Tag Archives: Interest Rates

Your Weekly Blip 3/12/21

President Joe “Big Bucks” Biden signed the ARPA yesterday unleashing a $1.9 Trillion wave of cash on the US economy and setting July 4th as a target for a return to normalcy. While inflation data is “tame” interest rates on the 10-year Treasury rose which caused a selloff in tech stocks while value plays like…
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Your Thursday Blip 3/4/21

Markets took a tumble after Federal Reserve Chair Powell said he expects economic reopening to cause inflation but added that price increases will not be enough to cause the Fed to raise short term interest rates. During the day the Dow traded in positive territory thanks to strength in value stocks but at the close…
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Your Wednesday Blip 12/16/20

Stocks ended the day mixed as the Dow fell while the NASDAQ gained ground to a new high. At the closing bell the Dow was off 44 at 30,154. Trading volume was higher across the board. It was a quiet day. The Federal Reserve held its last policy meeting today and decided to maintain the…
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Your Wednesday Blip 9/16/20

Markets were mixed in trading action that was choppier than a logger sports event. The Dow closed up 36 points at 28,032 on higher volume while the NASDAQ was lower on lighter trade. The rally continues to trade under pressure. At the conclusion of its meeting today the Federal Reserve said it will keep interest…
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