All Eyes (and Ears) Are on the Federal Reserve This Week by Louis Navellier June 18, 2019 The stock market was largely on “hold” last week in anticipation of the upcoming Federal Open Market Committee (FOMC) meeting and clarification of when the
Fed might start cutting key interest rates. Right now, the Fed Funds futures are signaling about a 74% chance that the Fed will cut rates at its late-July meeting. I think that a cut at the September meeting is much more likely, since President… Read More
Switch from Trade Fears to Rate-Cut Hopes Lifts Stocks by Louis Navellier June 11, 2019 The financial news media has switched its obsession from trade tariffs to a coming Fed rate cut, so the news media is finally reporting some more positive news
for a change and the market “melted up” by almost 5% last week, recovering more than two-thirds of its losses suffered in the entire month of May. Despite this sharp rise in the indexes last week, I’d still say stock picking will beat index… Read More
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