No evidence that Fed's balance sheet is behind market swings: Mester

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Cleveland Fed President Loretta Mester on Tuesday said she has not seen evidence...

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The Fed, China and earnings are the biggest factors in the market, says expertDavid Kostin, Goldman Sachs chief U.S. equity strategist, sits down with 'Squawk on the Street' to take a look at the markets and what effects the State of the Union might have had on them. no shit
La source: CNBC - 🏆 12. / 72 Lire la suite »

After State Of The Union, Focus Turns Again To Earnings News, Geopolitics, FedInvestors hoping for some sort of traction on key issues from the State of the Union speech don’t appear to have gotten it. Instead, the focus today turns back to earnings while the China trade clock keeps ticking. State run business does not work. See China starving independent companies of funds. That there were no promised giveaways should make Wall Street ecstatic.
La source: Forbes - 🏆 394. / 53 Lire la suite »