Fed Chair Powell keeps tightening. As Darren Winters explains; in its latest rate decision, Fed Powell has taken the target range for its benchmark funds rate to 2.25 percent to 2.5 percent. The move marks fourth increase this year and the ninth since it began normalizing rates in December 2015. Fed Chair Powell keeps tightening …
Methodical unwind of stock prices
The methodical unwind of stock prices is underway with already 438 stocks on the NYSE down by 40%-90%. As Darren Winters points out, FANG stocks, the once cheerleader of the technology sector is deep into bear territory. The big five Facebook, Amazon, Netflix and Google have shed more than 20% of their value from their …
FAANG stocks bubble burst
As Darren Winters points out, the FAANG stocks bubble burst is now so audible that you would have to be hard of hearing or have your earplugs on not to be aware of it. FAANG (which is an acronym for Facebook, Amazon, Apple Netflix, and Google) stocks is currently in a grizzly bear-market. A bear …