On the interior, a fabric twenty dollar bill is printed permanently inside so the owner always has money.
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Interactive Advisors
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Powell reiterated that he doesn’t think the Fed will cut rates at its March meeting, signaling that mid-year would likely be a better time to introduce a cut, citing the need for more data to illustrate that recent gains in controlling inflation aren’t transitory.
Market breadth finally looks healthy — very healthy, in fact — and is finally confirming the strength of the rally.
Hedge fund manager Whitney Tilson at T2 Partners warned this week that stocks might not have a big upward catalyst from here. Still, he sees long-term value.
Drew Steinman manages the Leveraged Value portfolio on Covestor.