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What The Yield Curve Is Saying About The Stock Market Rally
Friday, May 22, 2020 - 1:45pm | 439Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 31.8% since March 23, but many investors are skeptical of the rally given the ongoing global COVID-19 pandemic. Investors looking to confirm the recent rally has legs should look to the yield curve, according to Sevens Report Research’s Tom...
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Why A 'Prolonged Recession' Might Not Be Terrible For Investors
Friday, May 15, 2020 - 2:00pm | 553Read More...Stocks slumped this week after Federal Reserve Chair Jerome Powell warned Americans about the possibility of a “prolonged recession.” While that phrase may sound pretty scary to investors, Sevens Report’s Tom Essaye said Thursday stock prices may hold up much better in 2020 than...
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13 Financial Pros React To Emergency Interest Rate Cut: More Stimulus Needed?
Monday, March 16, 2020 - 1:18pm | 1304Read More...On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...
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Federal Reserve Issues Emergency 0.5% Interest Rate Cut, Cites 'Evolving Risks' From Coronavirus
Tuesday, March 3, 2020 - 11:56am | 770Read More...In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25...
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Would An Interest Rate Cut Calm The Stock Market?
Monday, March 2, 2020 - 3:45pm | 626Read More...U.S. markets roared back Monday from last week’s sell-off. However, the S&P 500 is still down 11.1% overall since Feb. 19, and many experts believe the worst of the coronavirus outbreak that has spooked the market is yet to come. To Cut Or Not To Cut? Given last week’s stock market...
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3 Reasons S&P 500 Record Highs Could Keep On Coming
Thursday, February 20, 2020 - 11:00am | 529Read More...After a huge year in 2019, the SPDR S&P 500 ETF Trust (NYSE: SPY) is already up another 4.8% so far in 2020 in less than two months. Years of record highs have pushed the market’s valuation in line with previous market tops. Tom Essaye, founder of Sevens Report Research, said Wednesday...
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A History Of Coronavirus Outbreaks And The Stock Market
Wednesday, January 22, 2020 - 4:45pm | 592Read More...The U.S. market bounced back on Wednesday despite fears over the Wuhan coronavirus. While investors are understandably concerned about a global pandemic, the Wuhan virus is so far simply one of several recent outbreaks of coronaviruses that haven’t had any lasting impact on the global economy...
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How To Trade The Last Fed Rate Decision Of 2019
Wednesday, December 11, 2019 - 11:10am | 765Read More...The Federal Reserve is expected to maintain its target interest rate range at between 1.5% and 1.75% on Wednesday afternoon when it releases its post-meeting statement at 2 p.m. Investors will be watching for any surprise changes to rates and indications from the Fed about where rates could be...
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4 Biggest Questions Investors Need Answered By 2020
Wednesday, November 27, 2019 - 10:45am | 436Read More...Now that third-quarter earnings season has mostly been completed and investors are entering the relatively low-volume holiday season, it can be tempting for investors to put their portfolios on cruise control until the end of the year. However, the Sevens Report’s Tom Essaye said Tuesday...
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3 Reasons The Stock Market Won't Make New Highs On The Phase I Trade Deal
Wednesday, October 16, 2019 - 12:54pm | 609Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 1.4% since President Donald Trump announced the U.S. and China have agreed to Phase I of a trade deal that takes Oct. 15 tariff hikes off the table for now. While investors cheered the news that the trade war will not be escalating, some...
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Experts: Keep The Yield Curve Inversion In Perspective
Wednesday, August 14, 2019 - 4:23pm | 561Read More...U.S. markets fell on Wednesday after the yield on the 10-year Treasury note fell below the yield on 2-year Treasury notes on Wednesday morning for the first time since 2007. According to the San Francisco Fed, each of the nine U.S. recessions that have occurred since 1955 came between six months...
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Understanding US-China Trade Negotiations: The Ultimatum Game
Wednesday, June 12, 2019 - 3:52pm | 743Read More...Trade negotiations between the U.S. and China stalled last month, leaving investors with little insight on when to expect a potential trade resolution. DataTrek Research co-founder Nicholas Colas recently discussed the impact cultural differences between the U.S. and China may have on the...
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Is Another VIX-Driven Air Bubble Bursting?
Wednesday, May 8, 2019 - 1:53pm | 449Read More...The S&P 500 is down 2 percent so far this week, sending volatility ETFs like the CR SUISSE AG NA/VELOCITY SHS SHORT (NASDAQ: VIIX) soaring 20 percent. The huge spikes in volatility are bringing back memories of the wild trading in early 2018 that ultimately resulted in the collapse of a handful...
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What Is The Value Of The FOMC Minutes?
Wednesday, March 20, 2019 - 10:43am | 789Read More...The Federal Reserve Open Market Committee will be publicly releasing the minutes from its latest meeting this week, and the financial media is eager to report the details. But just how important for traders are the minutes from a meeting that took place weeks ago? What Are FOMC...
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Stocks Fall As ECB Cuts Growth Guidance, Bank Stimulus Plan Falls Flat
Thursday, March 7, 2019 - 12:35pm | 689Read More...Global markets sank Thursday after the European Central Bank cut its 2019 economic growth forecast and announced a new round of longer-term refinancing operations (TLTRO) stimulus for European banks. The ECB cut its 2019 Eurozone growth forecast from 1.7 percent to 1.1 percent. It also announced a...
