The S&P 500 Index is quietly moving higher once again… On October 12, the broad market index closed at about 3,577. That was its lowest point since late 2020. But in the two-plus weeks since then, it’s up roughly 9%. Unfortunately for investors… not much has changed at the macro level. Russia is still at …
You might’ve heard about Credit Suisse (CS) in the news recently… Earlier this month, reports surfaced that the Swiss investment bank could face serious financial risks going forward. Some folks are warning about a “Lehman-like collapse.” You see, a lot of bad news has rocked the company over the past 18 months or so… The …
Once again, the mainstream media is a step behind… Until recently, the media was driving the narrative of a “fake” recession. And like the government, many financial pundits reasoned that the economy wasn’t really that bad. But now, the talk about a recession is getting bolder. Terms like “consumer demand” and “Producer Price Index” are …
Insiders say the European Central Bank (“ECB”) is about to break the No. 1 rule in portfolio management. Ironically, the rule is… don’t break the rules. Regular Chaikin PowerFeed readers know that a disciplined approach is critical to investing success. Creating rules – and sticking to them – keeps us from wrecking our wealth. Rules …
As shoppers, we’re always looking for a deal… When you’re in a store, it’s thrilling to see a big discount on a shirt or jacket you’ve had your eye on. And it’s rewarding to get the bedding set you’ve wanted for much cheaper. But for the past few years, bargains were hard to find… During …
I’m sure many of you know about the Kelley Blue Book for car pricing… But have you ever heard of the “Beige Book” from the Federal Reserve? Now, maybe you’re thinking, “Great… more outdated, lagging numbers from the folks at the Fed.” And in many cases, you wouldn’t be wrong with that assumption… A lot …
We’ve talked a lot about rising interest rates this year… Out-of-control inflation is a dominant narrative these days. And of course, so is the Federal Reserve’s attempt to tackle the problem. Just about everyone has an opinion on it… In fact, just last week, I explained that figuring out the Fed’s plan for its future …
The stock market is rallying higher… Over the past two months, the S&P 500 Index is up roughly 17%. The tech-heavy Nasdaq Composite Index is doing even better. It’s up around 21% in that span. I’m not scared to check my portfolio anymore. And I’m sure you’re feeling the same way. But as good as …
The Federal Reserve should be objective… After all, the U.S. central bank focuses on numbers. And numbers are as objective as it gets. But for some reason, the Fed isn’t sticking to the numbers in its quest to cure our current inflation woes. Instead, it keeps doing what it thinks will work… without actually knowing …
When the goalposts keep moving, it’s easy to get confused… First, the Federal Reserve told us that inflation would be “transitory.” Next, the Fed started saying that inflation really wasn’t as bad as the government’s own official data showed. It tried to tell us other metrics showed something different. And now, the federal government is …
