Ahead of the rate hike announcement that was delivered Wednesday afternoon, Finom Group had anticipated and forecasted the post announcement move to our subscribers, as shown in the following screen shot from our private Twitter feed. After the end of a two-day meeting, the Fed increased its target for its benchmark-lending rate to a range…
Good Sunday morning to all Finom Group subscribers! This week’s research reporting is delivered to subscribers with an emphasis on monthly retail sales and the general dynamics surrounding our neutral risk rating for the S&P 500 (SPX) in September. S&P 500 Expected Move & Lacking Moves of 1% As depicted in the chart above, the…...
One day the markets are rallying and the next day the markets are sinking. While the direction seems ever changing, the themes are pretty consistent of late, Turkish lira, trade tariffs and emerging market contagion risks. Yesterday, investors decided that in the absence of “more” favorable market news, it would be a risk-off day. By…
