The week's most significant event was the FOMC decision to increase the Fed Funds Rate (“FFR”) by 50bps. Also, Powell said that 50bp increases in the FFR should be on the table at the next couple of meetings.…
On Friday, Beijing held a symposium
[https://www.bloomberg.com/news/articles/2022-04-29/china-s-politburo-pledges-efforts-to-meet-economic-targets]
on the heels of the Politburo…
FOMC is Approaching; Uninspiring Earnings Season; Technical Doesn’t Help; Neither Does Amazon; Last Hope; Meanwhile in China; Politburo Highlights; Reiterating the View…