Markets Go ‘All-In’ On Fed Pivot: Bank of America Forecasts 152 Global Interest Rate Cuts For 2024
Bank of America strategist predicts 152 rate cuts in 2024, sparking a rally in risk assets. Markets are expecting a 4.6% rate in 2024.
Will Unemployment Spike In 2024? History Of Fed Rate Cuts Would Suggest So
Historical data suggests around 7.5% of Americans could be without work within the next couple of years
UAW’s Return To Work Pushes US Jobs Growth Higher, But Dark Clouds Hover Over Retail Sector
Nearly a quarter of the 199,000 jobs added in November were due to returning UAW strikers. Here's a deeper dive into the numbers.
Stocks Stall While Gold, Treasuries Rise; Oil Puts Pressure On Energy Stocks: What’s Driving Markets Wednesday?
Major large-cap stock indices hovered around parity during early afternoon trading in New York, in a rather subdued trading session on Wall Street.
US Stocks Falter, Bonds, Dollar Gain, While Bitcoin Soars Past $43,000 On Rising Institutional Interest: What’s Driving Markets Tuesday?
The momentum on Wall Street during Tuesday’s session continues to lack strength as investors carefully scrutinize the most recent economic data.
Stock Market Bulls Excited But Not Asking The All Important ‘Pay Later’ Question
To gain an edge, this is what you need to know today.
Black Friday Sales Surge, Despite Economic Uncertainties — Here Are The Stocks That Stand To Benefit The Most
Despite the economic uncertainties, consumers splurged on online purchases this Black Friday, underlining their resiliency.
Black Friday Bargain Bonanza For Shoppers, But Retailers Face Consumer Slowdown
Retail sales fell in October while Lowe's and Best Buy were cautious in their outlooks. Can Black Friday help?
Stocks Grind Higher, Oil Rallies, Dollar Falls: What’s Driving Markets Monday?
U.S. stocks are kicking off the Thanksgiving holiday week on a positive note, with all major Wall Street indices trading in the green as of midday in New York.
Large-Cap Stocks Pause, Small Caps Shine, Oil Makes Comeback: What’s Driving Markets Friday?
Wall Street experienced a relatively quiet session as the week came to a close, with the three major averages hovering around parity in midday trading in New York, yet still on course for their third successive week of gains.