US bank mgmt teams other than those at JPM are downbeat. Citi missed on revenues, with the CEO citing a “very disappointing”...
Read moreNow you can explain to your grandparents what a Bitcoin ETF is, as the SEC authorized the product, per Reuters. Ether gained 9...
Read moreInvestors are a bit on edge, waiting for Thursday’s CPI print. That will be sign for potential Fed moves this year. It should sh...
Read moreThe World Bank is saying that the global economy is on course for its worst half decade for growth in 30 years. Growth is es...
Read moreCongressional leaders announced a bipartisan deal on top-line spending levels for the current fiscal year, which should help...
Read moreWell... stocks look to continue their 2024 confusion-filled hangover after payrolls continued to surge causing fears that wagers ...
Read moreLike the Energizer Bunny, U.S. companies kept going, and going, with their hiring in December. This is now sparking doubts on h...
Read moreMarkets look positioned to extend their drop in 2024 as traders look to a number of datasets / Fed minutes as to whether inter...
Read moreAs we begin the first trading day in 2024, markets look to start the new year with questions on the health of the economy and if...
Read moreNo doubt many of you will be doing the year-end countdown this weekend, perhaps with bubbly in hand. Market-wise, while we st...
Read moreDriven by central bank cutting bets, global debt has had a nice run here in 4Q23. For those keeping score, the BBG Global Agg...
Read moreWith Friday being the last trading day of 2023, it’s almost if investors simply want to reach new highs. We closed within 0.5%...
Read moreEquities in the early morn' are slightly green. We had thin trading overnight overseas, with some markets still closed. The d...
Read moreIsn’t everything breaking news these days? I laughed when seeing that headline for today’s inflation reading. Most people ge...
Read moreNot sure if you received a gazillion notes yesterday afternoon, flagging that the sender wasn’t sure why the markets were ...
Read moreGlobal bonds rallied on the back of soft inflation data as traders increased positioning for rate cuts, estimating up to 145bps...
Read moreThe Fed’s Daily is warming investors up to easing in 2024, saying that he wants to avoid overtightening, per Reuters. The SP...
Read moreJapanese co Nippon Steel is buying US Steel for over $14bn in cash, roughly a 40% premium to Friday’s closing price. ...
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