AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Chairman Powell’s recent comments suggest that the Fed may not be skipping the pause and could be serious about raising the Fed Funds Rate as soon as this month’s policy meeting.
Bloomberg’s IPO Index is up over 40% this year.
Investors are turning to the euro and yen as safe havens amid rising global uncertainty and currency market volatility. Slowing US labor markets, tariffs, and an impending Fed easing cycle weigh on the dollar, adding to a bearish outlook.
Over the last few days, spreads on Portuguese debt have blown out to record levels, as the Euro debt contagion continues to spread.
