“Renewed hopes for peak Fed hawkishness on the back of cooler-than-expected domestic inflation data unleashed a historic rally in equities,” writes Sevens Report’s Tom Essaye. Click here to read the full article.
Since Friday’s renewed hopes for peak-hawkishness, bad news is good news for markets,” wrote Sevens Report’s Tom Essaye. Click here to read the full article.
“I don’t think there’s anything in here [minutes] that changes the outlook,” said Sevens Report’s Tom Essaye. Click here to read the full article.
“If companies are more positive on the outlook than is currently expected (as happened with the Q2 earnings) then that will offset growing worries that earnings expectations are about to fall sharply,” Sevens Report’s Tom Essaye wrote. Click here to read the full article.
“Tomorrow’s FOMC decision will likely either further pressure stocks… or offer some relief to markets that the Fed isn’t going to raise rates as much as feared, and in doing so allow markets to bounce,” wrote Sevens Report’s Tom Essaye. Click here to read the full article.
There are multimillion more job openings than there are people who are actually looking for a job…said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Bitcoin’s moves definitely follow the market. There’s no question, and that’s been especially true on days when the market has been down a lot, Tom Essaye, founder of Sevens Report Research, told Barron’s. Click here to read the full article.
Data released this week suggests that inflation may have peaked, allowing the Federal Reserve to be less aggressive when boosting interest rates…Tom Essaye, founder of Sevens Report Research said Friday that the S&P 500’s current level reflects that growing sentiment. Click here to read the full article.
For oil’s drop, it’s mostly a demand story. If you see oil move into the high to mid 70s, people are going rethink the idea that these companies are cash flow-generating machines, Essaye said. Click here to read the full article.
That could be because traders are “holding out hope that the consumer price index report is going to be good,” Tom Essaye, founder of Sevens Report Research, said on Friday. Click here to read the full article.
