Good evening, TSPwire Tactical Investor!
US Stocks had their best two weeks since 2004. Euphoria started immediately after the Federal Reserve board announced decision to cut its key interest rate by 0.5%, sending stocks up.
It looks like hopes for Federal Reserve interest-rate cuts can carry stocks only so far.
In addition, the dollar hit a low against the euro amid worries that the economy is weakening. Expectations that the Fed will cut interest rates at its Tue ...
Small but unexpected drop in employment increased concerns about economic growth in US. Stocks fell and Treasury securities rallied Friday as investors look for safe harbor. Rising prices sent yields on two-year and 10-year Treasury notes to their lowest level in more then 18 months.
Economists surveyed by Briefing.com expected the GDP to be revised up to 4.1 percent for the quarter from April through June 30, from its previous estimate of 3.4 percent.
The GDP is the broadest measure of the nation's economic activity.
International trade and business investment were strong, while housing showed continued weakness.
After the volatile August major stock indexes ended up in positive territory. Economic data released Friday and a speech by Federal Reserve Chairman Ben Bernake fueled hopes that the central bank will cut its key interest rate target. Analysts say a lot could still go wrong in the early par ...
Great news!!! Insider stock buys hit 4 year high! That’s a VERY bullish sign of recovery and our current allocation is definitely aligned to benefit from that surge.
According to the Financial Times total insider buying in the
C Fund $18.90
S Fund $22.57
I Fund $26.98
It is too early to say if recent rate cut improved situation on the credit market. It might take weeks or even months before we will see some distinctive signs of improvement.
Did not we say so? Last week in our newsletter we said:
... the Federal Reserve artificially improved liqui ...
Highest jump in 5 years and second worst drop since February occurred in the last 5 days?.. We survived another volatile week on Wall Street. Good news is that we didn’t loose money. Bad news is that we did not earn money either.