Investor sentiment rose owing to solid earnings […] READ MORE


Powell Favors Quick Movement – Weekly Update

April 25, 2022 | By Steven DiGregorio

Focus Comes Off Earnings With the inflation report in the rearview mirror and a Fed meeting two weeks away, many may have expected corporate earnings to be in focus last week. Comments by Jerome Powell stole the spotlight. Investors began the week awaiting earnings reports looking for insight into businesses handling the latest inflation, a […] READ MORE


Ukrainian War Stresses Economy – Weekly Update

March 7, 2022 | By Steven DiGregorio

Another Volatile Week The uncertainty introduced from Russia’s invasion continued to whipsaw the financial markets last week. Intensifying hostilities early in the week sent stocks sharply lower as oil prices surged and a flight to safety drove investors to buy bonds. Stocks rebounded mid-week following the release of positive economic data and Congressional testimony by […] READ MORE


Powell Surprises; Omicron Concerns – Weekly Update

December 6, 2021 | By Steven DiGregorio

A Tumultuous Week Stock prices were volatile all week, swinging wildly after staging a modest recovery to begin the week. Omicron fears were not the only issue weighing on investors. Markets were also rattled by Fed Chair Powell’s Congressional testimony stating conditions warranted considering an acceleration of its bond purchase taper schedule. Last week’s roller-coaster […] READ MORE


COVID-19 Variant Clobbers Markets – Weekly Update

November 29, 2021 | By Steven DiGregorio

Red Friday Investors woke up on Black Friday to reports of a mutated COVID variant, reviving fears of potential new economic restrictions. U.S. markets were not alone, as stock prices in Europe and Asia also tumbled. Friday’s market action saw declines in economic reopening stocks, such as travel and leisure, cyclicals, financials, and energy, while […] READ MORE


Stocks Mixed on COVID-19, Powell – Weekly Update

November 22, 2021 | By Steven DiGregorio

Trading Uncertainty A healthy retail sales report, falling jobless claims, positive earnings surprises, and strong manufacturing data lent support to stock prices, but investor sentiment was dampened by several concerns. Chief among these worries are a resurgence of COVID-19 infections this winter and the impact inflation may have on consumer confidence and corporate profit margins. […] READ MORE


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