The stock market

the RW mods don't like this lol

WRONG, we just don't like the inevitable slide into politics, and if you children don't start playing nice here, you can play in the cornfield...
 
Last edited by a moderator:



Stocks finished this past week deeply in the red, as banking stocks tumbled under the weight of news of SVB collapse, pushing the broad indexes down.





This week, we’ll receive a slew of important economic reports. It’s worth watching for the following economic news items, as all of them can prove to be major market movers. For a full listing of all upcoming economic events, check out TipRanks’ Economic Calendar.





The U.S. February CPI inflation, which will be reported on Tuesday, is expected to decline to 0.2% month-on-month and 6.2% year-on-year, versus January’s 0.5% and 6.4%, accordingly. If the numbers come down as expected, it would provide a signal that previous Fed rate hikes are bearing fruit, leaving room for a smaller hike in the next Fed’s meeting on March 21-22.





On Wednesday, we’ll get a glimpse of February’s Core Producer Prices (PPI) data, which is important as it serves as a leading indicator for the CPI, preceding consumer inflation by 1 to 3 months. The expectations are for a decrease to 5% from January’s 5.4%.





On the same day, we’ll learn whether the forecasts of a 0.1% monthly decline in February’s Retail Sales are correct. Sales surged 3% in January.
 
Every cloud has a silver lining and THE FED may now have to end rate increases and provide liquidity QE. If so BEAR MARKET over and rally back

This isn't your Grandpas MARKET ANYMORE....THE FED has a lot of tools...just like NYA :)
BINGO!!!!

Fed announces emergency lending facility to shore up US banks​

Subscribe to read | Financial Times

DOW FUTURES UP OVER 300 ALREADY
S+P OVER 50

bowing-thank-you.gif
 
📱 Fish Smarter with the NYAngler App!
Launch Now

Members online

Fishing Reports

Latest articles

Back
Top