Powell's mixed signals and Pacwest weigh on US indices - May 4, 2023

FromThe Market Screener

Start listening View podcast show

Powell's mixed signals and Pacwest weigh on US indices - May 4, 2023

FromThe Market Screener

ratings:

Length:

5 minutes

Released:

May 4, 2023

Format:

Podcast episode

Description

The Fed raised rates yesterday and softened its stance. The market is having trouble seeing things clearly due to Jerome Powell sending mixed signals in his speech. Investors are also reeling from the latest episode in the banking crisis, and it’s reflected in futures today, which were in the red.

Released:

May 4, 2023

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.

Skip carousel

1: The Market Screener July 1, 2022 by The Market Screener
3 min listen
13: Snap earnings fuel worries over ad spending decline - July 22, 2022 by The Market Screener
5 min listen
20: A couple of hopes dashed - August 3, 2022 by The Market Screener
6 min listen
3: Good news is bad news - July 8, 2022 by The Market Screener
4 min listen
47: Wall Street in bear territory - September 27, 2022 by The Market Screener
5 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
11: Investors take a wait-and-see attitude ahead of central bank meetings - July 20, 2022 by The Market Screener
4 min listen
40: Volatility is rife for Quadruple Witching Day - September 16, 2022 by The Market Screener
6 min listen
4: It's still blurry - July 11, 2022 by The Market Screener
3 min listen
15: It's Fed day - What's in the bag for September? - July 27, 2022 by The Market Screener
5 min listen
27: There are two ways to see inflation data - August 12, 2022 by The Market Screener
4 min listen
24: Calm prevails ahead of inflation data - August 9, 2022 by The Market Screener
5 min listen
6: Wall Street wobbles as inflation accelerates in June- July 13, 2022 by The Market Screener
5 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
38: Wait! Not so fast... September 14, 2022 by The Market Screener
5 min listen
36: Wall Street rises ahead of inflation data, Sept 12, 2022 by The Market Screener
5 min listen
7: Bad news is piling up- July 14, 2022 by The Market Screener
5 min listen
29: The market got ahead of itself on retailers' earnings - August 17, 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
9: The calm before the storm? - July 18, 2022 by The Market Screener
5 min listen
5: Investors are bracing for earnings season - July 12, 2022 by The Market Screener
5 min listen
37: Not what we expected... September 13, 2022 by The Market Screener
5 min listen
8: That was a close call - July 15, 2022 by The Market Screener
5 min listen
14: Earnings Bonanza - July 26, 2022 by The Market Screener
6 min listen
32: Busy week ahead for central banks - Sept 6, 2022 by The Market Screener
5 min listen
16: Are we in a recession, or not? - July 28, 2022 by The Market Screener
5 min listen
18: Optimism returns - August 1, 2022 by The Market Screener
5 min listen
31: Fed officials gave us a reality check - August 19, 2022 by The Market Screener
5 min listen
23: Lost in inflation - August 8, 2022 by The Market Screener
5 min listen
17: Bad news is good news - July 29, 2022 by The Market Screener
4 min listen

