Jerome Powell did it again - July 3, 2024

FromThe Market Screener

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Jerome Powell did it again - July 3, 2024

FromThe Market Screener

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Length:

4 minutes

Released:

Jul 3, 2024

Format:

Podcast episode

Description

In his speech on Tuesday, the Fed chair managed to appease bond markets while helping US indices reach new records, ahead of the July 4 holiday.

Released:

Jul 3, 2024

Format:

Podcast episode

Titles in the series (100)

Here's the audio version of the daily Wall Street column of Marketscreener, to take the temperature of financial markets every morning at the opening of the stock exchange.

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1: The Market Screener July 1, 2022 by The Market Screener
3 min listen
4: It's still blurry - July 11, 2022 by The Market Screener
3 min listen
25: What a relief! August 10, 2022 by The Market Screener
5 min listen
17: Bad news is good news - July 29, 2022 by The Market Screener
4 min listen
7: Bad news is piling up- July 14, 2022 by The Market Screener
5 min listen
24: Calm prevails ahead of inflation data - August 9, 2022 by The Market Screener
5 min listen
9: The calm before the storm? - July 18, 2022 by The Market Screener
5 min listen
19: Pelosi’s expected Taiwan visit spooks markets - August 2, 2022 by The Market Screener
6 min listen
3: Good news is bad news - July 8, 2022 by The Market Screener
4 min listen
2: An unusual period for stock markets July 7, 2022: This is a bizarre in-between period, with investors fearing a recession, but still hoping that central banks will be able to save the day by curbing inflation. by The Market Screener
4 min listen
10: To stick or not to stick with defensive stocks? That is the question - July 19, 2022 by The Market Screener
5 min listen
21: Still seeing the glass half full - August 4, 2022 by The Market Screener
4 min listen
47: Wall Street in bear territory - September 27, 2022 by The Market Screener
5 min listen
13: Snap earnings fuel worries over ad spending decline - July 22, 2022 by The Market Screener
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15: It's Fed day - What's in the bag for September? - July 27, 2022 by The Market Screener
5 min listen
40: Volatility is rife for Quadruple Witching Day - September 16, 2022 by The Market Screener
6 min listen
5: Investors are bracing for earnings season - July 12, 2022 by The Market Screener
5 min listen
18: Optimism returns - August 1, 2022 by The Market Screener
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6: Wall Street wobbles as inflation accelerates in June- July 13, 2022 by The Market Screener
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27: There are two ways to see inflation data - August 12, 2022 by The Market Screener
4 min listen
64: Twists and turns - October 20, 2022 by The Market Screener
5 min listen
12: Growth stocks are back in favor - July 21, 2022 by The Market Screener
6 min listen
11: Investors take a wait-and-see attitude ahead of central bank meetings - July 20, 2022 by The Market Screener
4 min listen
23: Lost in inflation - August 8, 2022 by The Market Screener
5 min listen
14: Earnings Bonanza - July 26, 2022 by The Market Screener
6 min listen
33: Strange Things - Sept. 9, 2022 by The Market Screener
7 min listen
32: Busy week ahead for central banks - Sept 6, 2022 by The Market Screener
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20: A couple of hopes dashed - August 3, 2022 by The Market Screener
6 min listen
8: That was a close call - July 15, 2022 by The Market Screener
5 min listen
45: The gap between reality and fiction - September 23, 2022 by The Market Screener
6 min listen

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Not too hot not too cold - July 5,2024: Europe got a chance to shine yesterday in the absence of Wall Street, catching up with US indexes. I'm tempted to say that there's a degree of confidence in the equity markets at the start of July. The spotlight is on the US job market today, with the rele... by The Market Screener
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You can't escape politics - July 2, 2024: Politics are at still at the forefront in the US and Europe, along with monetary policy, of course, since the signs that the US economy is cooling have multiplied in the past few weeks and Fed chairman Jerome Powell is due to speak today. by The Market Screener
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Monetary policy is getting even more confusing - June 26, 2024: The market is unpredictable. Yesterday I wrote about a trend that was emerging, with investors seemingly turning away from tech and moving towards defensive stocks. Well, the rest of Tuesday’s session saw a complete reversal of this trend: technology bounced bac... by The Market Screener
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Key week for monetary policy: The week is up to a quiet start on Wall Street as traders await key inflation data set for release later in the week. The Personal Income and Outlays Report, including the personal consumption expenditure (PCE) core price index for May, is scheduled for Friday.&... by The Market Screener
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Tech overload on Wall Street - June 21, 2024: Wall Street futures were in the red this morning after Wall Street decided it had enough of tech stocks. Thursday saw a decline in Nvidia's shares, which also dropped 1.5% today in premarket trading, affecting other chipmakers like Broadcom and Qualcomm. by The Market Screener
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Central bank bonanza - June 20, 2024: The global markets are experiencing a mix of gains and cautious optimism, thanks to their usual savior: tech stocks. Wall Street reopens today after the Juneteenth bank holiday, with futures pointing to a positive start. Several central banks released their deci... by The Market Screener
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Big tech still runs the show - June 18, 2024: Wall Street's tech stocks have once again reached new heights this week, particularly those focused on artificial intelligence. The Nasdaq is close to 20% gains for the year, surpassing the S&P 500 by more than 4%. by The Market Screener
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The winner takes it all - June 17, 2024: Global markets are mixed to start the week, as investors await key economic data and central bank meetings. Political uncertainties in Europe, particularly in France, continue to weigh on market sentiment. by The Market Screener
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Investors need more time to assess Fed comments - June 14, 2024: Investors are still assessing Wednesday’s hawkish comments from the Fed as well as the many signals that the US economy is cooling. After reaching new highs yesterday, Wall Street indices retreated in premarket trading on Friday. by The Market Screener
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Only one rate cut this year? June 13, 2024: The Fed and its chairman Jerome Powell reclaimed the narrative yesterday, as it revised downwards its projections for the pace of rate cuts this year. Powell said that we should only expect one more rate cut this year, probably in December. by The Market Screener
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This is getting interesting... June 12, 2024: A big day ahead for the financial markets, with the Fed’s decision on key rates. Will they come down sooner than expected? The answer will come this afternoon. This morning, investors cheered better-than-expected inflation readings. by The Market Screener
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The job report just threw a spanner in the works - June 7, 2024: Investors were eagerly awaiting one of their favorite data, that has the power to take markets to new records, or get them to recede. I’m talking about the monthly US employment figures - known as the NFP report. by The Market Screener
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The first rate cut - June 6, 2024: The ECB has cut rates for the first time since 2019, from 4% to 3.75%. This is the first rate cut among the world's largest economic blocs and investors are happy, although they want to know more about the bank’s future monetary policy. by The Market Screener
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This bodes well for rate cuts - May 15, 2024: The focus of investors is on US inflation data this week, as well as corporate results. The Nasdaq 100 hit a new record close yesterday, surpassing March 24 by 3 points. The index is a mirror of the tech sector, but also of investors' appetite for risk. It has i... by The Market Screener
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Jerome Powell did it again - July 3, 2024

Jerome Powell did it again - July 3, 2024

Description

Titles in the series (100)

More Episodes from The Market Screener