The Fed's Latest Inflation Reading Has Good and Bad News for the Stock Market. Here's What It Means for Investors.
Key takeaways
- NVDA After serving as the Federal Reserve chair for eight years, Jerome Powell handed the reins to Kevin Warsh, who recently made his first interest rate decision.
- One number ultimately affects how expensive mortgages and other loans are, as well as corporate borrowing costs.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA After serving as the Federal Reserve chair for eight years, Jerome Powell handed the reins to Kevin Warsh, who recently made his first interest rate decision. The federal interest rate gets a lot of attention because it affects a key part of the country s monetary policy, which can trickle over into the stock market.
One number ultimately affects how expensive mortgages and other loans are, as well as corporate borrowing costs. That s why companies and consumers alike tune in to the Fed s interest rate decisions to gauge how they will affect the economy. Let s take a look at what the Fed s latest interest rate decision means for investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »