Futures Rise, Bitcoin Erupts Ahead Of Mega-Tech Earnings
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Stay updated with breaking news from Both Treasuries. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The Standard & Poor's (S&P) 500 equity index closed down 1.37% for Tuesday, dipping below $4,230.00 and extending recent losses as investors continue
PCE inflation data painted a cooler picture than the most recent CPI report (the one that sent rates surging higher into mid-June).  So far this morning, it has helped lock in a relatively strong move in the European session overnight.  At the very least, if bonds end up losing ground today, it won't be due to an inflation surprise.  Both Treasuries and MBS are starting out at their best levels in more than 3 weeks.  Stocks have been able to bounce back from overnight weakness as tamer inflation means a less restrictive Fed, all other...