Quotes from the news wire:
Asia is trading higher today as risk appetite appears to be returning amidst receding volatility around bank stocks, at least for the time being ahead of Wednesday’s schedule statement from the FOMC.
Found on CNN 8 months ago
Pelosi's Taiwan visit is tainting sentiment today. And amid escalating tensions in Taiwan Strait and deepening worries about a global economic slowdown, investors are diving headlong into Stephen Innes bonds, no party wants a real war, but the risk of mishap or even aggressive war game escalation is real, which could always lead to a tactical mistake.
Found on Reuters 1 year ago
Vaccine breakthroughs make it likely that life will become more functional again at some point in 2021, resulting in higher GDP growth and more robust corporate earnings, but increasing global COVID19 infections, new variants of the virus, tightening social distancing restrictions and delays in vaccine rollouts in some places, all increase the near-term growth risks.
There's a lack of adoption on Wall Street, the big banks that most people are doing business with are reticent to get involved, which I think is telling.
Found on CNN 5 years ago
If the market continues to trade off U.S. yields and diverging economic data between the U.S. and EU, it's hard to argue against the current direction in yields or the dollar, on the U.S. economic data front, the consumer remains the economy's backbone, and if this robust trend in the retail space continues to build, factor in a bit of wage growth pressure and the U.S. dollar will continue to move higher on the back of higher yields.
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