Futures Slump, Erasing Most Post-Fed Gains
Futures Slump, Erasing Most Post-Fed Gains US equity futures swooned shortly after 5am ET, erasing all post-FOMC gains, as doubts grew that…
Prospective home buyers are hoping for a recession to bring down housing prices. Does that make sense?
More than a third of Americans said they want the housing market to crash because they think it would lower home prices and property taxes.
Tesla has a big Elon Musk problem, and Wall Street’s biggest bull is not happy
Wedbush’s Dan Ives says CEO Elon Musk faces a “moment of truth,” and there two major things he has to do to fix the “crisis’ at the EV giant.
BOE Keeps Rate On Hold In 8-1 Vote
BOE Keeps Rate On Hold In 8-1 Vote The Bank of England held interest rates at 4.5% as expected, and says it will stick to a “gradual and…
Here’s the real reason stocks rose after a do-nothing meeting, says this ex-New York Fed trader
There was some debate after the Federal Reserve’s press conference was over whether Chair Jerome Powell was trying to convey a hawkish message…
What Recession? Initial Jobless Claims Hover Near Multi-Decade Lows
What Recession? Initial Jobless Claims Hover Near Multi-Decade Lows The number of Americans filing for jobless benefits for the first time…
Remember when the nickel market went haywire? The LME was just fined, 3 years later
The U.K’s financial regulator says the LME’s systems and controls were inadequate.
U.S. jobless claims still show few private-sector layoffs, but more ex-federal workers get benefits
The private sector is still culling very few jobs, the latest report on jobless claims shows, but more federal workers fired by the Trump…
Futures Fall, Euro Rises Ahead Of Key Trump-Putin Call, German Vote
Futures Fall, Euro Rises Ahead Of Key Trump-Putin Call, German Vote US equity futures are lower following yesterday’s rally, while…
Putin Demands Halt To All Western Arms For Ukraine Ahead Of Trump Call
Putin Demands Halt To All Western Arms For Ukraine Ahead Of Trump Call Just ahead of the high-stakes phone call between Donald Trump and…