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Trading Desk: The Fed Isn’t Done
Bank of America CEO Brian Moynihan recently expressed his support for Federal Reserve Chair Jerome Powell, downplayed concerns about the Fed’s independence, and offered his
Trading Desk: Can Earnings Guidance Show Us The Future?
Earnings guidance. It’s become a staple in the financial world, a regular ritual accompanying every quarterly earnings report. But this seemingly modern practice of companies
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Trading Desk: Aggressive Rate Cut Is a Mixed Bag of Signals
In a somewhat surprising turn of events, the Federal Reserve announced a 0.50 percentage point interest rate cut, exceeding market expectations. This first rate cut since March 2020 was met with a flurry of activity on Wall Street, causing a brief surge in the Dow
Trading Desk: A Tale Of Two Markets
A week ago we would have said that the Magnificent 7 were the only thing holding the market back from all time highs. Now most of those stocks have come ROARING back as the dust from NVDA’s post-earnings selloff settles and lazy investors are once
Trading Desk: High Rates Crushing The Federal Budget
The latest Treasury Department report delivers a sobering wake-up call to the nation: the U.S. government is on track to spend an unprecedented $1.2 trillion on interest payments this year. That’s right, trillion with a “T.” This staggering sum surpasses the entire military budget, marking
Trading Desk: Does The Fed Go Big?
The Federal Reserve is about to make a decision that could send the stock market into a frenzy. It’s a high-stakes game of chicken, with the Fed trying to balance the need for economic stimulus with the fear of inflation. A big rate cut, like
Trading Desk: Get Ready For Big Cuts
Billionaire investor John Paulson recently made waves by predicting that the Federal Reserve will significantly cut interest rates in the coming months. He anticipates the federal funds rate to drop to around 3%, possibly even 2.5%, by the end of 2025. This forecast comes at
Trading Desk: The Fed’s Soft Landing Is Here
The US economy seems to be skating on thin ice, with potential cracks appearing despite the optimism about a soft landing. Rising unemployment rates and high earnings expectations raise concerns about a looming recession. While some economists dismiss the importance of rising unemployment, history suggests