The Latest Breaking News from Powell

The Fed could have a plethora of issues on their hands, including a debt limit standoff.

The stock market (SPY) is at a fork in the road coming into the 2/1 Fed announcement at 2pm ET. However, in this case there are 4 different directions stocks could head from here and thus 4 trading plans you should be aware of now. 40 year investment pro Steve…

Legal experts say Trump and his associates may be liable in Dominion's $1.6B defamation suit based on report

A lot has happened since my stock market (SPY) commentary last week! We nailed the interest rate hike — 50 bps, as everyone expected — and I was right that the dot plot and post-meeting commentary would spoil the party. This has certainly been a market where any bad news…

In last week’ s commentary I said “It feels like the S&P 500 (SPY) wants to be bullish, but everyone is extremely anxious… like we’re collectively holding our breath, waiting for the next shoe to drop”. Well drop it did, and hard, with the broader indexes falling considerably on Thursday…

Does targeting 2% inflation make sense in our current economic environment? Not if you ask Bill Ackman.

Last week, I discussed all of the reports we had coming due before the Fed's December meeting (and rate hike announcement)...including the very important Consumer Price Index (CPI) report that was released this morning. It felt premature to send out my pre-Fed meeting market commentary before that last important inflation…

As attacks mount, advocates say the government must do more to combat hate speech and gun crimes.

One has to laugh at the macho stock rally the bulls pulled off last week as they ONCE AGAIN misunderstand the statements of the Fed. As clearer heads prevail the stock market (SPY) have erased all of last weeks gains and then some. That is the past. What matters is…