Chicago Fed President Charles Evans said, “I readily admit – I have to be humble about this – I did not expect the inflation rates that we’re seeing and they have lasted longer than I Read more…
Richmond Fed Bank President Thomas Barkin said yesterday, “the closer that inflation comes back to target levels, the easier it will be to normalize rates at a measured pace,” “But were inflation to remain elevated Read more…
Inflation is a hot topic and will likely dominate the agenda for most of the year. Yet despite rising to 7.0%, the highest print since the 80s, the CPI measure of inflation failed to have Read more…
USDJPY broke daily up channel Likely to fall to support level 113.50 USDJPY currency pair recently broke the key support level 114.50, intersecting with the daily up channel from November and the 50% Fibonacci correction Read more…
Gold reversed from resistance level 1826.71 Likely to fall to support level 1800.00 Gold recently reversed down from the pivotal resistance level 1826.71, intersecting with the daily upper daily Bollinger Band and the 61.8% Fibonacci Read more…
After days of talks between Russia and NATO allies over Russian forces on the Ukraine border, both sides walked away without any kind of agreement. Russia will not begin discussions without NATO and the US Read more…
One day after the US released CPI, the Producer Price Index (PPI) was released. The data showed that PPI increased by 9.7% YoY in December vs 9.8% expected. However, the November print was revised up Read more…
Tech giants have failed to turn over information about plotting and coordination of insurrection on their platforms, committee alleges. Meta’s (MVRS) – Get Meta Report Facebook, Alphabet’s (GOOGL) – Get Alphabet Inc. Class A Report Google, Twitter Read more…
The review will include allegations that a board committee investigated beginning in 2019 involving Bill Gates. After months of criticism and passage of a shareholder resolution, Microsoft (MSFT) – Get Microsoft Corporation Report has finally decided Read more…
The biggest gathering of Disney fans in the world is on track to take place again in September. After two years of pandemic-related delays and pushbacks, Disney (DIS) – Get Walt Disney Company Report plans to Read more…