Stock Market Is Booming but UBS Strategist Warns Fed Put Lost Power

Published: 18/06/2019 15:45 EST. Journalist: By CCN Markets: The stock market is close to record-setting highs, yet one Wall Street strategist says don’t believe the Fed hype. UBS Group’s head of equity strategy, Francois Trahan, has a warning for investors – the Fed doesn’t pack quite the same punch as it used to. According to […]

Dow Holds Tepid Gains as Fed Eyes First Rate Cut in 11 Years

Published: 17/06/2019 15:30 EST By CCN Markets: The Dow and broader U.S. stock market rose on Monday, as investors shifted focus to a high-profile central-bank meeting that could lay the groundwork for the first interest rate cut in more than a decade. Dow Holds Gains; S&P 500, Nasdaq Follow All of Wall Street’s major indexes […]

Hidden Economic Boom Won’t Stop Fed Rate Cut

By CCN Markets: The Dow Jones bounced back into recovery mode on Thursday, regaining its momentum from an initial breakout above 26,000 last Friday. Heading into the afternoon session, the Dow had gained 53.54 points or 0.21 percent to trade at 26,058.37, and analysts say that there are ample reasons for it to continue to […]

Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

 By CCN Markets: The Dow and broader U.S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session […]

Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

 By CCN Markets: The Dow and broader U.S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session […]

Trump Rails at Fed for Wiping 10,000 Points Off the DJIA

By CCN: President Donald Trump doubled down on his longstanding claim that the stock market would be 10,000 points higher if the Federal Reserve hadn’t raised interest rates during his first term. President Trump: I Built This Economy In an interview with Fox News’ Laura Ingraham on the 75th Anniversary of D-Day, Trump assured viewers […]

Dow Clambers Higher as Fed Sharpens Knife for Impending Rate Cut

  By CCN: The Dow and broader U.S. stock market extended their winning streaks on Thursday, as Federal Reserve officials began preparations for a high stakes policy meeting later this month. If the Fed is willing to cut interest rates in July as markets believe, then evidence to that effect will likely materialize later this […]

Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

By CCN: The Dow and broader U.S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting. Markets are now being driven almost entirely by hope even as the Department of Justice and Federal Trade Commission continue to […]

Dow Booms on Fed Bailout, But Trump’s Ruthless Threats Spoil the Party

By CCN: The Dow bounced by triple digits for the second consecutive day on Wednesday, as the stock market looked to assemble a June winning streak to reverse the fallout from a brutal May. However, as investors pine for a Federal Reserve “bailout,” Donald Trump’s latest international threats and scattershot economic strategy could once again […]

Dow Futures Surge as Billionaire Investor Speculates Fed Rate Plunge to Zero

By CCN: Dow Jones futures carved out a spirited triple-digit rally in early trading on Tuesday as the market priced in a more dovish Federal Reserve policy. Traders now expect a series of interest rate cuts at the Fed beginning as soon as July. One billionaire investor said the Fed could even slash the fund […]