Written by Michele Schneider and Wade Dawson
Even the biggest Grinches on Wall Street might need to rethink their outlook for the final trading days of 2023.
US stocks rallied on surprising consumer confidence numbers and strong earnings from Nike …
Written by Michele Schneider and Wade Dawson
Gold always has been and will always be a controversial asset within investment circles.
Its proponents can’t agree on why it deserves a place in portfolios or how much to allocate to Gold …
Written by Michele Schneider and Wade Dawson
Bond prices plummeted, yields increased, and U.S. indexes fell again Monday.
The major U.S. indices have fallen for the past two weeks, and on Monday, most markets closed near their lows.
The S&P …
Written by Michele Schneider and Wade Dawson
KRE is a key member of Mish’s Economic Modern Family because KRE measures the health of not only the US financial system, but the overall economic activity of rural America.
Regional banks have …
Written by Michele Schneider and Wade Dawson
The Fed hiked by 50 basis points, as the market was expecting. Major U.S. indices turned red on the news with a modest day of losses.
DIA closed negative but stayed above its …
Written by Michele Schneider and Wade Dawson
While we follow the Fed announcement tomorrow, we'll closely watch Grandpa Russell's (IWM) reaction.
As the patriarch in charge of Mish's Economic Modern Family, Grandpa Russell's pricing is meticulously monitored daily and weekly. …
Written by Michele Schneider and Wade Dawson
Investors will watch closely tomorrow as the CPI print is released and Wednesday when the Fed announces its latest rate hike.
The CPI is likely to be lower, and a half-percentage hike in …
Written by Michele Schneider and Wade Dawson
Looking at Modern Economic Family member charts and connecting the different members shows a unique market vantage point.
The Economic Modern Family has continued to serve as a reliable indicator for market direction …
Written by Michele Schneider and Wade Dawson
Clearly large cap stocks have been leading with the Dow Jones down the least year to date, but even though the selling pressure has been constant, trading volume has been anemic.
IWM normally …
Written by Michele Schneider and Wade Dawson
The S&P 500, Dow Jones Industrial Average, and Nasdaq all traded lower on Tuesday.
Despite the intense two days of selling, we have yet to see any technical criteria suggesting a crash is …