Articles by Jim Edwards
Whoever replaces Jerome Powell as chairman of the U.S. Federal Reserve in May knows one thing: If they dont do what President Trump wants, they risk being criminally prosecuted. That was the unambiguοΏ½...
Back in October of last year, 55% of traders in Fed Funds futures contracts assumed the U.S. Federal Reserve would deliver an interest rate cut this month, bringing the base rate down to the 3.25% leοΏ½...
The U.S. Supreme Court could rule as soon as Friday on whether President Trumps tariff regime is unconstitutional. If the court strikes down his trade policies, it could jeopardize up to one-third ofοΏ½...
The S&P 500 hit a new record high yesterday, up 0.62% at 6,944.82. Futures are marginally down this morning, as might be expected from traders who want to sell up and lock in some of those gains.οΏ½...
When the U.S. Bureau of Labor Statistics reported that its most recent measure of consumer price inflation was just 2.7%, it came as a surprise to many. The consensus prediction on Wall Street had beοΏ½...
The price of oil (as measured by Brent crude) fell nearly 2% overnight as traders digested the U.S. invasion of Venezuela and the capture of its dictator, NicolΓ‘s Maduro. Perhaps counterintuitively, ...
Stock in Michael Saylors Bitcoin treasury company Strategy was up 1.22% in early trading today, giving the company a brief period of relief. The stock has declined 66% since its high last July, and tοΏ½...
The S&P 500 rose 16.5% in 2025, and investors in U.S. equities are pretty happy about that. Futures are up 0.62% this morning as the index makes another attempt on its all-time high, 6,932, whichοΏ½...
The S&P 500 closed up 0.46% yesterday to hit a new record of 6,909.79. The index is now up 17.48% for the year. With only the quiet Christmas week left before the end of the year its likely that οΏ½...
U.S. GDP grew 4.3% in Q3, according to the Bureau of Economic Analysis. That far surpassed the consensus estimate among analysts, which was for a rise of 3.2% year-on-year. Thats pretty decent growthοΏ½...
