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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Once again, the decision to keep Fed Funds at its current level came as little surprise, as the Fed continues to be sitting back and waiting to see how the economic and inflation landscape unfolds given the uncertainties that have arisen from tariff-related developments.
Why stocks blew out of the gates in the first quarter
The week got off to a quiet start as investors waited on April’s two key inflation reports, but stocks broke out of their lethargy and moved higher after consumer prices rose less than forecasted.
Most strategists hate stocks right now. Yet some big names are zigging when others are zagging and recommending exposure to riskier sectors.
