Treasury Yields Almost Fully Erase Post-Inflation Data Surge As Poor Retail Sales Reignite Fed Cut Hopes
US Treasury note yields retract surge after the January inflation report, indicating a quick shift in investor sentiment.
Retail Sales Sink In January, Manufacturing Indicators Improve, Jobless Claims Fall: Thursday’s Economic Digest
Retail sales slow in Jan. after strong Dec., while surveys show signs of recovery in manufacturing. Jobless claims also fell. Stock futures up.
Nasdaq, S&P 500 Futures Edge Higher Ahead Of Economic Data Deluge: Analyst Lists 5 Reasons Why 2024 Will Be Another Good Year For Equity Market
The upward momentum appears to be intact despite the inflation-induced weakness seen earlier this year, and futures trading point to a cautious start.
Did January Inflation Numbers Spark Market Overreaction? ‘It’s Not That Big Of A Deal,’ Says Former CME Group Chief Economist
Disappointing CPI data on Tuesday caused market tumble and VIX rise. Former CME chief economist expects Fed to wait until June/July to cut rates.
Yellen Urges Focus On Long-Term Inflation Trend After January Data Rattles Markets: ‘Inflation Is Moving Decisively Down’
Janet Yellen says Americans feel better about economy as wages rise and inflation comes down, despite a Tuesday inflation report that sent markets lower.
Stocks Rebound As Investor Focus Shifts To Earnings, Bitcoin Tops $1 Trillion Value: What’s Driving Markets Wednesday?
The U.S. stock market attempted a rebound following Tuesday’s declines, which were sparked by a higher-than-expected inflation report in January, as investors refocused on corporate earnings.
Seattle’s Office Space Dives: 98.7% Dip Reflects Tech Storm, Hybrid Shifts
Seattle's CBD office property transactions plummeted by 98.7% in 2023 due to job losses in the tech sector and hybrid working models. Vacancy rates and prices are also on the rise.
“House Speaker Johnson Pushed Back At The $95B Foreign Aid Package Passed By The Senate, Saying The Bill Is ‘Silent’ On Border Security. ‘The Republican-led House Will Not Be Jammed Or Forced Into Passing A Foreign Aid Bill.'” – ABC News
https://abcnews.go.com/Politics/senate-vote-aid-bill-israel-taiwan-ukraine/story?id=107174930&cid=social_twitter_abcnA $95 billion aid package for Ukraine, Israel and Taiwan passed by the Senate 70-29 early Tuesday
Weekly Points – 5 Things To Know In Investing This Week
The Silly People Saying Silly Things Issue
Sticky Inflation, Surging Treasury Yields Push Mortgage Rates To 2-Month Peak: Real Estate Stocks Tumble
U.S. housing market faces pressure as mortgage rates rise to 6.87%, highest in 2 months. Inflation data and bond yields trigger market sell-off.