March 13, 2023

Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by APEX Financial Group Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher....

March 6, 2023

Fed’s Reassurance Boosts Stocks Presented by APEX Financial Group A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq...

Fed Predicts More Rate Hikes in 2023

KEY POINTS Fed minutes released Wednesday indicated that officials are prepared to move ahead with multiple 50 basis points interest rate increases. In addition, the Federal Open Market Committee said policy may have to move past “neutral” and into “restrictive”...

February 27, 2023

FOMC Says Inflation Is Still Too High Presented by APEX Financial Group Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded...

Dollar Predicted to Remain Strong

NEW YORK, Dec 8 (Reuters) – A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it...