David Nicklaus: 'Magnificent 7' powered market's good year
The much-anticipated recession didn't arrive in 2023, however, and the market powered through the gloom.
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The much-anticipated recession didn't arrive in 2023, however, and the market powered through the gloom.
In a monetary policy world where doves argue for lower interest rates and hawks for higher ones, St. Louis Federal Reserve Bank Jim Bullard was difficult to categorize.
In a monetary policy world where doves argue for lower interest rates and hawks for higher ones, St. Louis Federal Reserve Bank Jim Bullard was difficult to categorize.
Triple-A yield curves were unchanged on the day and mostly have not budged but a basis point in spots since the end of November.
Municipal bond mutual fund inflows fell to $177 million while high-yield is back to outflows, both signaling selling may be moving the market toward another larger correction.