HomeMarketsU.S. EconomyTuchman: 'Reactive' Market Hinges Too Much on Fed, Now Buying Back What it Sold

Tuchman: 'Reactive' Market Hinges Too Much on Fed, Now Buying Back What it Sold

Peter Tuchman, the "Einstein of Wall Street," says "we're in a new market" that reacts quickly to harsh news. He points to today's rally in tech, communications and consumer discretionary sectors to support his thesis, noting they were the same sectors that sold off yesterday. On the Fed, Peter says the market relied too heavily on rate cuts despite the economy showing signs of strength.

Trading 360

17 Jan 2025

SHARE

ON AIR
8:30 am
Market On Close
replay
12:00 am
Market Overtime
REPLAY
12:30 am
Market On Close
REPLAY
education
2:00 am
Your First Trade
REPLAY
education
2:30 am
Your First Trade
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
education
5:00 am
Liz Ann Live
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Market Overtime
REPLAY
8:00 am
Market Overtime
REPLAY
ON AIR
8:30 am
Market On Close
REPLAY
education
10:00 am
Schwab 2026 Outlook
REPLAY
11:00 am
Fast Market
REPLAY
12:00 pm
Next Gen Investing
REPLAY
education
1:00 pm
Liz Ann Live
REPLAY
1:30 pm
The Wrap
REPLAY
3:00 pm
Market Overtime
REPLAY
4:00 pm
Market Overtime
REPLAY
4:30 pm
Market On Close
REPLAY
education
6:00 pm
Schwab 2026 Outlook
REPLAY
7:00 pm
Fast Market
REPLAY
8:00 pm
Next Gen Investing
REPLAY
education
9:00 pm
Liz Ann Live
REPLAY
9:30 pm
The Wrap
REPLAY
11:00 pm
Market Overtime
REPLAY

Schwab Network's Newsletters

Daily insights for every investor