Cleveland Fed's Mester sees two more 50-bp rate hikes, then reassess pace Jun. 02, 2022 1:32 PM ET Like most other Federal Reserve officials, Cleveland Fed President Loretta Mester expects the central bank to increase its policy rate by 50 basis points for each of the next two meetings, she said during an online speech sponsored by the Philadelphia Council for Business Economics. It will then be appropriate to assess the pace at which the Fed should tighten, she said. "The federal funds rate will probably have to go above the expected longer-term neutral rate. But we cannot assess that today," Mester said. It will depend on how the economy evolves, she added. Her own estimate for long-run neutral rate is 2.5%. While the risk of recession has increased, she expects a "sharp slowdown can be avoided."
Boy you knew this was coming... White House considering proposal to tax oil and gas "windfall" profits Jun. 02, 2022 1:27 PM ETPXD, DVN, XOM, SHEL, AOIFF, KOS, DETNF, EQNR, UNG, USO, XLEBy: Britain did this and it went over just too easy. Will raise Billions for spending. Nobody objected. I doubt it will go over as easy here... But it's a good idea.
Southern Copper Corporation (SCCO)- My fave' copper idea 8% Div NYSE - Nasdaq Real Time Price. 64.30+2.31 (+3.73%)<---WATCH-! As of 01:53PM EDT.
THE CHILDREN ARE UP $2 ON FLYW! Flywire Corporation (FLYW) NasdaqGS - NasdaqGS Real Time Price. 20.57+1.11 (+5.68%)<--------------- As of 01:55PM EDT.
GRID HIT $20.80 TODAY. IT OBVIOUSLY RAN INTO SOME SELLING THERE. (GDYN) NasdaqCM - NasdaqCM Real Time Price. 19.62+1.10 (+5.94%)<----------- As of 01:57PM EDT.
VAN HAVE YOU COVERED THE CHDN " SHORT " TWO LOTS AS I REMEMBER... horse race this sat....! IF YOU DID NO PROB- YOU ARE NOW LONG Churchill Downs Incorporated (CHDN) NasdaqGS - NasdaqGS Real Time Price. 211.14+7.36 (+3.61%) As of 02:04PM EDT. Market open.
LET5 GO GET UP!!! ENOUGH!! WE ARE DOING THIS OLD SCHOOL STYLE --BACK IN THE DAY RIGHT HERE AT ET WE HAD AFTERNOON RELEASE! MID DAY DANCE PARTY GET OUT OF YOUR CHAIR YOU FAT MFer';' get the circulation going-- wake up legs-- stop hunching over--life is about more than stocks GET UP! People shout it out! Come get some!
RBLX +16% TSP +13% UPST +12% PLTR +11% BFLY +10% KNBE +10% AFRM +9% MQ +9% MTTR +8% SNAP +8% NKLA +8% COIN +7% DKNG +6.5% ASO +6.5% LMND +6% TSLA +6% AZEK +5% ZM +5% MRVL +5% ABB +4% HOOD +4% The only two stocks in the world not up are OI and IMAX