Warsh first FED conference and he maintained interest rates but turns hawkish - a sign for rate hike come end of year? Stocks crumbled hard last night but overnight looks ok to me as most have recovered slightly. Tech stocks are the most likely to bear the grunt of the news as people rotate money back into safer sectors like healthcare & banking. I do think 2026 will still end with a double digit growth year but I don't expect another explosive upwards trajectory for the rest of the year.

Longbridge - Hotspot
Hotspot

☕ [Task Coins Giveaway] Daily Market Talk — Warsh's First Meeting, Markets Didn't Like It

Warsh's first Fed meeting flipped expectations hawkish — S&P -1.2%, Nasdaq -1.3%. SpaceX had its first down day post-IPO, Apple's warning on iPhone price hikes, and SG exports hit a 20-year high. Let'...

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.