Programming note: Money Stuff will be off tomorrow, back on Monday. One thing that JPMorgan Chase & Co., one of the world’s biggest banks, wants to do is lend money to big corporate and private equity clients. In many ways, JPMorgan seems well suited to doing this: As a giant bank with more than $3 … Read more
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. I’m sure that when you get this newsletter, you think, Lemme guess. Another screed … Read more
A renewed bout of volatility in the bond market impacted stock trading, with investors also awaiting earnings from a handful of big techs. Oil sank as Israel appeared to hold off on a broader ground invasion of Gaza. After several twists and turns, the S&P 500 closed at its lowest since May. The gauge fell … Read more
To get John Authers’ newsletter delivered directly to your inbox, sign up here. “There is no alternative” — or TINA — has been the battle cry of investment analysts and advisers for the best part of a decade. As interest rates stayed close to zero, money managers typically saw stocks as the only viable investment … Read more
Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just yet. Next week will help determine if they’re right. The monthly consumer-price index report on Wednesday will provide the latest insight into how much further the central bank may need to go to pull inflation back toward … Read more
How To Stop Fighting About Money: Millennial, Gen Z Couples Split … Bloomberg Source link
China is escalating its defense of the yuan, pushing up funding costs in the offshore market to squeeze short positions and setting a new record with its stronger-than-expected reference rate for the currency. Analysts say the steps are designed to slow the pace of yuan depreciation rather than engineer a sustained rally. Forecasters at JPMorgan … Read more
Wall Street shook off worries over the Bank of Japan policy tweak as another round of US data bolstered bets on the so-called Goldilocks scenario of an economy that’s neither running too hot nor too cold. The stock market powered ahead as key gauges of inflation showed further easing while Americans grew more optimistic about … Read more