The minutes of the Fed’s meeting showed a lively discussion on why inflation continues to trend below the Fed’s 2% target and what that means for the future path of rate hikes.read more
Small gains in stocks. Dow (+0.1%) rose for fourth day in a row, clearing psychological level of 22,000. S&P 500 +0.1%,Nasdaq +0.2%.read more
We expect 6–9% returns for the S&P 500 Index in 2017, commensurate with expected earnings gains, though seasonal factors and policy risk may lead to higher near-term volatility.read more
The Dow Jones Transports (transports) have been one of the weakest segments of the market since July. As Charles Dow suggested more than 100 years ago.read more
Stocks little changed. Easing geopolitical tensions in North Korea, overseas gains, some strong data contributed to early gains that evaporated as the session progressed.read more
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