For all the bank collapses, the plunging bond yields, the hammering in oil and mining stocks last week, US stocks actually rose. That’s a bullish signal says Adam Sarhan.
, the plunging bond yields, the hammering in oil and mining stocks and day-in, day-out volatility, Adam Sarhan puts last week’s market gyrations in the win column.Psychological Analysis: How to Make Money, Outsmart the Market, and Join the Smart Money CircleWhether the resilience persists is largely in the
Even if a spiralling crisis of confidence in the US banking system rattled investors, the moves in the Cboe Volatility Index didn’t necessarily show that. The VIX, Wall Street’s leading fear gauge, closed at 25.5 on Friday, below its average level last year. And a look at the so-called skew of the VIX also shows that anxiety is starting to subside.
Even with all the turmoil in the banking sector, markets aren’t anticipating the Fed to turn dovish all of a sudden. Traders are expecting a quarter-point hike next week to a range of 4.75 per cent to 5 per cent. They also anticipate the policy rate peaking in May.The catch for growth stocks is inflation remains an obstacle, meaning the Fed will likely be pressured to keep hiking well beyond Wednesday’s meeting, said Brian Frank, portfolio manager of the Frank Value Fund.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
University lecturer ‘deeply sorry’ for killing wife after argument, Melbourne court hearsAdam Brown has pleaded guilty to murdering Chen Cheng at their home in April 2022
Read more »
US border crisis affecting people ‘outside of border states’Wrong Speak Publish founder Adam B. Coleman says the US border crisis is starting to affect people “outside of the border states”. It’s affecting a lot of people in different places,” Mr Coleman told Sky News host James Morrow. “When demographics change in a wild way, people start asking questions as to what exactly is going on. And I think within the next couple years, you have to ask yourself, ‘where are these million plus people actually going?’”
Read more »
‘Imitation racism’: Finding ‘micro-aggressions’ in ‘anything and everything’Wrong Speak Publish founder Adam B Coleman says “imitation racism” is finding some sort of “micro-aggression” out of 'anything and everything'. This comes after NFL quarterback Colin Kaepernick accused his white adoptive parents of perpetuating racism due to comments about corn rows when he was a teenager. “When you run out of something and you have an entire industry predicated on having an endless supply of it, obviously at some point you’re going to manufacture it,” Mr Coleman told Sky News host James Morrow.
Read more »
‘The death of capitalism’: Biden bailout of SVB guarantees ‘liabilities’ of financial systemThe Biden administration bailing out Silicon Valley Bank sets a negative precedent and is regarded as the “death of capitalism”, says Washington Correspondent for The Australian Adam Creighton. “Of course, you have the US government…too afraid of the possibility of a financial crisis, which I think is a fanciful notion given how small these banks were,” Mr Creighton told Sky News host James Morrow. Mr Creighton said the US government has now guaranteed “all the liabilities of the financial system.”
Read more »
Suspicious financial activity reports on Biden family could derail ‘presidential chances’150 suspicious activity reports of the Biden family have been kept “under wraps,” and it includes an unexplained transfer of $3 million to the family, says Washington Correspondent for The Australian Adam Creighton. “It could be so bad that it derails his presidential chances,” Mr Creighton told Sky News host James Morrow. “Banks would have certain rules about large amounts going from certain companies to other people, maybe across borders, and they’d be flagged automatically.”
Read more »