Morgan Stanley's chief investment officer said that unless the 10-year Treasury yield continues to fall below 4.5% and there is no significant deterioration in growth, it will continue to prioritize large-cap quality stocks. Click to view...
Israeli Prime Minister Benjamin Netanyahu: Unless all our hostages are released, the gates of hell will open. All our war goals will be achieved.
Market news: TikTok said it will shut down services in the U.S. on Sunday unless the Biden administration "immediately provides a clear statement" assuring service providers that it will not enforce the law.
Mr. Waller, the Fed governor, said he favoured a December rate cut unless the data were unexpected. Policy rates are restrictive enough that even a December cut would leave plenty of room to slow the pace of rate cuts as needed. If the data showed that forecasts of slower inflation were inaccurate, he would support keeping rates on hold in December.
Institutional analysts say the Federal Reserve will continue its rate-cutting cycle by 25 basis points, barring a major surprise. What investors really want to know is: How will Trump's proposed fiscal and tariff policies affect the FOMC's rate outlook? Attendees may be grappling with that question. If the election result is less decisive, Fed Chairperson Jerome Powell may lean dovishly in his post-meeting press conference, reflecting poor October jobs data and...
RealVision analyst Jamie Coutts said in an X post that "barring a fundamental change," Bitcoin's price movement will still enter a "batshit season," also known as the Banana Zone, a term coined by RealVision founder Raoul Paul. In the accompanying chart, Coutts points out that during the first two bull cycles, Bitcoin reached their respective all-time highs within 365 days after the local dollar index peaked. He said that if Bitcoin follows the previous...