Am I The Only One Who Can’t Stand Suze Orman?

Money TalksWhat with everything else going on, from Trump to Brexit to the horror in Dallas, it’s onerous to give attention to developments in monetary markets — especially because we’re not going through any speedy disaster. But extraordinary things have been taking place recently, especially in bond markets. And as a result of cash nonetheless makes the world go ’round, consideration should be paid to what the markets are attempting to tell us.

The industry has pressed again in some areas. In specific it opposes the idea of allowing the funds’ internet asset values to stray from $1 a share, which some say makes them too inflexible and might scare traders. On the opposite hand, cash funds have largely defended their French financial institution holdings since questions about them began this summer time. The fact that they stood by the banks by July, despite main outflows from the funds’ personal traders …

Why the Fed’s latest rate hike sent stocks to the moon: Morning Brief

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Thursday, July 28, 2022

Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn.

Stocks moved in one direction on Wednesday — higher.

When the closing bell rang, the Nasdaq was up over 4%, the S&P 500 had risen 2.6%, and the Dow was up 1.4%. This marked the Nasdaq’s biggest rally since November 2020.

Including Wednesday’s surge, the S&P 500 has gained more than 1% after each of the Fed’s last four meetings, all of which have included interest rate hikes from the central bank.

And since hitting its most recent low on June 16, the S&P 500 is now up 10%.

What ultimately moved markets on Wednesday was, as always,

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