DJIA: 43,153 The problem for stocks of late … bonds. Graphically, TLT (87) and IEF (92), the 10-year and 30-year pretty much tell the story. Long rates are moving higher, and they have been doing […]
The stock market made a steady string of all-time highs in the first half of December. But equities lost their luster after the December FOMC meeting held on December 17-18. The news from Chair Jerome […]
January 2025 Equities were more volatile in the second half of December after Federal Reserve FOMC meeting. Fed Chair Jerome Powell cut the fed funds rate 25-basis points, which was expected, but lowered the number […]