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The Federal Reserve’s (Fed) rate cut talk becomes chaotic and frankly, hard to follow. After the Fed signaled a possible end to its monetary policy tightening campaign and the European policymakers refused to adhere, some Fed members including John Williams and Raphael Bostic pushed back the Fed cut expectations. Alas, activity on Fed funds futures […]

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19/06/2024

Inflation in UK Hit BoE 2% Inflation Goal

Nvidia finally stole the title of the world’s most valuable company from Microsoft and Apple yesterday following a beautiful 3.5% rally that propelled the share price past $135 a share. The catalyst was just a bullish call from an analyst at Rosenblatt Securities who revised his PT up to $200 from $140 and said that […]
15/05/2024

Stoxx Europe 600: What Signs of Investor Exuberance Keep Telling Us

Every day, you read news stories about the state of the economy and the stock market affecting consumer and investor behavior. The story goes something like this: When the economy and financial markets show signs of improvement, consumers start to spend more, and investors buy stocks. But if you’re a student of Elliott waves, you […]
29/03/2024

S&P500’s Soft Growth Could Last for Months

The US equity market continued its upward trend, with the S&P500 rising 10.8% in the first quarter, exceeding the historical average gain for a full calendar year. We are even more impressed by the low volatility of the index since the end of January. The S&P500 has moved in a range of less than 2.5%. […]