Last week, the market told us exactly why we should stay short as the jobs report and personal-consumption-expenditures (PCE) index both showed growth.This morning we saw a continuation of this trend as the Services ISM surprised analysts to the upside, delivering a 56.5 reading versus an expected 53.5.
Last week, the market told us exactly why we should stay short as the jobs report and personal-consumption-expenditures (PCE) index both showed growth.This morning we saw a continuation of this trend as the Services ISM surprised analysts to the upside, delivering a 56.5 reading versus an expected 53.5.
Here's what could happen next...
If you’ve been in the markets for a while, this will seem reminiscent of 2001, when Alan Greenspan’s Federal Reserve cut interest rates from 6.5% to 2% over the course of one year.At the time, the stock market collapsed.This is what Powell needs to avoid..but possibly won’t..
Geopolitical scares often drive investors to sell off highly valuable investments in moments of panic.
That same panic also causes the stock market to ignore incredible buying opportunities that emerge in the wake of a hyperbole-fueled panic.
A perfect example is the ongoing geopolitical circus that is the North Korea crisis.
Federal holidays can be tricky for investors because markets only close for some of them.
To help you navigate the holiday, we're reminding readers that U.S. markets are closed on President's Day, Monday, Feb. 19.
Investors are on edge thanks to the devastation from Hurricane Harvey and North Korea's continued provocations.
But Money Morning Chief Investment Strategist Keith Fitz-Gerald tells us we can either look in the rear-view mirror or ahead to the future.
Keith joins CNBC World to let us know what to do with our portfolio.
Trump's "growth" agenda is stalled in Washington, and Wall Street's biggest players are predicting a stock market correction.
Investors are getting nervous as volatility starts to show.
Consumer boycotts have been flooding social media lately.
From Uber to Starbucks to Ivanka Trump's fashion brand - consumers are saying "never again."
But does this kind of activism actually effect change?
Regardless of how election 2016 plays out, we're likely looking at four more years of market gridlock.
But there is one tiny reason for market optimism... Get everything you need to know, right here.
Junk bonds may be rallying but it has little to do with corporate credit quality, which just keeps deteriorating.
As of the end of August, 113 companies had defaulted on their debt in 2016, already matching the total number of defaults from 2015. The year-to-date default count was also 57% higher than a year earlier.
In case anyone is paying attention (it appears they are not), the last time defaults were this high was in 2009 when 208 companies failed during the financial crisis.
The S&P 500 hit another record high last week on the back of an employment report that was boosted by "large seasonal adjustments," which is really just another way of saying the government is manipulating the numbers.
Even after these adjustments, however, three- and six-month average job growth is below 200,000 and also lower than a year ago. The last two months' reports were boosted by higher government hiring (+71,000, the highest two month level since 2010).
Private sector jobs growth is running at a lower 3-month average of 150,000, down significantly from 221,000 in 2015 and 240,000 in 2014.
Two months ago, Michael Robinson called for a market rebound - just weeks after stocks bottomed out on Feb. 11. He was right.
Now he's back with a new stock market prediction. Here's where he sees stocks heading in 2016...
Investors want to believe the Fed can support the stock market, and pundits are working hard to convince everyone that the bear market is over.
Don't fall it. This rally is unsustainable, and the Fed's forging monetary policy with flawed data that's doomed to fail.
Here's what's really going on in the markets right now - and what you should do about it...
Morgan Stanley recently issued an alert saying that going long on the S&P 500 Index presented the best buying opportunity in 20 years.
That might sound absurd to some, but not to you. That's because I've been keeping you on top of profit-making opportunities before Wall Street catches on.
Today, I'm once again getting you out in front with a chart that shows you how the market has crossed another critical bullish threshold.
Very few people are talking about this yet. And that makes it a big opening for you...
U.S. markets logged their fifth straight week of gains last week, pushing the Dow and S&P 500 into positive territory for the first time in 2016. But despite those gains, the fears of a stock market crash are still very real.
I wasn't the least bit surprised by the Fed's move Wednesday to stand pat on interest rates.
As I noted on CNBC's "Closing Bell," talking is just about the only policy tool still available to Fed Chair Janet Yellen.
That's because the world's other central banks are doing her dirty work for her.
This isn't a popular concept amongst those who like to believe the Fed is in control, but it's all too real. The People's Bank of China unpegged the yuan last August. Then the Bank of Japan introduced negative interest rates in January. And, last week the European Central Bank unleashed Super Mario Draghi's monetary bazooka - all of which make it impossible for Yellen to raise rates at the moment.
Speaking of which, traders breathed a sigh of relief based on the fact that Yellen may be taking rate hikes off the table for now, lending credence to the thought this morning that the Fed may finally be stepping out of the way.
Don't bet on it.
What happened Wednesday is another very deliberate move in a long string of moves that's designed with one intention and one intention only - to manipulate markets.
Not that that's new news - but here's what is.
In the Money Map Report, we've talked many times about how and why there are singular inputs that move markets during specific points in our economic history. I raised a lot of eyebrows when I said that the Fed accounted for 85% of all market action since 2008, but it turns out I may have been too conservative!
The real figure may be at least 93%.
