On Wire

WASHINGTON, Jan 26 (Reuters) – The Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what U.S. central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. https://www.reuters.com/business/finance/inflation-fighting-fed-likely-flag-march-interest-rate-hike-2022-01-26/ The asset purchases will continue for a … Read more

https://twitter.com/WallStreetSilv/status/1486112156345114625

https://twitter.com/WallStreetSilv/status/1486506189332656129 https://twitter.com/WallStreetSilv/status/1486488900176695298

The last large-format Sears department store in Pennsylvania, at the Willow Grove Park mall, will close its doors permanently, perhaps in about a month. “They’ve been dropping like flies,” said Jack Batra, who is known on social media as “List Man Jack” and part of a loose-knit community tracking through online postings, media announcements, and … Read more

Last time large cap had this big a valuation premium over mid/small cap was 1999. They hit the generals last… pic.twitter.com/SXWqwBixFP — Endless Capit🅰️l (@endless_frank) January 27, 2022 $IWM could not get out of its own way, after trying to re-test pivotal resistance, a more hawkish presser than the market anticipated sent rates soaring and … Read more

If you 'e a trader suffering post-FOMC withdrawal, fear not. We have plenty of high-level event risk over the next 24 hours:– Chinese industrial profits– Germany consumer confidence– SARB rate decision– US 4Q GDP– US durable goods (supply chain)– Earnings – AAPL, HOOD, X — John Kicklighter (@JohnKicklighter) January 26, 2022

Key point the market has been very slow to grasp: POWELL: WE FULLY APPRECIATE THIS IS A DIFFERENT SITUATION THAN THE LAST TIME FED RAISED RATES — ʎllǝuuop ʇuǝɹq (@donnelly_brent) January 26, 2022 *The Fed via Powell has effectively confirmed they will tighten ‘gradually’ – and into a slowdown 2021 was a year of noise … Read more

by jessefelder In a year filled with notable market phenomena, one of the more notable of 2021 was the dramatic divergence between US and Chinese tech stocks. While the former consistently surged to set new highs the latter crashed, giving back all of its gains since the onset of the pandemic and then some. The … Read more

San Francisco officials pledged to better protect Asian Americans and Pacific Islanders as preliminary data from the city’s police department showed the number of people who reported being the victim of an anti-AAPI hate crime in the city last year increased by 567 percent compared with the previous year. There were eight anti-AAPI hate crimes … Read more

by Chris Black My question to the integralist “Christ is King” crowd, and I make it in good faith, is: what exactly would change in America if we put the Catholic Church in charge of our government? How would Pope Francis and the Catholic church address the issues driving populist sentiment in America and Europe, … Read more

by Chris Black 300% increase in cancers 1000% increase Neurological issues in military, from 82k per year 861k in one year Attorney Thomas Renz reveals what multiple DoD whistleblowers have provided on the safety signals they are seeing These numbers are mind blowing! @SenRonJohnson pic.twitter.com/gs4fhwF1Po — Chief Nerd (@TheChiefNerd) January 24, 2022