Despite mostly downside surprises from U.S. economic data, hopes of a slower pace in interest rate normalization from the Federal Reserve pushed U.S. stocks and bonds upward. A seesaw week for U.S. stocks ended on the upside last week, though the...
It was just a sniff, mind you, but it was of a foul odor. A whiff of inflation seen in the monthly Consumer Price Index data held back stocks this morning that I believe would have otherwise gained from the get-go. The SPDR S&P 500 (NYSE: [...
Well, it didn't take long for the bulls to jump on their buying opportunity, with a little help from the bulls' friend in the Fed. In fact, despite huge daily swings in the market averages driven by daily news regarding timing of interest...