Stock Market News Today: Indexes Trade Mixed As Inflation Cools Further
PCE data showed prices slowed last month, while weekly jobless climbs climbed, boosting expectations for the Fed to pivot next year.
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PCE data showed prices slowed last month, while weekly jobless climbs climbed, boosting expectations for the Fed to pivot next year.
"Gold, silver, bitcoin really all should do well if the Fed is finished hiking rates and starting to cut."
Since the last Fed meeting, "financial conditions have eased somewhat (paradoxically increasing the chances of another rate hike)," S&P said.
Earlier this month, Goldman Sachs’ head of asset allocation research opined that bonds are becoming more attractive than cash (money market funds). In the U.S. money market funds (MMFs) pay around 5.4%. This rate is sustainable until at least ...
A soft landing is poised to power stocks to all-time highs next year, according to a JPMorgan strategist, implying an increase of at least 12%.