Bitcoin & Bullion Bid As Hawkish FedSpeak Hammers Stocks & Bonds Stocks had limped higher all night after four straight days lower but into the cash open, Fed's Williams ruined the party by admitting that while rate-hikes are not 'his baseline' they are possible if the data warrants. But that dip was bought aggressively after the open. Stocks were spooked a little by the 'no landing' narrative screaming from Philly Fed's data (showing HL improvement but soaring prices-paid, and...
Crude-Crash Saves Stocks From CTA-Slaughter; Bonds Bid But Bitcoin Battered A volatile day for markets (relatively speaking) with crude and crypto the high- low-lights. Goldman's trading desk (Lee Coppersmith) noted that for the first time all year, it feels like the market is starting to question the strong growth narrative on the back of weaker earnings this AM: ASML -8% spilling into all Semis; JBHT a bellwether transport -7.5% and KNX -3.5% cut their forecast; Industrial REITs...
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
US stocks searched for direction on Tuesday as the Dow looked to snap a
The Fallout show is officially canon and Todd Howard and Jonathan Nolan explain how the show fits into the greater timeline set down by the games.
Globe Life (GL) stock is falling alongside a short report. Fuzzy Panda is behind this report and claims that there's widespread insurance fraud at the company. It also highlights sexual assault cases against employees and other problems with GL stock. Globe Life (NYSE:GL) stock is taking a beating on Thursday after the company was targeted by Fuzzy Panda in a new short report. The major crux of this short report is allegations of the company partaking in insurance fraud. Fuzzy Panda notes that...
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes the bank should add bitcoin to its reserves. A Reform […]
Sunderland may not be competing at the top or the bottom of the Championship table, but they'll still be keen to end the season on a high. A top half finish is up for grabs and should they beat Millwall on Saturday afternoon, Mike Dodds' side could well move up to 11th in the table with just two more games to play. Ahead of that contest, the Sunderland Echo has rounded up some of the latest stories. Former Sunderland boss Simon Grayson believes the Black Cats' decision to part ways with Tony...
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.
Dollar, Oil, & Gold Jump; Stocks & Bonds Dump As 'WW3-On'-Risk Reignites It was all looking so shiny and BTFD-y - Iran had sent some missiles towards Israeli folks; 'allies' blocked 99% of them; and Israel appeared unlikely top respond 'imminently'. Stocks were up, crypto was up, oil was down as 'WW3-off' meant risk-on. But, then the headlines just kept coming from the MidEast, reigniting fears that things were about to escalate quickly once again, sending oil, gold, and the dollar...
Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation
U.S. stocks ended mixed on Tuesday after a volatile session fueled by rising bond yields and fears that the Federal Reserve may need more time before it can pivot to rate cuts. The Dow Jones Industrial Average rose about 63 points, or 0.2%, closing near 37,798, well off the session's high. The