The Federal Open Market Committee (FOMC) held the policy rate steady at the target range of 3.5%-3.75% for a fourth consecutive meeting. The move was fully expected by market participants. The post-meeting statement was significantly Read more…
Key Highlights WTI Crude Oil declined heavily below $88 and $85. A major bearish trend line is forming with resistance at $89.50 on the 4-hour chart of XTI/USD. Gold could extend gains if it settles Read more…
Forward guidance is out. Task forces are in. The Federal Reserve under Kevin Warsh’s one-month leadership as Chair isn’t providing the highly anticipated lower interest rates that consumers, businesses and investors initially expected earlier this Read more…
The title of the note says everything about the question Morgan Stanley is trying to answer. “Is Peace Mispriced?”, published June 16 by equity analyst and commodities strategist Devin McDermott, lands at the moment oil Read more…
When was the last time you talked to your banker face-to-face? Or even the last time you walked into a branch? For some Americans, it’s becoming less and less. A report from banking research firm Read more…
As a frequent cruiser, I’ve stopped noticing the difference between various fees depending upon what cruise line I’m sailing on. Yes, I’ll notice that MSC Cruises offers much cheaper drink packages than Royal Caribbean or Read more…
For years, Netflix (NFLX) has been trying to convince Wall Street that growth can still be driven by streaming size, global content, and pricing power. The argument is still valid, but that might not be Read more…
A country made up of more than 7,600 islands in the western Pacific Ocean, the Philippines has experienced a significant spike in tourist numbers as travelers come to experience everything from the country’s diving and Read more…
A longtime regional pizza chain is preparing to close its final remaining restaurant, ending a business that operated for more than five decades. While national brands, including Domino’s, Pizza Hut, and Papa Johns, have continued Read more…