Monday, November 22, 2021

Why Powell’s Renomination as Fed Chair Is the Only News That Matters

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?

Why Powell's Renomination as Fed Chair Is the Only News That Matters

November 22, 2021

There is a ton of meaningful economic data coming out this week... Under normal circumstances, that's where our focus would be.


But Monday morning's premarket announcement that Jerome Powell would — as expected — be nominated for another term as Chair of the Federal Reserve trumps all other news.


Markets initially jumped on the news but have since fallen back to flattish on the day.


But there's one "market" that has continued to absolutely rip… interest rates..

How Does It Affect Us?

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Wall Street knows the key way to beat inflation is by trying to flood the stocks that are set to outperform.

It just makes sense... 


But what if I said there's a way to uncover those stocksbefore the giant surge? 


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Everyday traders can follow along now! 

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Fed Chair Drama Overshadowed by Climate Bill, Oil Price Dip

November 19, 2021

What I expected to be a down day for markets featuring some heated debate over the next Chair of the Federal Reserve... instead went in a thousand different directions.

Continue Reading

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