Bill Poulos
Powell’s Speech Confirms: Bears Still in Control
Stocks climbed slightly today in response to Fed Chairman Jerome Powell’s speech in Jackson Hole. The address indicated potential actions by Powell and other...
Stocks Slip as Profit Taking Continues
Stocks continued their downward trajectory this morning, with increasing bond yields and China's economic distress posing significant challenges, steering the market towards yet another...
China “Debt Meltdown” Threatens Global Markets
Investors watched with bated breath this morning as the S&P 500 traded higher in anticipation of the Fed's meeting minutes. This slight uptick came...
Zhongzhi Enterprise Group to Crash Global Stocks?
With summer drawing to a close, the market is entering one of its worst seasonal periods of the year. That's particularly troubling for bulls...
“Hot” PPI Puts Bulls in Danger
Stocks fell again this morning after the July Producer Price Index (PPI) was released. The S&P registered a drop of 0.3%, heading toward a...
The Fed’s “Favorite Inflation Gauge” Is Rising Again
Stocks reacted positively to the latest batch of inflation data as the Dow Jones, S&P 500, and Nasdaq rose by 0.6%, 0.6%, and 0.8%...
Everyone’s Watching the July CPI
Stocks slipped this morning as Wall Street braced for new inflation data, due out tomorrow. The Dow Jones fell by 0.4%, with the S&P...
US Labor Is Cooling Far Faster Than You’d Think
Strong tech earnings brought a surge of optimism to Wall Street this morning despite a "stagflationary" jobs report that fell short of predictions. The...
Wall Street “Splinters” In Response to Fitch Downgrade
In an unexpected mid-week market development, the stock market witnessed a decline as Wall Street shifted to a more cautious stance. This change in...
Bad JOLTS Sends Stocks Lower
Stocks began August with a minor setback as investors maneuvered through a barrage of corporate earnings and economic data.
The S&P fell 0.3% while the...