Stock Market Contents Archive

Yields on 12-month Treasuries are now the highest since 2001. https://t.co/5Oy5Btyum3

GO PHILLS!! https://t.co/WPwXTVAwlB

As widely expected, the #Fed hiked interest rates by 75 basis points. As to what's next: I suspect the entire focus will be on interpreting the additional language in the statement. Markets are not waiting for the press conference to interpret this as dovish. Will be fascinating. https://t.co/TBfQ4nlh60

The S&P 500 fell 2.5% today, its 54th decline of 1% or more this year. That's already the most downside volatility we've seen since 2009 and there's still two months to go. $SPX https://t.co/6oU3qtLAOV

The Cleveland Fed's inflation tracker has been very accurate so far this year, and hints at U.S. CPI ending the year close to 8%. That's well above where almost everyone thought it would be six months ago, with core CPI even accelerating. https://t.co/M58QWueH0v

Lots of notables in Fed Chair Powell’s remarks at his press conference including a shift in the balance of policy risk: from prior concerns of being too aggressive to the current worry of doing too little. Underpinning this is—finally—better appreciation of the inflation dynamics

What the heck? tonight----

Fed Chair: "We have a ways to go on rates...and it's premature to talk about a pause".

Global Central Bank Update: -The Fed hiked rates for the 6th time this year, 75 bps increase to 3.75-4.00%. This is now the highest Fed Funds Rate since January 2008. -Saudi Arabia also hiked rates for the 6th time, 75 bps increase to 4.50%. https://t.co/UABCD22rNZ

For markets that are desperate for a "pivot" or "swivel" from the Fed, as TD's Misra said, here it goes: the Fed says it will take cumulative tightening and lags into account as it raises rates further.

Investors and traders were reminded yet again today that it’s all about the #Fed: Below is how US #stocks closed a very volatile and, ultimately, brutal session (including a peak to trough of some 1,000 points for the Dow which ended the session near its lowest level). #markets https://t.co/BLAoyznqLP

Powell gets even more hawkish after reporter errantly tells him markets are reacting positively.

Plus three stocks to buy when we get oversold.. but that's not around here

"No one is going to read this book": Publishers said ‘The Psychology of Money’ would never work. Now, Morgan Housel is on the MarketWatch 50 list of the most influential people in markets. https://t.co/ZJjfqnh0uy

What stocks have done so far today Reinforces this #Fed’s multi-year reputation as the biggest (central bank) contributor to market volatility during an FOMC day. I leave it to you to judge the balance between the inherent fluidity of the situation and inconsistent communication. https://t.co/eoRLo1vriG