Straight A Student? Lately, it seems like both the bulls and the bears are getting louder. July’s market washout in semiconductor stocks was a point for the bears’ version of events, while bulls are being emboldened by more impressive tech earnings and market strength from other sectors. It’s a compelling tug of war between the…Read more
Fresh off last week’s Federal Reserve decision and mega-cap tech earning bonanza, the labor market gets an updated read. At a Glance Without question, the main event this week comes Friday when the July employment report drops. Nonfarm payroll growth, wage growth, and the unemployment rate will all be sliced and diced by economists and…Read more
A Fed Family Fight Last month Federal Reserve Chairman Kevin Warsh said he would welcome a “good family fight” about monetary policy, and he got one. The Fed left interest rates unchanged this week, but three of the 12 voting members dissented in favor of a rate hike. Warsh’s second press conference as Fed chairman…Read more
