Bill Poulos
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...
Is Inflation Going Down? Yes, but It Could Rise Again, and...
The market climbed this morning to finish off another very strong week. This came as the core PCE Deflator, a key inflation measure monitored...
Q2 GDP Was Probably “Fake News,” Here’s Why
Stocks climbed even higher today as the S&P jumped 0.4% in response to Meta earnings and an encouraging GDP. The Dow traded flat while...
Get Ready for a Wild Powell Press Conference
Stocks slipped today as Wall Street mulled over Big Tech earnings and prepared for the Fed's impending rate hike. The Nasdaq Composite underperformed, declining...
Big Tech and Powell Could Spark a Stock “Melt-Up” Tomorrow
The Dow Jones Industrial Average gained again this morning, continuing its longest winning streak in over half a decade while traders sifted through earnings.
The...
Goldman’s Top Clients Are Ready to Join the Rally Again
Stocks saw a positive uptick this morning as the Dow remained on track for its longest winning streak since February 2017. Today's gain kicked...