The stock market desperately wants to put in a low. The Federal Reserve won’t let it.
You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains strong, as jobless claims fell below 200,000 for the first time since May, a sign that the Fed will have to keep raising interest rates to slow down inflation. On the other hand, the rest of the world seems on the verge of imploding, with the mess in the United Kingdom serving as Exhibit A.
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President Biden hailed a rare example of bipartisan cooperation in Washington on Friday, saying in his first prime-time address from...
© Reuters. FILE PHOTO: Toyota Motor Corporation President Akio Toyoda attends a press conference over rigging safety tests by its...
The stock market rally showed growing momentum this past week, with the major averages all making big moves. Dow Jones...
With electric vehicles now mainstream, Tesla (TSLA) continues to evolve from an EV pioneer making cool cars to a settler...
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