
ServiceNow stock has remained in a strong bull run this month, moving to its highest level since January this year. NOW has soared to $138, up by 70% from its lowest level this year. This rally may continue as demand for its services continues and as a golden cross pattern nears. ServiceNow stock is set […]
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Kevin Warsh did not give markets the forward guidance they wanted at Jackson Hole. He gave them something more consequential: a much clearer hierarchy of risks. Inflation is first. In his first Jackson Hole keynote as Federal Reserve chair, Warsh described the economy as resilient, the labor market as broadly consistent with full employment and […]
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Markets await Federal Reserve Chair Warsh’s Jackson Hole speech, US Nonfarm Payrolls benchmark revisions, and sticky inflation data. Federal Reserve Chair Kevin Warsh’s Jackson Hole Debut and Policy Uncertainty Financial markets are intensely fixated on Federal Reserve Chair Kevin Warsh’s highly anticipated debut speech at the annual Jackson Hole Symposium. This address arrives at a […]
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The US stock market ended lower on Friday as investors assessed Federal Reserve Chair Kevin Warsh’s warning that recent inflation data had not shown enough improvement to alter the underlying trend. The remarks increased expectations for a potential interest rate hike in September. The S&P 500 fell 0.26% to 7,711.05, while the Nasdaq Composite dropped […]
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