More Episodes from The Market Screener

Skip carousel

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
4 min listen
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
4 min listen
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
5 min listen
Investors aren't fooled - June 11, 2024 by The Market Screener
5 min listen
All eyes on the Fed - June 10, 2024: While Wall Street changes its forecast on key interest rates again and again, Europe sees a rise in the far-right protest vote in parliament. The week will be marked by two central bank meetings, including the eagerly-awaited US Fed meeting. by The Market Screener
4 min listen
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
5 min listen
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
4 min listen
The odds of rates getting cut in 2024 may be better than you think - June 5, 2024: On the eve of a highly-anticipated U.S. monthly employment report, of a likely ECB rate cut and equity markets are still confused, but cautiously optimistic. by The Market Screener
5 min listen
Just when you think you've got it all figured out... June 4, 2024: It's often said that bad economic news is good news for equity markets, but that didn't work out so well yesterday. Bad news remained bad news. But perhaps the equity markets are also confused by being bombarded with contradictory data. by The Market Screener
5 min listen
A rate cut is finally in sight - June 3, 2024: The last week of the month of May 2024 has been a bearish one: for equities, for gold and for oil. The last week of May saw a number of assets fall, with the notable exception of bonds, which worked in reverse (their yields fell, so they rose). by The Market Screener
5 min listen
Disaster averted - May 31, 2024 by The Market Screener
4 min listen
A new phase for the market - May 30, 2024 by The Market Screener
4 min listen
The return of rate hikes? May 29, 2024: Global indices are in the red today, weighed down by big tech stocks, which are struggling due to higher Treasury yields triggered by a worrying speech from a very respected Fed official. Investors are now fearing that rates could move up again. by The Market Screener
4 min listen
Investors are bracing for today's major change - May 28, 2024: Wall Street reopens after the long Memorial Day weekend, and serious business resumes today, with fairly dense macroeconomic news ahead of the week's two major events: May inflation in the eurozone and April PCE inflation in the United States, for which we'll ha... by The Market Screener
4 min listen
It's the same old routine - May 24, 2024: The mood on the financial markets has soured a bit. The euphoria seen after several indices reached records at the start of the week has given way to a more confused feeling, with the return of inflationary fears. It's all feels like déjà vu. by The Market Screener
4 min listen
The market is good to go until Nvidia’s next quarterly results: There was a pretty colossal stakes surrounding Nvidia's quarterly results yesterday, after the bell. Western stock markets generally retreated in anticipation. Let's dispel the suspense right away: the share gained 6% after the release of its results, so it pass... by The Market Screener
4 min listen
Can Nvidia pull it off again? May 22, 2024: Investors hope that Nvidia can keep the AI magic alive, as demonstrated by yesterday's record highs on Wall Street. The answer is expected after the bell today when the company will unveil its quarterly results. by The Market Screener
5 min listen
Central bankers try to reason with investors - May 21, 2024: While oil prices move up and down, bond yields wake up and metals prices go through the roof, equity markets remain resilient. Nevertheless, they need a new catalyst to keep pace with the Nasdaq rocket. That's pretty much the mood at the start of the week ahead ... by The Market Screener
4 min listen
Focus on Nvidia - May 20, 2024: Last week was eventful in the financial world, and this week is shaping up to be exactly the same. It will be less focused on inflation and corporate results, and more on macro data. Earnings season may be drawing to a close, but there's one large cap left, rele... by The Market Screener
3 min listen
Everlasting momentum - May 16, 2024: Every time the momentum slowed on the market over the past six weeks, something happened to give it another boost. Yesterday, it was weaker-than-expected inflation data, which made rate cuts more likely. by The Market Screener
4 min listen
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
5 min listen
Investors need more than PPI to make up their minds - May 14, 2024: Investors once again believed in a Fed rate cut in September. Doubts about the slight upturn in inflation were dispelled by a series of weak economic indicators. Today's producer price data was too mixed to have any impact on their thinking. by The Market Screener
5 min listen
The momentum keeps going - May 13, 2024: Global markets have, for the most part, returned to the record highs set earlier in the year. Doubts about the evolution of US monetary policy, which led to a drop in indices in April, were eased by the robust earnings of major listed companies and the cooling o... by The Market Screener
5 min listen
Wall Street rises thanks to good and bad economic news - May 3, 2024: Things a looking well for the three Wall Street indices this morning. Investors welcome good news for the economy (good results from Apple and Amgen), and bad news for the economy (but good for rate cuts - the weaker-than-expected jobs report). by The Market Screener
3 min listen
Powell did it again - May 2, 2023: Jerome Powell managed to reassure investors yesterday. He did acknowledge a lack of progress lately in the Fed’s efforts to tame inflation, but reiterated that interest rates are still likely to be lowered this year. by The Market Screener
4 min listen
A flurry of corporate results ahead of the Fed's rate decision - April 30, 2024: This week is one of the busiest this year for corporate results. After Microsoft, Alphabet, Tesla and Apple, it’s Amazon’s turn to present its earnings after the bell today. Investors will be closely watching, as they await tomorrow’s Fed meeting. by The Market Screener
5 min listen
Big tech saves the day, again - April 29, 2024: Investors bet on the right horse last week. The Magnificent Seven came to the market’s rescue, despite fears about the trajectory of the economy and rates, and talks about stagflation in the US. This morning, tech is also lifting indices. by The Market Screener
5 min listen
Well, it isn't as bad as feared... April 26, 2024: Yesterday’s lower-than-expected US GDP reading showed that the price component rose more than expected. Investors were eagerly awaiting today’s March inflation reading to get more clue about the health of the economy and the Fed’s future monetary policy. by The Market Screener
5 min listen
The specter of stagflation rears its ugly head again - April 25, 2024: Earnings season is picking up pace, and the market is becoming increasingly unpredictable in how it reacts to new earnings reports. Good results aren’t enough to go up, bad ones aren’t necessarily taking a stock down, and a company can be criticized one day and ... by The Market Screener
6 min listen
The return of bad news is good news - April 24, 2024: Investors saw yesterday’s weak economic data as a sign that all hope isn’t lost when it comes to rate cuts this year. This led indices to remain in the green for a second consecutive day. Strong corporate earnings are also helping to lift investor sentiment. by The Market Screener
4 min listen

