Fed Beige Book Reveals Holiday Cheer For US Economy: Tourism Spending Runs Hot, But Real Estate Worries Surface
Fed Beige Book shows consumer resilience, higher leisure travel patterns and, at the same time, a fall in manufacturing activity.
US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What’s Driving Markets Wednesday?
Another day of losses shook up Wednesday’s stock trading session on Wall Street.
All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year.
VIX At 2-Month High: Fears Mount As Markets Re-Assess Rate Cut Premium
The recent increase in the VIX may be partly influenced by one of several factors, including changing expectations around Federal Reserve interest rates, similar to what influenced its decline in October.
Annual Retail Sales Surge By 5.6% In December, Hit 10-Month High, Showcase Robust Consumer Demand
December 2023 saw U.S. retail sales surpass expectations, indicating robust consumer demand and influencing market trends, including a stronger U.S. dollar and shifts in Treasury yields.
US Stocks Set To Open In Red On Rate Worries Ahead Of Fed Speeches, Data: Analyst Pins Q4 Earnings Hopes On ‘Magnificent 7’ And Margins
Global cues may also weigh in, as Asian stocks saw a decline in response to fourth-quarter China GDP data.
Why This Bullish Analyst Warns Of 7% Drawdown In S&P 500 After Possible ‘Minor New High’ This Month
Tom Lee from Fund Strat said he's still hopeful for the year but mentioned a potentially bumpy first half.
Fed Gov. Waller’s Talk Tempers Rate Cut Hopes: Fed In No Rush, Rattles Investors
Federal Reserve Gov. Christopher J. Waller's recent comments at The Brookings Institution have significantly impacted market expectations regarding interest rate cuts.
No Recession In 2024? Institutional Investors Long On Magnificent 7, Small Caps
Investors are confident about no recession in 2024, preferring tech giants, overweight on US equities, and expect Fed rate cuts and corporate earnings.
Nasdaq, S&P 500 Futures Slide On More Bank Earnings Anxiety: Analyst Tells Why Markets May Still Hit New Highs In January
Traders will also keep a close eye on key economic data such as retail sales, manufacturing sector indicators, and housing market metrics.
Krugman Says ‘Inflation Really Looks Like Yesterday’s Problem’ As He Points To A Metric That Is Harbinger Of Fed Rate Cuts
Economist Paul Krugman sees the Fed's preferred inflation gauge dropping below the 2% target on a six-month basis.