Recession indicators are ringing loudly. Yet, the Fed remains focused on its inflation fight, as repeatedly noted by Jerome Powell following the March FOMC
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The Treasury market is sending its sharpest warning about recession risks since 1981. This week, the difference in the yield on 2-year and 10-year Treasury
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Federal Reserve Chair Jerome Powell told lawmakers on Tuesday interest rates are likely to rise more than previously expected as the central bank works to bring
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NOTE: The charts for this article are well-worth reviewing. Please click the link for the original article. History may be repeating history itself. At the
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For 2022, the S&P 500 fell -19.4% to 3,840, the Nasdaq -33.1% to 10,467, and the Dow -8.8% to 33,147. The IBD Mutual Fund Index declined -35%. The Fed initially
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The Federal Reserve raised short-term interest rates Wednesday by 0.50%, bringing benchmark interest rates to the highest level since 2007 while suggesting more
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The Consumer Price Index (CPI) in October reflected a 7.7% increase over last year and 0.4% increase over the prior month. Economists had expected prices to
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U.S. stocks fell as Wall Street reeled from assertions by Federal Reserve Chair Jerome Powell that hopes for a policy pivot were “premature” after the central
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The U.S. economy rebounded strongly in the third quarter amid a shrinking trade deficit, but the data overstated the nation's economic health as domestic demand
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Goldman Sachs slashed its year-end target for the S&P 500 Index to 3,600 from 4,300, arguing that a dramatic shift in the outlook for interest rates moving
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Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter - which missed by a landslide - and its withdrawal of full
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The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable. Lithium carbonate hit a fresh record of 500,500
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