Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s next steps.
Traders Have S&P 500 Comebacks Fading at Historic Pace
Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after the next opening bell.
Zillow is a Full-Blown Housing Market Bull
Zillow is a full-blown housing market bull—predicting that U.S. home prices will jump 6.5% by July 2024.
David Solomon is Not the First to Face a Leadership Crisis at Goldman Sachs
Interest rates soar above 5%, pressuring profits. Partners head for the exits. A leader faces scrutiny.
China Stimulus Rally Lasts Just 10 Minutes, Showing Trader Gloom
A short-lived rally in Chinese stocks after Beijing’s latest attempt to shore up growth is underscoring the depth of investor pessimism.