Japan, China Cut Holdings of U.S. Treasuries to Multi-Year Lows -Data
Although China and Japan sold Treasuries in May, U.S. Treasury yields slid. Benchmark 10yr Treasury yield started May at 2.996%, down 15 basis points.
Recent
‘Don’t Fight It’: Hedge Funds, Wall Street Double Down on Dollar
The dollar rally has room to run and those who stand in its way risk getting bowled over by its unstoppable strength.
Burned Twitter Deal Bankers See Silver Lining in Musk's Startups
Wall Street's top investment banks that stand to lose lucrative fees from Elon Musk abandoning his $44 billion acquisition of Twitter Inc.
Nail-Biting Tech Earnings Season Ahead After Nasdaq Rout
With technology stocks on track for their biggest annual decline on record, the earnings season has a lot riding on it.
After the Biden and Bezos War of Words, Gas Prices Really are Coming Back Down to Earth
After hovering near the $5 mark for a while, the average price of gas could fall to $4 per gallon by mid-August.
BofA Says Brace for Recession Shock After Worst Rout in 52 Years
A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years.
Technology Stocks Head for Historic Wipeout as US Economy Cools
At halfway point of 2022, it seems like this is the year when skeptics predicting decade long rally in tech reversal will be proven right.
