STOCK MARKET WATCH - Thursday, 17 June 2021

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 17 June 2021

Previous SMW:
SMW for 16 June 2021




AT THE CLOSING BELL ON 16 June 2021


Dow Jones 34,033.67 -265.66 (0.77%)
S&P 500 4,223.70 -22.89 (0.54%)
Nasdaq 14,039.68 -33.17 (0.24%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:











Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[bucolic_frolic]

1. The Fed's announcement

is a vague blueprint for normalizing rates. My opinion is when the employment recovery is complete the Fed will have to two-step with higher rates quickly and more sharply than is currently expected, but that will be in 2022 or even 2023.

Powell wants reappointment so he will continue loose policies. No sitting president will tinker with a rapid growth position.