With just under a week left until month-end, the S&P 500 closed last week in negative territory, down -1.05% MTD, as shown in the chart below. Will it manage to close June in positive territory? We know that the war(s), comments from the U.S. President, and statements from Warsh (Powell’s successor) generated some volatility last
Just like my analysis mention last week, the Fed does not expect a rate raise this year. The Fed chair told a congressional committee that the Fed is preparing to consider increases “on a meeting-by-meeting basis,” a subtle change that helps to lay a foundation for the central bank’s first rate hike since 2006, although

