Saudi Arabia Secures $12B In Largest Foreign Debt Borrowing Since 2017
Saudi Arabia has issued $12 billion in debt, marking its most significant foreign borrowing since 2017, at a…
US Stocks Rebound, Semiconductors Shine, Boeing’s Struggles Weigh On Dow: What’s Driving Markets Monday?
Wall Street kicked off the week on a positive note, marking a turnaround from the challenging start to the year. All major stock indices showed gains, except for the Dow Jones, as financial conditions showed signs of improvement.
December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?
Economists' and financial analysts' varied reactions to Bureau of Labor Statistics' December jobs report.
December Jobs Report Topples Expectations: Robust Payroll, Wage Growth Jeopardize Fed’s March Interest Rate Cut
December jobs report showed Non-farm payrolls, unemployment rate, wage growth and hourly earnings all beat expectations, suggesting U.S. labor market is more resilient than anticipated.
Interest Rates Unlikely To Fall Soon: Bond Guru Projects 10-Year Yields Spiking To 5.5% In 2024
Jim Bianco projects 10-year Treasury yield to reach 5.5% in 2024 due to a hawkish Fed approach and resilient economy.
El-Erian Says Bond Market Is Now More Consistent With Economy Evading ‘Deep Recession’
Allianz chief economic adviser and well-known economist Mohamed El-Erian pays close attention to the bond market, as it can often be an indicator for future stock market performance and broader economic conditions.
Tech Stocks Ease Further, Bond Yields Rise, Banks Outperform: What’s Driving Markets Thursday?
The early 2024 sell-off has slowed down on Wall Street, with major indices showing flat or marginal performance at noon in New York on Thursday, except for the tech-heavy Nasdaq 100, which continued to drop.
Soft Landing? Don’t Bet On It Just Yet: Fed’s Barkin Indicates Further Rate Hikes Possible
Richmond Federal Reserve President Tom Barkin delivered a mixed message about the U.S. economy in his recent speech,…
Bonds Behaving ‘Almost Like A Meme Stock,’ Says Equity Strategist: ‘The Bond Market Is In Charge’
The bond market is mirroring the behavior of meme stocks, drawing the spotlight from equities as fluctuations in US Treasury yields fuel a rally in the S&P 500 and Nasdaq.
60/40 Portfolio Bounces Back From 2022 Slump: Is It The Right Investment Strategy For 2024?
The traditional 60/40 investment portfolio recorded 13% growth in 2023, its third-best year since 2008. Investors ponder if favorable conditions in H2 of 2023 will continue in 2024.