The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

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…

Australian shares suffer losses for fourth straight day

Disney and Amazon slide on disappointing holiday sales as investors await the elusive Santa Claus rally.

With inflation showing signs of cooling down, the Fed raised its benchmark interest rates by 50 bps last week and indicated plans to keep increasing rates through 2023, with no reductions until 2024. Given a stable demand for their products, fundamentally sound consumer stocks Ambev S.A. (ABEV), Kellogg (K), and…

Disney weighed on the Dow Jones after Avatar 2 missed box office numbers.

Asian stock markets have fallen for another day as investors wrestle with fears the U.S. Federal Reserve and European central banks might be willing to cause a recession to crush inflation

The ASX ends its day slightly lower, while Star Entertainment shares plummet after NSW flags its plan to hike casino tax, Elon Musk offers to resign as Twitter CEO, and David Jones is sold to a private equity firm.

Stocks should rise in 2023, but it will be a wild ride for investors, according to Wall Street analysts.

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…

Higher interest rates could lead to stock market swings and changes in the value.

The SET index gained early this week before swinging down to around the 1,620 level after the US Federal Reserve's latest interest rate decision. Investors are now worried that the pace of rate increases will not slow as much as the market had expected earlier.