Ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday, the market has gained some momentum. Investors are no longer anticipating a rate cut ...
Ahead of the Federal Open Market Committee meeting on Wednesday, the market has gained some momentum. Investors are no longer anticipating a rate cut announcement at the March gathering, with the CME FedWatch tool indicating the low probability of cuts.
We're joined by Eric Lynch, Scharf Investments Managing Director. Thank you for joining us this morning. So as we look at what some of the investors have been really mulling this week. We know, obviously, the AI push keeping some of the rally elevated here, but also the Fed as well.Yeah. I think rate cuts clearly off the table, Rachelle, because you've got really these strong CPI, PPI prints, persistent strong job growth. Yes, things are slowing a bit in the economy.
And so now, you take off immediate and substantial rate cuts off the table, then the eyes or the focus is going to be more on the economy and on earnings growth going forward.Reddit's IPO will make its debut on the New York Stock Exchange on Thursday with the ticker RDDT. The company's target valuation is $6.4 billion, with shares estimated to cost between $31 and $34.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Alberta coal mine moves ahead without permits federal officials say are neededEnvironmental groups are asking Ottawa to enforce its rules on an Alberta coal site that has started building an underground test mine without fisheries permits that officials have said are required.
Lire la suite »
Federal government slashes beer tax increase ahead of looming deadlineChrystia Freeland made the announcement on Saturday.
Lire la suite »
Freeland reduces federal ‘beer tax’ increase ahead of looming inflation deadline for brewersFinance Minister Chrystia Freeland announced Saturday that the federal government is reducing its national “beer tax” — which was anticipated to increase 4.7 per cent on April 1. In support of breweries nationwide, Freeland said the 2.0-per-cent inflation cap will be extended for an additional two years.
Lire la suite »
Alberta coal mine moves ahead without permits federal officials say are neededThe existing Vista mine near Hinton is owned by the U.S. coal giant Cline Group and began shipping coal for export in May 2019.
Lire la suite »
BoC 'late' to cut rates, private sector 'starting to buckle': chief market strategistA chief market strategist says the Bank of Canada is late in bringing interest rates lower and says policy is driving inflation above the two per cent target.
Lire la suite »
Don't start putting new money into the market now: StrategistIs a bubble forming around the stock market (^DJI, ^IXIC, ^GSPC)? And if so, is it about to burst? B. Riley Wealth Management Chief Investment Strategist...
Lire la suite »