Fundamental influences are “conflicted” right now
Fundamental influences are “conflicted” right now, Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
Higher-for-longer central-bank policy expectations
“Higher-for-longer central-bank policy expectations, a strengthening dollar, and subsequent worries about the sustainability of economic growth in a high-rate/strong-dollar environment, are acting as headwinds on global oil prices,” said Tyler Richey, co-editor at Sevens Report Research.
A lot of that news has been digested by markets during this pullback
“But, a lot of that news has been digested by markets during this pullback and because it’s nothing new, we’re seeing a bit of a relief rally,” Essaye says.
“It’s Pretty Much Economics 101”
t’s pretty much Economics 101 that bitcoin prices go up after halving, according to Sevens Report analyst Tom Essaye.
What Makes The Pullback Worse?
What’s in Today’s Report: What Makes The Pullback Worse? Weekly Market Preview: Will Earnings and Growth Data Stabilize Stocks?
What Has Really Changed In This Market?
What’s in Today’s Report: Thoughts on the Israeli Strike in Iran and What Has Really Changed In This Market?
How Clients Should View Political Headlines
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: How Clients Should View Political Headlines.