US stocks get hot as inflation cools by more than expected
The extended its premarket gains after inflation data came in well below economists’ expectations, offering some fresh justification for the interest rate cuts already delivered by the Federal Reserv...
Double dose of long-delayed jobs data weighs on US stocks
A messy trove of jobs data landed Tuesday morning with the release of nonfarm payrolls for October and November, showing a higher-than-expected unemployment rate of 4.6% in November. The US unemployme...
S&P 500 closes just shy of record as the Fed cuts interest rates
All major US indexes climbed higher as the Federal Reserve lowered its policy rate by 25 basis points to a range of 3.5% to 3.75% in its final scheduled meeting of 2025. The Russell 2000 outperformed,...
Federal Reserve lowers policy rate by 25 basis points, dot plot signals 25 basis points in cuts for 2026
The Federal Reserve lowered its policy rate by 25 basis points to a range of 3.5% to 3.75% in its final scheduled meeting of 2025. The move was nearly universally expected by both economists and predi...
It’s cyclicals over speculation ahead of the Fed meeting
“Sell your high-flying winners and speculative stocks ahead of the Fed, but the US economy is fine” seems to be the market narrative du jour. The likes of , , , , , and all fell at least 2.5% in ear...
Bitcoin rebounds but FOMC will set tone for Santa rally
Bitcoin has rebounded to its highest price since mid-November, crossing $94,000 ahead of the Fed’s expected rate cut today. The asset is increasingly trading within a macropolitical supercycle in whic...
Bitcoin will “snapback or chop ahead of the Fed” decision
Bitcoin rebounded over the weekend, crossing $92,000 , but the asset is still down 28% from its October 6 all-time high and has erased all gains for the year. Analysts expect more volatility ahead of ...
Bank of America joins consensus on quarter-point Fed cut this month
Bank of America analysts clambered aboard the bandwagon expecting a rate cut at the conclusion of the Fed’s two-day meeting next Wednesday. In a note published Monday, they wrote: “Several factors dr...
Bitcoin’s bloodbath slowed by Fed optimism, but as Citi analysts put it, crypto is “having a bit of a meltdown”
fell to below $81,000 early Friday morning, its lowest level since April and its worst monthly decline since the 2022 crypto winter. It slightly rebounded after a Fed governor’s comments upped hopes f...
Stocks, bitcoin, and rate cut odds jump as New York Fed President John Williams signals support for “near term” rate cut
New York Fed President John Williams said he “fully supported” recent rate cuts by the central bank and is in favor of an additional reduction in the “near term.” Per the prepared remarks of a speech ...
Bitcoin on its way to worst Q4 since 2018 as analysts see key signal for “bitcoin bear market”
fell to a seven-month low of $88,522 on Wednesday but saw a surge above $92,000 that night following the blowout earnings report . It seems dour jobs data raising the odds of a December Fed rate cut h...
Odds of December Fed cut creep higher after unemployment rate unexpectedly rises in September
The September jobs report was a mixed bag: much better job growth than anticipated, but the unemployment rate unexpectedly edged higher. The release of this data, which was delayed by the government s...
December rate cut odds creep lower with Federal Reserve hawks out in full force
The Federal Reserve’s more hawkish officials are out in force today making the case against any further easing in monetary policy, and in some cases, voicing disagreement with the cut delivered this w...
S&P 500 finishes flat on December rate cut doubts, but tech bolsters Nasdaq 100
The Federal Reserve delivered its second rate cut of 2025 as expected, taking its policy rate down 25 basis points to a range of 3.75% to 4%. Officials also said they plan to stop reducing the size of...
Federal Reserve cuts rates and signals end to quantitative tightening
The Federal Reserve delivered its second rate cut of 2025 as expected, taking its policy rate down 25 basis points to a range of 3.75% to 4%. Officials also said they plan to stop reducing the size of...
Bitcoin rises as China talks, Fed cut trigger risk appetite
reclaimed $115,000 over the weekend and is up 1% in the past 24 hours as optimism over trade talks with China and the impending Fed rate cut decision on Wednesday are buoying market risk appetite. Geo...
S&P 500 ends the week with record closing high
A softer-than-expected CPI inflation report for September sent stocks off to the races on Friday, with the S&P 500 and Nasdaq 100 setting fresh intraday and closing record highs. The benchmark US stoc...
Softer inflation means higher conviction in Fed easing, per prediction markets
A cooler-than-expected inflation report is fueling more confidence in additional Federal Reserve easing through year-end. CPI rose 0.3% month on month in September, while its core measure of inflation...
Fedspeak in line with market’s view on rate cuts
Comments from Federal Reserve Gov. Christopher Waller Thursday calling for another quarter-point rate cut is in line with views from both financial and prediction markets.
“Follow the feds” replaces “follow the Fed” as financial market maxim
The concept that investors should “follow the Fed” explains how risk appetite rebounds from its nadir during times of extreme market stress. The US central bank purchases Treasurys after liquidity and...