Stocks News
- James Hyerczyk
Despite a 7-point fall in NY’s business conditions to -4.6, the labor market slightly improved and firms maintained a 6-month optimistic outlook.
- Bob Mason
The broader crypto market is under water this week. Beyond the headlines, Binance faced scrutiny from UK regulators.
- James Hyerczyk
Consumer sentiment fell 7% in October and year-ahead business outlook dipped 19%, suggesting more short-term declines despite long-term stability.
- James Hyerczyk
September’s 0.4% consumer price surge sparks inflation concerns, contrasting with stable core CPI, potentially leading to more Fed policy talks.
- James Hyerczyk
Fed’s rate hike dilemma intensifies as policymakers are sharply divided on future increases, complicating inflation tightrope walk.
- James Hyerczyk
U.S. producer prices rose 0.5% in September, beating forecasts on energy costs, while core PPI gained 0.2%, easing inflation concerns.
- James Hyerczyk
As tensions between Israel and Hamas escalate, markets become predictably unpredictable, fueling volatility across various asset classes.
- James Hyerczyk
Latest Sentix Index shows deep recessionary trends in Eurozone and Germany; minor uptick in investor expectations signals no quick recovery.
- James Hyerczyk
September’s U.S. job surge of 336,000 defies estimates, showcasing labor market resilience amid rising rates but signaling investor caution in stocks.
- James Hyerczyk
Despite a 37% dip in September job cuts, a 58% year-over-year increase signals underlying labor market issues.
- James Hyerczyk
ADP’s report shows just 89,000 new private-sector jobs, far below the expected 160,000, signaling the Fed may reconsider its monetary policy.
- James Hyerczyk
Rising Treasury yields hit Nasdaq-100, signaling a bearish October; megacap tech stocks are especially vulnerable, impacting the broader market.
- Bob Mason
In a high-tension week, SEC Chair Gary Gensler faced harsh questioning on Capitol Hill while Coinbase CEO Brian Armstrong rallied for crypto-friendly legislation amidst ongoing legal battles.
- James Hyerczyk
In September, Eurozone’s inflation dipped to 4.3% from 5.2%, with Eurostat data highlighting eased pressures and major sectors marking the decline.
- James Hyerczyk
Spain’s NSI report aligns with the 3.5% CPI projection, driven by soaring electricity costs, while underlying inflation contracts to 5.8%.
- James Hyerczyk
U.S. housing prices rose 0.8% in July, with a 4.6% yearly surge; all nine census divisions saw growth, notably 1.4% in Middle and South Atlantic.
- James Hyerczyk
Federal Reserve Chairman Jerome Powell said the interest rate outlook isn’t set; experts diverged on interpreting Fed’s cautious future stance.
- James Hyerczyk
The Federal Reserve’s insights on economic trends and Powell’s comments post-meeting could significantly sway gold prices and diverse stock sectors.
- Bob Mason
As BTC mining hits the 50% clean energy mark, the crypto world watches for Elon Musk and Tesla’s next move.
- James Hyerczyk
The core CPI data revealed a rise of 0.3% for the month, higher than the 0.2% forecast.