by First Trust | Oct 5, 2022 | How I See It
We had been bullish on stocks since March 2009, when mark-to-market accounting was fixed and the financial panic started to recede. At that time, the S&P 500 traded as low as 677. What a time to buy! After that, we remained bullish. We didn’t...
by First Trust | Aug 24, 2022 | How I See It
With less than three months left before the 2022 midterm elections, it is officially “silly season” when it comes to interpreting economic reports. For many analysts, it’s pretty much all politics all the time, with data seen through a political lens...
by First Trust | Jun 22, 2022 | How I See It
The Federal Reserve raised rates by three-quarters of a percentage point (75 basis points, or bps) on June 15, the most at any meeting since 1994 and exactly the move Chairman Jerome Powell was dismissive about in early May after the last meeting. As a...
by First Trust | May 25, 2022 | How I See It
The consensus among economists puts the odds of a recession starting sometime in the next year at 30%, according to Bloomberg’s most recent survey. No wonder the S&P 500 is deep in correction territory and flirting with an official bear market. We...
by First Trust | Mar 23, 2022 | How I See It
As expected, the Federal Reserve raised short-term rates by one-quarter of a percentage point (25 basis points) last week, the first rate hike since the end of 2018. Even more important, the Fed signaled a new level of hawkishness in terms of future...
