Stocks Begin Fed Week Higher

Stocks Begin Fed Week Higher

Friends   Stocks moved higher in today’s trading session despite interest rates continuing to inch higher and the uncertainty of a Fed meeting this week. I say uncertainty in that it is known that the Fed won’t change the Fed Funds rate this week, but what messaging comes from...

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PPI Hotter Than Expected

PPI Hotter Than Expected

Friends   Another hotter than expected inflation number poses a problem for the “Fed is going to lower rates soon” crowd. Today it was the Producer Price Index which measures prices at the wholesale level. All of a sudden, we aren’t seeing the level of inflation fall anymore. That...

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Stocks Fall After Jobs Report

Stocks Fall After Jobs Report

Friends   Today’s jobs number came in higher than expected, 275,000 new jobs created in February vs. the 198,000 expected. But, and this is actually probably good news for stocks, last month’s blowout number was revised down. Also, probably good for stocks was the unemployment rate ticking up to...

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