adminUS Stock Futures Fluctuate Before Fed Speakers: Markets Wrap
(Bloomberg) — US equity futures pointed to small gains at the Wall Street open as traders await fresh signs on the scope for further easing after last week’s jumbo interest-rate…
Gold Steady Near Record High Before Data That May Give Fed Clues
(Bloomberg) — Gold steadied near a record, with upcoming US data expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in…
Oil edges up following US rate cut move, geopolitical concerns
SINGAPORE (Reuters) – Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations…
Why Wall Street is on board with bigger rate cuts in Q4
The bulls are back and investors are chasing the market higher. Last week I wrote about why a 50 basis point interest rate cut could be a mistake, as experts…
Salesforce CEO Marc Benioff offers up this reminder to investors before his big birthday
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…
For home shoppers, the Fed’s big cut is likely just a small step towards affording a home
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners…
Australian Treasurer Expects to See Progress in Inflation Fight
(Bloomberg) — Australian Treasurer Jim Chalmers said he expects upcoming data to show encouraging progress in combating inflation but acknowledged the central bank may not be ready to cut interest…
Fed Is About to Get Validation for Its Jumbo Rate Cut
(Bloomberg) — The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that…
The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
Michael Feroli, JPMorgan's chief U.S. economist, was one of the only forecasters on Wall Street who accurately predicted the Federal Reserve's half-point rate cut on Wednesday, and he sees the…
Why I’m not doing anything to cope with lower interest rates
How should a retail investor deal with Wednesday’s interest rate cut by the Federal Reserve and with the future rate cuts that seem to be on the horizon? What I…
