In a note last week, JPMorgan’s Andrew Tyler wrote that macro conditions could turn a widely-expected rate cut into a “sell the news” event.
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In an interview with Barron’s, Lowe’s CEO Marvin Ellison said a rebound is inevitable in America’s something’s-gotta-give housing market
In the last decade, global government bonds with maturities over 10 years suffered a median loss of 2% in September, according Bloomberg.
Two key forces were to thank: consumers, who spent more than original estimates, and businesses, which did the same.
In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.
On the other hand, the market slowdown is — ever so incrementally — taking a toll on house prices, according to Zillow forecasts.
The economy added just 73,000 jobs in July, according to the Labor Department, well below the expectations of economists surveyed.
Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?
On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.
The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.
The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.
The TINA trade has hit some snags in recent years, with bonds looking like a pretty swell alternative in an era of high interest rates.
The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the economic metropolis.
The US debt is about the same as its entire economic output and is projected to grow if Trump’s megabill passes.
AI and hiring binges during the pandemic have been cited as the driving force behind the pace of layoffs in the tech sector.