14 Nov – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Sign up here. Hello Morning Bid readers! The end of the U.S. government shutdown may be an example of “buying the rumor and selling the news”, as Wall Street tumbled on…
ORLANDO, Florida, Nov 13 (Reuters) – Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak session for U.S. asset prices. More on that below. In my column today I look at the emerging parallels…
Nov 12 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets Sign up here. Markets have already effectively priced in the U.S. government’s reopening on Monday, with today’s House vote to restore funding, opens new tab through January seen as a formality. Attention has now…
A look at the day ahead in European and global markets from Ankur Banerjee A handshake between Donald Trump and Xi Jinping, an expected hold on rates from the Bank of Japan and Federal Reserve Chair Jerome Powell’s cautious tone are all that investors can think about ahead of another onslaught of European earnings. Sign…
Oct 27 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets Sign up here. Trade and inflation relief are driving world stock markets sharply higher on Monday, as we begin a packed week of big central bank meetings and heavyweight tech earnings. I’ll get…
Bloomberg News is tracking the daily gyrations and cumulative impact of Donald Trump’s second term on stocks, the dollar, 10-year Treasury notes, gold and Bitcoin. Click here to see the tracker . Trick or treat? Investors may get both this Halloween week. They need to brace for “heightened volatility as investors navigate central bank policy…
President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of…
The “Warren Buffett Indicator” is a simple yardstick that compares the total U.S. stock market’s value to the size of the U.S. economy. It’s recently surged above 200%, a level Buffett once warned is like “playing with fire,” signaling stretched valuations versus economic output. It’s soared because market values have risen far faster than GDP,…
The U.S. economy expanded at a much faster pace than initially estimated last quarter, according to new Commerce Department data released Thursday. Gross domestic product grew at a 3.8% annual rate in the April–June period, topping both the government’s previous 3.3% estimate and the initial 3% reading. It was the strongest showing since the fall…
Bloomberg News is now tracking the daily gyrations and cumulative impact of Donald Trump’s second term on stocks, the dollar, 10-year Treasury notes, gold and Bitcoin. Click here to see the tracker . Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The…