Good morning! For Thursday, May 21, U.S. stock futures forecasted a 17-point decline from yesterday's close. This morning, U.S. jobless claims remained at a near 15-year low. Claims registered at roughly 274,000, a little higher than economist expectations of 271,000.
April FOMC meeting
- LL Stock Plunges 17%, Today's Biggest Pre-Market Mover
- FOMC Meeting Minutes Reaction: "Fed Is Making It Up as It Goes Along"
On Wednesday, Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on CNBC's "Closing Bell"for a roundtable discussion of the April Federal Open Market Committee (FOMC) meeting.
Take a look and find out why Fitz-Gerald became "concerned the Fed is underestimating key factors" when he saw the FOMC meeting minutes - and how investors should approach the market in these uncertain conditions...