by Tangle Logics | Sep 5, 2022 | Blog
Jeromy Powell’s message is clear: Interest rates will remain high until inflation drops and stays low. that was well received by the the market as S&P500(SPX) tagged its 200 MA and tumbled right after in mid-August made the half of 2022 worst in 50 years. If...
by Tangle Logics | Sep 5, 2022 | Blog
The Nasdaq Composite was up 12.3% in July, one of the best months for the index in history. The market seemingly anticipate that the Fed would soon begin to back off from its aggressive rate hiking plan as inflation concern aggravated while inflation continue to ease....
by Tangle Logics | Sep 5, 2022 | Blog
The Fed was used to be optimistic that inflation could be tamed without sending the economy into recession. However, the Atlanta Fed’s GDPNow measure sees second-quarter output contracting by 2.1%, along with the first-quarter’s decline of 1.6% that would fit the...
by Tangle Logics | Sep 5, 2022 | Blog
the market halted its rebound that started from May 20th as Friday’s strong job report suggests that the labor market — and in turn the US economy is as strong as we’ve seen in years. in other words, a report that’s better than merely good could prompt the...