The final Fed speaker will be speaking at the top of the hour. Federal Reserve Governor CHristopher Waller will be speaking.
Waller – being a Governor – has a permanent vote on the FOMC board. He has last spoken back in November. So hearing his views now will be key. He tends to tilt to the more hawkish side increasing his importance especially if he is less hawkish.
Given the storyline from many that the Fed has more work to do, is concerned about service inflation and is also concerned about full employment and its impact on inflation
Inflation
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Read this Term , it is hard to see him being anything different than that. However the stock market is bulled up a bit today especially the riskier NASDAQ
NASDAQ
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
Read this Term type stocks. Will that view get tarnished?
Dow is up 0.29%
S&P is up 0.86%
NASDAQ is up 1.48%
Russell 2000 is up 0.76%
2 year yield of 4.183%
10 year yield 3.488%
crude oil $81.50