US stock market is now -21% for the year.

Concern over the coming Federal Reserve meetings on Tuesday and Wednesday continued from last week. With a new high for inflation Friday, now at 8.6% over last year, the trade has upped its expectation from a 0.5% increase in short term interest rates to now a 0.75% increase. The stock market pushed to new lows for the year today. The S&P 500 has now fallen 21% for the year.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls