Chicago PMI falls sharply in September to lowest level in more than two years
admin The Chicago Business Barometer, also known as the Chicago PMI, dropped sharply to 45.7 in…
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Housing still has ‘a lot of wiggle room’ in a recession, even with mortgage rates near a 20-year high, according to this investor
Mortgage rates that briefly touched a 20-year high this week aren’t likely to crash this…
Read MoreShort U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist…
Read MoreThis is the time when ‘accidents’ like Enron and Lehman have happened — this JPMorgan quant prefers bonds over stocks
The old expression is when the tide goes out, you get to see who’s swimming…
Read MoreBond yields slip ahead of PCE report, Brainard speech
Bond yields slipped Friday ahead of a key report on inflation and comments from a…
Read MorePound gets a respite, moves back toward pre-budget levels
The British pound advanced on Friday after the government agreed to met with the country’s…
Read MorePound gets a respite, moves back toward pre-budget levels
The British pound advanced on Friday after the government agreed to met with the country’s…
Read MoreGlobal bonds undergo worst selloff since the 90s: JPM
Global investment-grade bonds are suffering their worst selloff in at least three decades based on…
Read MoreFed must try to avoid a ‘harsh recession,’ Daly says
The Federal Reserve does not need to induce a deep recession in order to bring…
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Car-related stocks take it on the chin, with declines of up to 25% in one day
U.S. stocks sold off again on Thursday, with CarMax and several vehicle manufacturers and parts…
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