Last week, Federal Reserve Chairman Jerome Powell said he would not “even think about” lifting interest rates off their current 0-0.25% level as the US economy continues to work through the pandemic.
Small Stocks
How High Can Stocks Go?
The stock market has officially “crashed” four times in the last forty years: 1987, 2000, 2007, and 2020. From crash to crash, stocks have put in new highs ranging from 2.5% to 355% relative to the most recent new high prior to crash.
Foreign Exchange: A Market by Christopher Nolan
Starting with the US dollar can help to reduce complexity for many new traders, especially when looking at Small US Dollar (SFX) futures that are diversified against seven foreign currencies (including euro, Chinese renminbi, Japanese yen, and more). One character. One narrative.
Don’t Turn Yourself Around
A good plan of action for your trades and investments in times like these could simply be to stay calm. Though exercises such as politics may demand a more passionate approach..
Make A Resolution That Counts
While taking a loss is never fun, it could be the difference between net profits and losses at the close of 2021. Who knows? Maybe Peloton money will be chump change by 2022.
Welcome to the Future of Interest Rates
For decades now, traders’ exposure to interest rates has been confined to allocating some small percentage of retirement funds to some bond fund for some reason like diversification.
Animal Spirits at Stock Market Highs
Small Stocks (SM75) futures have made new all-time highs 5 of the last 9 trading days (56%). For context, SM75 made new highs just 5% of days going back to 2017. The phenomenon known as “positive drift” dictates that stocks move higher more often than not.