The Latest Breaking News from Powell

The market is enjoying a nice bounce as the S&P 500 closed the last week above the 4,000 level. Next week will certainly prove to be important with a very important CPI report, an FOMC meeting, and options expiration which tends to exacerbate volatility. To recap how we got here:…

Cryptocurrencies have shown broad resilience since Powell’s hawkish comments last Friday. In fact, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and the rest of the gang have collectively outperformed equities over the past week.

Every article I saw today on Fed Chair Powell’s speech at Jackson Hole focused on the idea that raising rates will cause “pain” to the economy. This sparked a nasty -3.37% scalping of the S&P 500 (SPY) and having investors pondering if we are about to revisit the June lows.…

U.S. stocks extended losses toward the end trading, with the Dow Jones dropping more than 700 points on Friday.

U.S. stocks extended losses midway through trading, with the Nasdaq Composite dropping over 300 points on Friday.

Usually, Thursdays are a great day for commentaries, because Fridays tend to be low-volatility and volume days. Occasionally, this isn’t the case like today for instance. Tomorrow, there is the inflation report and Chair Powell’s speech at Jackson Hole. Both of these are going to be major factors in determining…

So holds a federal district court, also stressing that "this case does not involve banning books": "A school district does not 'ban' a book when ... it 'decides not to continue possessing [a] book on its own library shelves.'"

Alice Powell ended Jamie Chadwick's W Series winning streak with a lights-to-flag victory at the Hungaroring, fending off late pressure from the reigning champion to clinch the win.

Alice Powell has ended Jamie Chadwick’s W Series winning streak with a lights-to-flag victory at the Hungaroring, fending off late pressure from the reigning champion to clinch the win.