Morgan Stanley Calls Recent Long-Bond Woes a 'Headscratcher' – Bloomberg
Morgan Stanley Calls Recent Long-Bond Woes a ‘Headscratcher’ Bloomberg Source link
Labor
Stock Markets Today: US inflation, Oil prices, US-China, Treasury … – Bloomberg
Stock Markets Today: US inflation, Oil prices, US-China, Treasury … Bloomberg Source link
World Economy Latest: US Inflation May Reassure Fed
A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained. The consumer price index is projected to rise 0.2% in July for a second month after excluding food and energy costs, marking the smallest back-to-back gains in 2 1/2 years. Economists … Read more
World Economy Latest: US Jobs Report Shows Solid Employment, Wage Growth
US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope to avoid a recession despite higher interest rates. The economy in the euro area eked out modest growth in the second quarter, while the Bank of England raised rates and indicated borrowing conditions may remain tight for … Read more
JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism – Bloomberg
JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism Bloomberg Source link
The Jobs Market Is Keeping the US Economy Churning
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economy reporter Reade Pickert previews the jobs number coming out tomorrow and its implications. Sign up here and follow us at @bpolitics. Email our editors here. It’s that time again. The monthly jobs report, set for release at 8:30 … Read more
A Soft Landing in 2023 Doesn’t Imply the Eventual Landing Will Be Soft
All the chatter of late is about the US avoiding a recession altogether. On the surface that seems like a positive outcome. But when you consider the implications of a ‘no landing’ scenario, it becomes less appealing because of the risk that a decent recovery turns into an overheated economy and market. It’s a recipe … Read more
World Economy Latest: US Jobs to Support Soft-Landing Narrative
Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year. The closely watched jobs report on Friday is projected to show employers boosted payrolls by 200,000 in July, while unemployment held at a … Read more
Stock market today: Wall Street’s rally runs out of gas as bond yields jump | Associated Press
NEW YORK (AP) — Stocks fell Thursday, taking some air out of Wall Street’s big recent rally, despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy. The S&P 500 sank 29.34, or 0.6%, to 4,537.41 after touching its highest level in nearly 16 months during the morning. The Dow … Read more
Stock Market Today: Dow, S&P Live Updates for July 17, 2023 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for July 17, 2023 Bloomberg Source link