Tag: dow
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Dow Jones hits new record highs as Fed dot plot shows three rate cuts in 2024.
Recent price action on US stock markets indicated that investors were expecting a dovish Fed. In fact, we have already discussed the major shift in Fed Fund Futures probabilities being the factor in stock markets rising. Even with Powell indicating that the Fed will be pragmatic and more rate hikes may be needed, it seems…
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The ultimate Fed Put, soaring precious metals prices – not enough gold and silver coins to go around
Though the U.S. Congress has yet to agree on a bailout package, it’s working on an unprecedented spending bill to prop up a dying economy. We’re talking somewhere in the neighborhood of 2 Trillion dollars. With interest rates at historic lows, this is shaping up to be the ultimate Fed Put. A battery of Bofors…
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The shortest correction in market history?
“This was the shortest correction in market history…” is the first thing that crossed my screen when I woke up this morning (Tuesday, March 3), pre-open for the North American markets. The broader markets, attempting to price risk into this environment of extreme volatility then went on to chop lower off the open. This, after…
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A “skies the limit” stock market = a house of cards?
Lately, I’ve been making a point of asking those around me, when the conversation inevitably turns to stocks, “what’s your current exposure to equities?” Some people don’t have a ready answer to that simple query. Some have a general idea, but many don’t have a clue as to how they are positioned among the various…