Related podcast episodes

Skip carousel

Digesting Powell’s every word: Stocks Drop, Rates Rip. 10/19/23: Fed Chair Jerome Powell giving a pivotal speech at the New York Economic Club earlier. Powell hinted at a pause in rate hikes here and that inflation is still too high. Are investors turning away from the Fed’s musing and now only worried about yields? Fast Money Disclaimer by CNBC's "Fast Money"
45 min listen
Market Moving Events To Keep Your Eye On by Schwab Network
6 min listen
Job data is a good omen before Powell's speech - November 9, 2023: To pivot or not to pivot? That’s the question as the Fed head is due to speak again later today. His speech will be closely watched by his investors, who were disappointed by his silence on the monetary policy in another speech yesterday. Apart from that, it's a... by The Market Screener
3 min listen
This ain't happening! March 8, 2023: Jerome Powell got tough yesterday: he warned that rates will have to be raised higher than expected to regain control of prices. Investors were expecting this, so indices took a hit but did not collapse. Investors struggle to consider the possibility of a recess... by The Market Screener
5 min listen
Powell Sparks Market Sell Off, as Stocks Go Red For August Description 8/26/22: Major indexes posting their biggest losses in over two months after Fed chair Jerome Powell laid the groundwork for more rate hikes to come. So is this just the start of an even bigger sell off, and potentially a break to lower lows? The traders lay out the case and try to find opportunities in the market. by CNBC's "Fast Money"
22 min listen
Powell, the paper tiger - February 5, 2024: Jerome Powell’s interview on Sunday, and last week’s much better than expected job numbers are forcing investors are forced to rethink their expectations of rate cuts, sending futures down and Treasury yields up this morning. But is Powell really taken seriously... by The Market Screener
4 min listen
How will the US Fed's decision on high interest rates impact India? | In Focus podcast: Biswajit Dhar speaks to us about how the US Federal Reserve’s move will affect the rupee, interest rates, and foreign exchange reserves in India. by In Focus by The Hindu
25 min listen
Good News For The Economy Seems To Be Bad New For Fed Policy by Schwab Network
8 min listen
It's Jerome time - June 21, 2023: Futures on the main Wall Street indexes were slightly down today after investor sentiment took a few hits, including a lack of new stimulus from China, sticky inflation data in Britain and a drop in European real estate. And of course, investors are awaiting the... by The Market Screener
5 min listen
Financials and the Fed driving the market by Moving Markets: Daily News
9 min listen

Discover this podcast and so much more

Powell's mixed signals and Pacwest weigh on US indices - May 4, 2023

Powell's mixed signals and Pacwest weigh on US indices - May 4, 2023

Description

Titles in the series (100)

More Episodes from The Market Screener

Related podcast episodes