Fed holds, market shrugs: what the tape did after the statement
The Fed left rates unchanged and the statement barely moved. Stocks chopped for an hour, then drifted higher into the close while long bonds gave back the morning bid.
Read newsletter →
Newsletters
Tagged “Macro”, newest first.
A quiet tape into Fed week
The narrowest daily range in a month, light volume, and nothing broken. Days like this are for cleaning up the watch list, not for trading.
Sources:Economic calendar for next week
Read newsletter →Yields push higher and the banks like it
The ten-year yield is back at its highest level since spring. Long bonds sold off, banks rallied, and the rate-sensitive corners of the market told the same story all day.
Read newsletter →
Week ahead: retail sales, quad witching, and a market at highs
A busy week: retail sales on Tuesday, quarterly options expiration on Friday, and an index sitting at all-time highs going into both. Here's the map.
Read newsletter →