Financial Review
Whiplash
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:16
- More information
Informações:
Synopsis
…Fed minutes point to more rate hikes. CPI inflation heats up a little. Tweets fly, volatility rules. Gas prices rise with Middle East tensions. Facebook and your lack of privacy. Ryan retiring. Boehner goes green. Payday lenders v. CFPB. Financial Review by Sinclair Noe for 04-11-2018 DOW – 218 = 24,189 SPX – 14 = 2642 NAS – 25 = 7069 RUT + 3 = 1546 10 Y – .01 = 2.79% OIL + 1.30 = 66.81 GOLD + 13.70 = 1353.80 The good news is that the Dow is holding above 24,000; the Nasdaq is still above 7000; and the S&P 500 is still above 2581. The volatility is crazy. The markets are up one day, down the next, sometimes up and down in the same day. That discomfort in your portfolio and pain in your neck is the result of whiplash. And it doesn’t really make sense because the economy is in pretty good shape. So says the Fed. Today, the Fed released minutes from the March 20-21 FOMC meeting. All of the Federal Reserve’s policymakers felt that the U.S. economy would firm further, and that inflation would rise in the coming