Powell speaks in Jackson Hole — What to know in markets Friday

August 22, 2019 By: Todd Mitchell

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China’s currency is at its lowest level in a decade — and US exporters will pay the price

By: Todd Mitchell

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Volatility Giving Neutral Reading Ahead of Fed News

By: Amy Noon

U.S. markets were tentative on Thursday while trading on both sides of the ledger as Wall Street awaits Fed Chairman’s comments from the annual central banking symposium in Jackson Hole, Wyoming on Friday. An early session inverted yield curve caused some nervousness as algorithms triggered to create some selling pressure as the 10-year treasury yield briefly fell back below its 2-year...

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Bank of America’s CEO has one simple reason why he doesn’t see a recession looming

August 21, 2019 By: Todd Mitchell

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Fed sees tariffs as ‘persistent headwind’ to economic growth

By: Todd Mitchell

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Bulls Recover Prior Resistance on Soft Fed Speak

By: Todd Mitchell

U.S. markets closed higher on a Monday for the first time in a month on hopes that the Fed's Jackson Hole Symposium will see central bankers outline further steps that can be possibly taken to support economic growth, if needed.The upcoming U.S./ China trade talks were also a source of optimism after Commerce Secretary Wilbur Ross said the U.S. will extend a major Chinese Tech company’s license...

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