“What can I say except ‘you're welcome’ for the tides, the sun, the sky?” Fed Chairman Jerome Powell spoke at 2:30 PM this afternoon, and, as I predicted yesterday, at 2:35 PM, the S&P 500 did what I said it would do. We peeled off after the Fed’s announcement and hit the third standard deviation […]
Federal Reserve System
Chart of the Day: Is the Tide Finally Turning for Fed Day?
It’s Fed Day… And we could be in for a bumpy ride. This afternoon, Federal Reserve Chair Jerome Powell will once again step in front of the cameras and tell the world how much the U.S. central bank plans to raise rates. At this point, we know a rate hike is guaranteed. The only lingering […]
[CHART] The Fed Won't Hike Rates Next Week - That's a Catch-22 for Investors
Don't expect the Fed to hike rates next week during the March FOMC meeting.
But while low interest rates are great for stocks, the Fed's dovish turn means it thinks the economy is too weak.
This chart tells the whole story…
World Stock Markets Lifted Following Japanese Elections
World stock markets were mostly higher overnight. U.S. stock indexes are also pointed toward firmer openings and new record highs when the New York day session begins.
Gold prices are lower in pre-U.S.-session trading, amid the better risk appetite seen in the marketplace in recent sessions. A firmer U.S. dollar indexx to start the trading week is also bearish for the gold and silver markets.
Who Will Be the Next Fed Chair? The 3 Most Likely Candidates
Who will be the next Fed chair to succeed Janet Yellen?
While Trump hasn't made his decision yet, there are three top candidates in the running.
Jim Rogers: "Clueless" Fed Will Drive United States to Disaster
Legendary investor Jim Rogers just made a bold claim about the Federal Reserve.
"[The Fed] has no clue what they're doing," he said.
But that's not all he said about the central bank...
Here Are the Fed Rate Hike Odds
Right now, the Fed rate hike odds show the markets believe interest rates will be raised in June 2017.
In fact, almost 90% of investors think a rate hike will happen in June.
POLL: Should the Federal Reserve Raise Interest Rates This Month?
We'd like to hear from our readers about a potential Federal Reserve interest rate hike this month…
Is the time truly right for the central bank to raise rates?
Leave your comment for us after the image...
Gold Up, World Equity Markets Under Pressure, From Trump Uncertainty
(Kitco News) – World stock markets were mostly weaker and tried to stabilize Tuesday after the sharp sell-off in U.S. and European equities on Monday. Asian stock markets followed on Tuesday by trading lower. Markets in China are still closed for the Lunar New Year holiday. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.
Peter Schiff: Fed's Economic Optimism Is Just Another Ploy
Well-known economist Peter Schiff is questioning the Fed's intentions.
He claims Yellen only raised interest rates to fool investors with false optimism.
Here's the Euro Pacific Capital CEO's proof...