A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
Continue reading “Weekly Market Insights: White Hot Inflation Report Alarms Investors”
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.
Continue reading “Weekly Market Insights: Markets Upbeat, Despite Gloomy Inflation Talk”
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.
Continue reading “Weekly Market Insights: Markets Sag, Job Numbers Soar”