The major U.S. equity averages finished the last session of Q3 with another day of losses on Friday, adding to recent weakness. With investors still concerned about aggressive Federal Reserve policy, the Dow and S&P 500 touched new lows for 2022. Trading took place amid PCE ... Read More
01
Oct2022
27
Sep2022
sankai The British pound UK gilts – the equivalent of U.S. Treasuries – had outsized moves on Friday with 10-year gilts surging as much as 50 basis points in a single day, while the pound cratered. This is a good example of how too ... Read More
17
Sep2022
The S&P 500 (SP500) posted its worst weekly performance since mid-June, slumping 4.78% for the five-day session. The losses came on the back of a solid 3.65% gain last week. The selling pressure started on Tuesday after a hotter-than-anticipated consumer price inflation ... Read More
17
Sep2022
DINphotogallery By Bob Iaccino The term "historic" is often thrown around casually in the financial markets, whether referring to historic rate hikes, historic inflation or historic yield curve moves. Sometimes, however, things happen that are actually deserving of being called "historic." In November 2021, ... Read More
10
Sep2022
U.S. stocks rallied on Friday and major indexes snapped a three-week losing streak as investors continue to factor in the expectation for higher interest rates just around the corner. The benchmark index rose in three of the four sessions this week as investors appeared to be ... Read More
