Recession Panic Sends Investors Flocking To Treasuries: How Low Can The 10-Year Yield Go?
U.S. Treasuries are once again serving as a safe haven for investors as they digest gloomy economic data that suggests a recession may be in sight.
Digging For Discounts: Gold Mining Stocks Offer 30% Bargain—Is It An Unmissable Buying Opportunity?
Gold mining companies have returned to the forefront of the market as gold prices break decisively above $2,000 per troy ounce and are projected to approach their all-time highs.
Inflation Is About To Plummet, Wall Street Firm Says: Here’s When Things Should Get Back To Normal
According to Bank of America Securities, the U.S. economy will enter a phase of sustained disinflation, which will intensify over the remainder of 2023.
These 5 High-Growth Small-Cap Stocks Surged More Than 100% In Q1: What’s Next?
The S&P 500 index, which is tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), posted a gain of 6.2% in the first quarter of 2023, while technology stocks in the Nasdaq 100 index, which is tracked by the Invesco QQQ Trust Series 1 (ARCA: QQQ), fared much better by posting a 20% increase in the quarter, also marking the third-best quarterly per
ISM Services PMI Misses Expectations: Investors Flock To Treasuries, Defensive Stocks Amid Economic Concerns
The increase of economic activity in the United States' services sector slowed in March, with the ISM Services Purchasing Managers' Index dropping from 55.1 to 51.2, falling short of estimates of 54.5.
Eight of the 10 subindices that constitute the overall index fell during the month.
Labor Market Is Cooling: ADP Job Growth Misses Expectations. Here’s How Fed Rate Bets And Markets Are Reacting
The market got another hint of labor market weakness in the United States on Wednesday, as Automatic Data Processing, Inc. (ADP) reported 145,000 jobs added by private companies in March 2023, down from 261,000 in February and significantly below forecasts of 200,000.
Bullion’s Wall Street Boom: Technicals Suggest All-Time Highs Might Be Hit Soon
Gold is having another strong week of gains, breaching the important psychological barrier of $2,000/oz and now nearing its August 2020 record high of $2,075/oz.
The SPDR Gold Trust ETF (ARCA: GLD) is barely 3% away from its all-time high of $195.
A series of bullish catalysts has fueled the precious metal's recent climb.
EXCLUSIVE: Gene Munster Sees Growth Stocks Rising With Lower Rates, Warns Of AI Hype
Gene Munster, managing partner at Deepwater Asset Management, joined Benzinga's "PreMarket Prep" show Monday to share his outlook for megacap stocks.
3 Signs A Recession Is Coming: Just 1 Is Left Before Bank Of America Sounds The Alarm
Bank of America published a playbook Tuesday on how to spot recessionary bear markets and which assets perform best during downturns.
Recession Playbook In Action: Cooling Labor Market Triggers Rally In Treasuries, Gold; Stocks Decline
Recent economic data has prompted investors to hedge against the rising likelihood of a recession.
In February 2023, there were 9.9 million job openings, which was the lowest level since May 2021 and below market estimates of 10.4 million, suggesting that the labor market may have begun to weaken.