The US economy is showing “remarkable strength” compared with Europe, where countries are struggling more with tighter monetary policy and the shocks of the energy price surge in recent years, OECD Chief Economist Clare Lombardelli said. The Paris-based organization revised up its forecasts for US growth next year while it cut expectations for most of … Read more
Stock Market Today: Dow, S&P Live Updates for January 31 Bloomberg Source link
Welcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber. It’s getting harder to find bond bulls these days. Source link
Sunak Hints at UK Benefits Cut After ‘Huge’ Rise in Payments Bloomberg Source link
Once again during the hoped-for year of the bond, investors in Treasury debt are looking at losses. The year-to-date return from US government notes and bonds as measured by the Bloomberg Treasury index was -0.13% through Tuesday. The negative return, though not the first this year, signifies that the interest income the assets throw off … Read more
Is it possible for economic news to be a little too good? If many economic worries seem to be dwindling, is that reason to be scared? After periods of success, are economies due for a comeuppance — perhaps even for reasons stemming from their earlier achievements? What prompts these questions is the current US economy. … Read more
All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right. It is now being overrun, though, by an avalanche of demand for equities that has … Read more