For too long, investors (speculators) have relied on the Federal Reserve to prevent any and all economic speed bumps to keep stock prices propped up. The so-called "Fed Put" just celebrated its 25th anniversary on Saturday. Not sure what I'm talking about? If you have a WSJ Subscription you can
Tag: Federal Reserve
Throughout the last 6 months, the stock market has been hoping for a "goldilocks" scenario. With the Fed raising interest rates aggressively to fight inflation, the market participants were looking for any sign the economy was slowing enough to cool inflation, which in turn would lead the Fed to backing
If I told you at the start of the year we'd have the second largest bank failure in the history of our country in March, you'd probably expect the stock and bond markets to have a rough quarter. While we saw a short sell-off, stocks finished the month with a
The markets appear to be stabilizing. The thought is the Fed, FDIC, and Treasury Department have successfully eliminated the risk of another financial contagion. I said last week, "We shouldn't take a move up in prices as a sign the crisis is over. There will be more companies who run
After the Silicon Valley Bank failed, we created a 8-part series to break down why banks fail. Check out all the videos in the series below: