The Fed interrupted the stock market’s Trump rally. What comes next?
The stock market rally takes a breather. Now it’s at the mercy of the bond market as investors weigh Donald Trump’s economic plans and what they mean for interest rates.
The stock market rally takes a breather. Now it’s at the mercy of the bond market as investors weigh Donald Trump’s economic plans and what they mean for interest rates.
Investors asked themselves whether the postelection rally could continue, and if Trump is really as good for the market as some think.
“I am willing to put in an extra 1 to 4 years of schooling and use student loans to pay for it.”
“I have very high limits, so charges barely make a blip on my credit-utilization ratio.”
All-time highs were made, but not with the broad market participation you want to see.
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about how much lower interest rates can go starting next year.
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t in a hurry to cut interest rates again.
“I’ve thought about CDs, money-market and mutual funds.”
Networking company sees a 20% boost in product orders for the latest quarter.
Using celebrity endorsers like Bill O’Reilly and buying ads targeting conservatives and immigrants, a New Jersey real-estate investment company promised huge returns but stole millions.