Inflation Fell to the Fed’s Target — Or is That a Moving Target?

On Friday, the market woke up to great news. Mission accomplished on inflation. Yahoo Finance reported: “The Fed’s preferred inflation measure — a ‘core’ Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2.9% for the month of December, beating estimates.” Furthermore, the core PCE…

Ready Yourself for 2024 With Macro to Micro Analysis

For the new year, we have given you an extensive 3-pronged look at the markets. First, we have the general outlook for the economy and markets through the Outlook 2024. This is the general outlook for 2024, including the recap of 2023 and how the predictions I made then played…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the Fed’s rate-setting group unanimously agreed to hold the key federal funds rate…

Daily Briefing Notes for the Market

I am back from 2 weeks of whirlwind travel and presenting at both the Money Show in Las Vegas and Charting Forward at StockCharts.com. I thank Geoff Bysshe, the President of MarketGauge.com for filling in for me. After the market has absorbed bank crises, debt ceiling talk, the Fed Funds…

Question: How are some bars boosting profits? Answer: Trivia nights

Brooklyn Brewery hosts a Thursday trivia night on March 30. Noah Sheidlower | CNBC Megan Fitzgerald has always been a trivia fan, but as the director of brand experience at Talea Beer Co. in Brooklyn she wasn’t convinced it would be a good fit for the female-founded brewery. In February,…

Christmas of thin shopping, without gift hampers

Economy Christmas of thin shopping, without gift hampers Friday December 23 2022 A gift shop in Nairobi. Hard economic times have hit gifting during this festive season. PHOTO | DIANA NGILA | NMG Selina Gacambi sees this year’s Christmas as the most uninspiring festive season ever in her professional life.…