Fed Transparency = Market Volatility

Markets have tanked since the worse-than-expected CPI reading, and the latest Fed hawkishness means no Powell “pivot,” no Fed “Put,” and no soft-landing. The table shows the market peak for the four major indexes, the level and percentage changes at the market’s trough at June’s end, the levels and percentage changes from the top of […]

Unexpected Events & Market Volatility

The Stage is Set for the Fed Despite our expectation that markets would become erratic, the volatility displayed on Thursday and Friday (February 24-25), especially in equities, was shocking, even to us!  The Nasdaq had a huge 7% swing from the intraday low to the close on Thursday, then proceeded up another 1.6% on Friday […]