26 December 2024

Howe Street Reporter Title

Tag: interest rates

  • Stock markets pop on ‘goldilocks’ jobs report

    Stock markets pop on ‘goldilocks’ jobs report

    US nonfarm payrolls (NFP) was the anticipated data point for this week. NFP rose by 315,000 jobs in August just below the estimate for 318,000. This is well off the 526,000 print in July and is the lowest monthly gain since April 2021. The unemployment rate rose to 3.7%, two-tenths higher than expectations. Average hourly…

  • The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    In one word: bullish. The stock markets are loving the hawkish Fed. The Federal Reserve has raised interest rates by 75 basis points for the second consecutive time. The stock markets largely had this rate hike priced in. Fed futures had a near 100% probability of a 75 basis point hike and the Fed tends…

  • How Do Rising Interest Rates Affect You?

    How Do Rising Interest Rates Affect You?

    Shalom, my darlings. Since we last spoke, I’ve been extremely preoccupied changing my entire personality after spending exactly one month in Europe. I now wear a necklace engraved with my Hebrew name, begin my newsletters with “Shalom, my darlings”, and not-at-all casually begin every other sentence with “Oh, well when I was in Israel…” (strong…

  • Is this the best way to invest in gold and silver?

    Is this the best way to invest in gold and silver?

    We have a major week ahead with the Federal Reserve and potential confirmation of a US recession. Is now the time to look at gold? It gets a bit more complicated. Sure, money can run into gold when there is fear and uncertainty, but there are some typical money flow signs that I watch for.…

  • Have US stock markets established their bear market lows?

    Have US stock markets established their bear market lows?

    Have US stock markets bottomed? From a technical analysis perspective: yes, there is a very good chance they have. From a fundamental perspective: it gets complicated. If we consider fundamentals, there is a lot which can weigh in on markets. Some things to consider are: Earnings, China, Russia, Inflation, Interest Rates, Supply Chain Issues, European…

  • Stock markets are scary, but this market truly is frightening!

    Stock markets are scary, but this market truly is frightening!

    Stock markets are looking scary, but the debt markets are truly worrying. Before we get to the instability in debt, and what that means, let’s breakdown what is affecting markets. Not a surprise that inflation numbers came out higher than expected. Peak inflation narrative is quickly becoming the new transitory inflation. You will hear this…

  • Here’s why gold is heading higher and how you can profit from it: SIC.V, GMTN.TO and NSR.TO

    Here’s why gold is heading higher and how you can profit from it: SIC.V, GMTN.TO and NSR.TO

    The gold price has recently taken a hit. No problemo. The sell off occurred at a major resistance zone, and there is a chance the US Dollar might cause more pullback.  The real move has been in the bond market. Interest Rates are spiking. The 10 year yield is above 2.40%. What has kept gold…

  • Gold is getting interesting

    Gold is getting interesting

    Yesterday gold prices popped $25 to USD $1,418 as Federal Reserve Chair Jerome Powell made a case for lower interest rates. Many investors believe that lower interest rates will automatically push gold prices up, but in the last 50 years, the correlation has only been about 28%. “We see the case for a somewhat more…