Mindblown: a blog about philosophy.
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Fed Chair Powell says activity in housing sector remains weak, labour market remains very tight, there are some signs that supply and demand in labour market are coming back into better balance, nominal wage growth has shown some signs of easing
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Fed Chair Powell says focus remains on dual mandate, we are committed to bringing inflation back down to 2%
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Federal Reserve hikes rates by 25bps to 5.00-5.25% as expected, opens door to rate hike pause, drops language it anticipates more policy firming may be appropriate to attain sufficiently restrictive stance
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US ISM N-Mfg PMI (Apr) 51.9 vs. Exp. 51.8 (Prev. 51.2)
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An unknown drone has crashed in the vicinity of Kolomna, Moscow Region, according to Mash cited by Faytuks Earlier, the Russian Kremlin said it foiled a drone attack on President Putin’s presidential residence. Subsequently, Russia said Moscow reserves the right to take retaliatory measures as it deems appropriate in response to the attempt to target the Kremlin, according to Sky News Arabia
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MORNING MINUTE EQUITIES,FUTURES & OPTIONS MAY 3rd
Today is the day, on one hand you have inflation and the other a potential banking & debt ceiling crisis, what will the FED do?
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END OF DAY REPORT MAY 2nd
"Sell in May and go away" is looking like a good piece of advice at the moment! DONT LOOK UNDER THE HOOD!! Banks get trounced again
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Regional banks plummeting as short sellers circle, weighing on market, lifting Treasuries
There has been no particular catalyst for the tumble in the regional banks Tuesday (KRE ETF currently down 8%), with losses accumulating gradually from the open, but mainly after JOLTS job openings data entered the rear view. The sell-off Tuesday is permeating across the regionals as a whole, rather than any specific banks facing an […]
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Regional banks plummeting as short sellers circle, weighing on market, lifting Treasuries
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US Factory Orders MM * (Mar) 0.9% vs. Exp. 1.1% (Prev. -0.7%, Rev. -1.1%)
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