The
Wall Street Journal had a piece over the weekend from Nick Timiraos,
who has gained a reputation as a Federal Reserve ‘insider’.
Timiraos wrote suggesting higher rates from the Federal Open Market
Committee (FOMC), rates...
The US stocks continued their move to the upside despite some concerning earnings from Amazon after the close yesterday. That was offset by Apple whose earnings and guidance was better than expectations. This...
US PCE REPORT KEY POINTS:September U.S. consumer spending advances 0.6% on a monthly basis, versus 0.4% expectedCore PCE, the Fed’s favorite inflation gauge, climbs 0.5% month-over-month, pushing the annual rate to 5.1% from...