week039s

Fed Chairman Goolsbee says he was 'confused' by last week's market reaction

A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after stocks and bonds rose sharply. The Fed voted last week to keep interest rates stable again, and its updated forecasts showed three rate cuts are expected in 2024. This led to a rally in stocks … [Read more…]

Stock futures rise Friday as Dow looks to build on this week's record rally: Live updates

53 minutes ago Investors welcome “new paradigm,” says Vital Knowledge According to Vital Knowledge’s Adam Crisafulli, this week marked a big change for the stock market that could push share prices even higher. “Stocks in general are extending gains as investors embrace the new paradigm in which monetary policy around the world is finally turning … [Read more…]