Home StocksDow Jones Fed to Remain Dovish as US Economy Recovers

Fed to Remain Dovish as US Economy Recovers

by Paul Ebeling

#Fed #FOMC #dovish #economy #recovery


Chairman Powell and other Fed policymakers have reiterated that while they expect inflation to spike as the economy improves throughout this year, they do not expect the increase to be long-lasting“–Paul Ebeling

When the Fed’s policy-setting FOMC opens its 2-day meeting Tuesday, we do not expect officials to raise rates or otherwise signal any backing away from the easy money policies rolled out to aid the US economic bounceback, despite fear of rising inflation.

Fed officials have stated that they will not be spooked by temporary price increases into reacting too quickly and putting the brakes on stimulus measures.

Monday, the benchmark US stock market indexes finished at: DJIA -61.92 to 33981.57, NAS Comp +121.97 at 14138.80, S&P 500 +7.45 at 4187.62, and the Russell 2000 (+1.2%) outperformed.

Volume: Trade on the NYSE came in at 813-M/shares exchanged

HeffX-LTN’s overall technical outlook for the major US stock market indexes is Very Bullish in here.

  • Russell 2000 +16.4% YTD
  • S&P 500 +11.5% YTD
  • DJIA +11.0% YTD
  • NAS Comp +9.7% YTD

Looking Ahead: Investors will receive the Conference Board’s Consumer Confidence Index for April, the FHFA Housing Price Index for February, and the S&P Case-Shiller Home Price Index for February Tuesday. 

Have a healthy day, Keep the Faith!

You may also like


Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.