It stands to reason that a third straight month of strong jobs growth
might raise the odds of the Fed moving on short-term rates at its Sept.
Fed Chair Janet Yellen will address interest rates Friday from the
central bank’s annual meeting in Wyoming.
Economic data has been a mixed bag all year. But things are looking
better for a critical component of the profitability equation: revenue
The number of companies beating consensus estimates of 2Q revenue and
profits are both above the long-term average, and these overachievers
are clearing the expectations bar with plenty of room to spare.
This laser focus on central bank policy by so many investors is a
relatively recent phenomenon that appears to have grown more intense in
the post-Great Recession period of near-zero interest rates.