Walkin' On Sunshine
Chairman Powell channeled his inner dove this week and gave markets a boost.
Chairman Powell channeled his inner dove this week and gave markets a boost.
Has the Fed miscalculated the resilience of the consumer, or have they just not paid attention to inflation?
The Fed decided to pull the proverbial rug out from under investors this week and the market is trying to adjust to the possibility of one or no rate cuts this year.
An inflation number that was slightly higher than what the market expected, and you would have thought the world was coming to an end.
Between the Fed, geopolitical concerns, and earthquakes, markets have been a little shaky this week.
Things are happening fast in the market these days and it's got a lot of market pundits perplexed.