Michael James
Core PCE Deflator Points to Rate Hike on May 3rd
Stocks gained again today despite opening moderately lower. The Dow, S&P, and Nasdaq Composite initially slumped in response to an Amazon (NASDAQ: AMZN) earnings...
Consumer Confidence Index Reveals Stagflation Worries
Stocks fell this morning as the market awaited Big Tech earnings, due out over the next few sessions. The Dow, S&P, and Nasdaq Composite...
S&P Global Reveals Big Inflation Surprise
Stocks fell slightly this morning as earnings disappointed again. Banks got earnings season off to a good start, but the big "beats" have declined...
Stocks Tread Water Ahead of May FOMC
Stocks opened lower this morning before rallying to trade flat through noon. The Dow held on to a small loss while the S&P and...
Treasurys Are Pointing to a Stock Market Selloff
Stocks slipped this morning in response to the latest batch of corporate earnings, which painted a mixed economic picture. The Dow, S&P, and Nasdaq...
CPI/PPI Spread Hits Record High, Stocks Surge
Stocks rebounded today in response to a cooler-than-expected March Producer Price Index (PPI) as Big Tech soared. The Dow, S&P, and Nasdaq Composite all...
B of A’s Michael Hartnett: “Sell the Last Rate Hike”
Stocks traded flat today as investors awaited the March Consumer Price Index (CPI), due out tomorrow morning before the market opens. The Dow gained...
Is the Jobs Report Accurate? March’s Adjustment Raises Serious Questions
Equity markets were closed for Good Friday, but S&P 500 futures and Treasury yields both ticked higher in response to an as-expected March jobs...
BLS Stuns Market With Initial Jobless Claims Adjustment
Stocks opened lower today before rallying for a small gain by the close. The Dow traded flat while the S&P and Nasdaq Composite both...
JOLTS Miss Confirms “Bad News Is Bad News” for Stocks
Stocks tumbled today after shockingly bad economic jobs data was released this morning. The Dow, S&P, and Nasdaq Composite all fell despite a sinking...