Market Perspective: Ups and Downs

Market Perspective: Ups and Downs

From schwab.com

Lately it's felt like whenever we approach some degree of clarity on the economic situation, something unexpected occurs—and we're back to the drawing board. Take the past week. The Federal Reserve was firmly on the path to continued aggressive rate hikes thanks to strong economic data—until turbulence struck the banking sector. Meanwhile, China has been showing signs of stronger-than-expected growth, a surprise after the world's second-largest economy missed its growth targets last year. U.S. stocks and economy: Push and pull The outlook for the U.S. economy has become murky—again. First, Federal Reserve Chair ... (full story)

Thats true..but it seems like US dollar its struggling especially last week. Which made it obvious to buy abything against USD

- Older Stories
March US Consumer Sentiment Falls for First Time in Four Months But Inflation Expectations Improve
From usnews.com|Mar 17, 2023|1 comment
Consumers turned negative in March even as their expectations for inflation improved, according to the latest monthly survey from the University of Michigan. The university’s ...
WTI Crude Oil Bounces Off 15-Month Lows to Trade at About $66.75
From fxdailyreport.com|Mar 17, 2023
The WTI crude oil price on Friday plummeted to a new 15-month low of about $66.12, before bouncing back later to trade at $66.75. The light crude oil price seems to be trading ...
FDIC Weighs Holding Signature, SVB’s Underwater Assets to Help Auctions
From bnnbloomberg.ca|Mar 17, 2023
US regulators are considering retaining securities owned by Signature Bank and Silicon Valley Bank that sank in value as interest rates rose, eliminating one obstacle to a ...

- Newer Stories
McHenry, Waters Announce First Hearing on Silicon Valley Bank and Signature Bank Failures
From financialservices.house.gov|Mar 18, 2023|2 comments
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), ...
Market Rally Divided: First Republic Bank Dives After Hours; Fed Meeting On Tap
From investors.com|Mar 18, 2023
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, amid a divided market rally. The Federal Reserve meeting looms but it's already shaping ...
Trump Signals He Expects Arrest March 21 in Manhattan DA’s Probe
From bnnbloomberg.ca|Mar 18, 2023|15 comments
Former President Donald Trump said he expected to be arrested next week on New York charges and called for protesters to “take our nation back.” Trump said in a Saturday morning ...

Related Stories