Wednesday, June 16, 2021

What to Expect From Inflation After Fed Chief Powell’s Speech

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

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June 16, 2021

Everyone has heard all about GameStop and its sudden, meteoric rise and 4,200% returns amid a massive short squeeze earlier this year.


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What to Expect From Inflation After Fed Chief Powell's Speech

OK, folks, the time has come... On Monday, I pointed out the three key factors that would have a major impact on the markets this week. As of Wednesday evening, all three have come to pass.


On Tuesday, the May retail sales report was released along with the Producer Price Index data (PPI). And Wednesday brought us the much-anticipated June 2021 Fed meeting.


As I've been saying for months — literally — inflation is the hot-button issue, and these three factors give us a good indication of where we're headed...


But before we get into what everyone's favorite former private equity partner, Federal Reserve Chair Jerome Powell, said after the meeting about inflation and interest rates, we should talk about the first two items from Monday's list…

A Look at Inflation Going Forward

The Top 3 Factors That Will Move the Market This Week

June 14, 2021

The S&P 500 has been making new all-time highs on a regular basis over the past few weeks.As such, it would be incorrect to say market action is bearish… That's just not the case.

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