Financial Astrology

The cost of money rises again as Fed hikes rates by another 50 basis points

US stocks fell today as Fed Chair Jerome Powell hiked rates by 50 basis points and reaffirmed his commitment to ...

Stocks rally after Powell signals slower pace of rate hikes

(30 November 2022) Stocks rallied today after Fed Chair Jerome Powell suggested that current economic circumstances may justify a smaller ...

Stocks rally into Thanksgiving and the Jupiter direct station

(23 November 2022) US stocks extended their rebound Wednesday as Fed minutes suggested a willingness to slow the pace of ...

US midterm election outcome still undecided

(9 November 2022) The outcome of yesterday’s US midterm elections remains unknown today as many races are still too close ...

Stocks tumble as Fed raises rates 75 basis points

(2 November 2022) US stocks sold off on Wednesday after comments by Fed Chair Jerome Powell effectively took the prospect ...

Lunar eclipse casts shadow over US midterm elections

(26 October 2022)  With the approach the US midterm elections on Nov 8, polls are predicting a close race with ...

Stocks bounce on earnings optimism; UK inflation weighs

(19 October 2022) Stocks have moved higher this week on optimism that earnings season may bring better than expected results.  ...

US stocks fall to new lows ahead of CPI inflation data

(12 October 2022) US stocks closed at a new low for the year today as wholesale PPI inflation came in ...

Stocks rebound as inflation worries ease

(5 October 2022) US stocks have staged an impressive 5% rebound so far this week after easing inflation concerns saw ...

Ukraine crisis escalates after sabotage of Nord Stream pipeline

 (28 September 2022) The Ukraine crisis has taken a dangerous, new turn this week after the apparent sabotage of the ...

Stocks fall as Fed hikes rates another 75 points

(21 September 2022) The Federal Reserve surprised no one today by hiking interest rates another 75 basis points in its ...

Stocks plunge on rising US inflation

(14 September 2022) Stocks have fallen sharply this week as Tuesday’s CPI number for August came in higher than expected.  ...

Stocks rally as oil tumbles on China slowdown worries

(7 September 2022) Following their August decline, stocks have traded mostly higher so far this week following the Labor Day ...

Europe’s energy crisis deepens as Russia halts gas flow

(31 August 2022) The crisis in Europe only seems to go from bad to worse.  Russia’s invasion of Ukraine initiated ...

Markets await Powell’s Jackson Hole speech

(24 August 2022) Stocks look more vulnerable here in the waning dog days of summer as inflation remains a primary ...

Recession risk increasing as Fed maintains tighter monetary policy

(17 August 2022) As the rising cost of living forces consumers to cut back on spending, it seems the risk ...

Trump’s Mar-a-Lago raided by FBI

(10 August 2022) The US political landscape has been turned upside down following the FBI’s raid on former President Trump’s ...

Stocks choppy ahead of Friday’s US jobs report

(3 August 2022) Stocks have been choppy to start the month of August as strong corporate earnings have mostly offset ...

Fed hikes rates 75 basis points amid recession talk; stocks rally

(27 July 2022) What is a recession?  Up to now, economists have defined it as two straight quarters of negative ...

Markets push higher ahead of ECB and Fed meetings

 (20 July 2022) Financial markets are still in rebound mode this week as investors await the outcome of tomorrow’s ECB ...

Euro falls to parity with US dollar as energy crunch cuts growth

(12 July 2022) It was an historic day on currency markets today as the Euro fell to parity with the ...
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