The Fed shocks the market triggering an abrupt selloff Published by Hilliard MacBeth on Dec 20, 2024 The U.S. Federal Reserve surprised markets this week with a small rate cut (expected), a forecast for fewer rate cuts next year and higher inflation (very unexpected). This was a more hawkish report than the market expected. The stock market reacted very... Read more
Anarcho-capitalist Javier Milei disrupts Argentina and has U.S. admirers Published by Hilliard MacBeth on Dec 13, 2024 Javier Milei is making huge changes in Argentina and U.S. leaders like Donald Trump and Elon Musk are planning to follow his radical moves. Will Argentina survive Milei? Will the U.S. copy his program? Source: The Economist While Americans were electing... Read more
Stock prices reach bubble levels in US Published by Hilliard MacBeth on Dec 06, 2024 The U.S. stock market is extremely expensive, by all measures. Technology companies like Nvidia lead the way, but even the average stock is overvalued in relation to past cycles. When will there be a correction in the U.S. stock market? As we approach... Read more