The S&P 500 is down 7.5 percent so far in January, the second worst performance for this month since 1980. That’s a bad omen for 2022, because history shows January’s performance…
Day: January 24, 2022
WSJ: "Stocks Fall After Giving Up Early Gains"
Excerpt from the Wall Street Journal quoting DataTrek co-founder Nick Colas: …. “Whenever we see equities churn lower, as they have this year, we are mindful that the risk of…
MarketWatch: "Stock-market investors can’t count on the’Fed put’ — Why policy makers aren’t seen rushing to rescue"
Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas: …. “But this time around, not only is inflation running at a roughly 40-year high, unemployment sits at 3.9% and the economy…
CNBC: "The stock market slide is unlikely to budge the Fed from tightening"
Excerpt from CNBC quoting DataTrek co-founder Nick Colas: …. “By any measure as the Fed looks to assess capital markets stress … we are nowhere near the same point as…
Yahoo Finance: "Stocks fall ahead of a packed week of earnings, Fed meeting"
Excerpt from Yahoo Finance quoting DataTrek co-founder Nick Colas: … “And the Fed is unlikely to be deterred from moving in this more hawkish direction even in the wake of…