Today we will see what the market’s reaction is to a mix of drivers—from an options expiry to an out-of-cycle rebalance for t...
The S&P’s day session has been responsible for all of the market’s positive return, with overnight trading generating ...
The forward multiple for the US market is roughly 19.8x, much higher than historically. Earnings estimates for 2024 imply a +10% ...
Overall, expenses are up and results depend on the bank. BofA notched a beat on earnings with strong gains by its fixed-income an...
Per Bernstein, FOMO brought in a massive inflow to tech in the last 4 weeks....
Fed Gov Waller backs two more rate hikes, per the FT and Bloomberg. St Louis Fed's Bullard announces resignation effective m...
Longbow’s proprietary signal is back at 100, meaning that investors have thrown caution to the wind. Histo...
That’s the headline from today’s numbers. CPI increased by 3% last month y/y, and by 0.3% m/m from May. Core inflation rose...
Tomorrow’s CPI print may be the last piece of data incorporated by the Fed for its next rate decision on July 26th, with memb...
You’re probably trying to figure out the equity market right now. It’s in a watchful state ahead of the week's highly ant...
That’s the summary of the resilient jobs market data out today, with wages growing faster than expected, even if jobs growth ove...
The Fed minutes showed that some didn’t want to pause in June, and a large majority of members were on board for more tightening....
The morning market pullback relates to softer China services data, as well as continued tech tensions between our countries. A...
One reason the market is up today relates to the PCI number coming in low (+0.1% in May), easing to the slowest pace in >2 y...
Goldman lost its #1 ranking for global M&A for the 1st time in 5 years, with JPM taking the top spot with a 22.5% market share, ...
BBG is out with a story about Chinese billionaires and entrepreneurs working hard to catch up to US competitors in the AI race....
Durable goods orders rose more than expected in May, so investors are hoping that growth is tending towards the "s...
Thanks to UBS for pointing out that while the S&P increased by +4.0% MTD in June, returns during regular trading hours re...