The economy

Fed officials seem to have no idea what’s going on with US inflation, strategist says

by
Fed officials seem to have no idea what's going on with US inflation, strategist says

The Marriner S. Eccles Federal Reserve Building during a renovation in Washington, DC, US, Tuesday, Oct. 24, 2023. Valerie Plesch Bloomberg | Getty Images Federal Reserve officials appear to have “no idea” what’s going on when it comes to the US inflation outlook, according to Julian Howard, chief investment officer for multi-asset solutions at GAM. … Read more

5 things to know before the stock market opens on Wednesday

by
5 things to know before the stock market opens on Wednesday

Here are the most important news investors should start their trading day: 1. Data keeps circulating Shares rose on Tuesday S&P 500 AND Nasdaq Composite closed with new records, again. The broad index rose 0.25% while the Nasdaq rose 0.22% and the Dow climbed 0.17%. Investors are eagerly awaiting Nvidia’s earnings report on Wednesday. “People … Read more