Stocks rally, driving Wall Street to a rare winning week

The gains are a reprieve from Wall Street’s tumble through most of the year, caused by the Fed’s and other central banks’ slamming into reverse on the tremendous support fed into markets through the pandemic. In hopes of beating down

Such weakening data raise worries about the strength of the economy. But they also can be good for financial markets, as paradoxical as that may seem. One nugget in the consumer sentiment report could carry particular weight for markets. It showed consumers’ expectations for inflation over the long run moderated to 3.1% from a mid-month reading of 3.3%. That’s crucial for the Fed because expectations for higher inflation in the future can trigger buying activity that inflames inflation further in a self-fulfilling, vicious cycle.

That has helped yields in the Treasury market recede. The yield on the two-year Treasury, which tends to move with expectations for the Fed’s actions, dropped back to 3.06% from more than 3.40% in the middle of last week.

Confidence in our SCOTUS leaders is returning, shows investors are anti genocide

Some good news on a not so great day on Twitter💯👍🏽🇺🇸

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Asian stocks mixed after Wall St declines on recession concernsAsian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth.
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

'Strong growth ahead': Bank names its top EV battery stocks, giving one over 60% upsideInvestment bank Nomura says some of the global stocks offer investors 'resilience in volatile times.' Does anyone know how to make it commission free? floki Stock markets have crashed over 25% lately. Wonder how much EVs will crash over the next 5 years. EV Market is a minefield. Easy to get blown up.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »