Here are five things you must know for Friday, May 13: 1. — Stock Futures Moved Higher As Powell Rate Soothe Rate Betting Bulls US equity moved higher Friday, potentially snapping a six-day losing streak for the Dow, as investors looked to an ease in market volatility amid stabilizing cryptocurrency prices and detailed comments on … Read more
Here are five things you must know for Thursday, May 12: 1. — Stock Futures Slide, Dollar Leaps As Tech Rout Continues US equity futures extended declines Thursday, potentially pulling the Dow into its sixth consecutive slump, as investors continue to shed risk assets in markets around the world amid renewed concerns that central bank … Read more
Here are five things you must know for Tuesday, May 10: 1. — Stock Futures Bounce As Investors Buy Dip After Lowest S&P 500 Close In A Year US equity futures bounced higher Tuesday, potentially lifting the S&P 500 from its lowest closing level since March of last year, as investors look to tame a … Read more
With prices are skyrocketing, labor shortages, the raging war in Ukraine, tight supply chains and now rising interest rates, fears of an impending recession are everywhere. Except, of course, at the White House – which is in total denial. Just like it was about inflation. “The ‘inflation shock’ is getting worse, the ‘rate shock’ is … Read more
With prices are skyrocketing, labor shortages, the raging war in Ukraine, tight supply chains and now rising interest rates, fears of an impending recession are everywhere. Except, of course, at the White House – which is in total denial. Just like it was about inflation. “The ‘inflation shock’ is getting worse, the ‘rate shock’ is … Read more
Text size The time of dreams About the Author: Ashwin Alankar is Head of Global Asset Allocation at Janus Henderson Investors. The market’s recent tendency to frame new developments in a negative light received a boost earlier this month when the yield on the 2-year US Treasury briefly rose above the 10-year. It was the … Read more
Updated at 9:48 a.m. EST U.S. retail sales growth slowed again in March, Commerce Department data showed Thursday, as record gasoline prices and soaring inflation appear to have hit consumer spending. discretionary. March retail sales rose 0.5% from the previous month to a total of $665.7 billion, the Commerce Department said, just short of Street’s … Read more
The Federal Reserve is about to start unwinding its balance sheet for the second time after the financial crisis, but this time the process will start sooner. The time of dreams Text size The Federal Reserve is about to start shrinking its massive balance sheet. Officials say the process will happen in the background, but … Read more
The Federal Reserve is about to start unwinding its balance sheet for the second time after the financial crisis, but this time the process will start sooner. The time of dreams Text size The Federal Reserve is about to start shrinking its massive balance sheet. Officials say the process will happen in the background, but … Read more
A Bank of America analyst has warned that the US economy is rapidly deteriorating and could plunge the country into a recession just three days after Deutsche Bank predicted the slump to come in 2023 as the Federal Reserve tightens interest rates to stem the surge inflation. BofA Chief Investment Strategist Michael Hartnett wrote in … Read more
