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Japan +0.71%. China +1.05%. China Caixin / Markit Services PMI (May) 41.4 (expected 47.3).Hong Kong +1.09% Hong Kong's PMI for May is 54.9 hits its highest since...
Among our moves this week, we exited Union Pacific and Marvell Technology and added to McCormick & Co., the First Trust Nasdaq Cybersecurity ETF, and Nucor....ABNB
These markets expect the Fed to take the FFR up 225 basis points by September and another 50 bps to make 275 in total by year's end....XLE
Stocks struggled mightily in April, with the “sell in the May and go away” period on deck.
Stephen Guilfoyle in his Market Recon column highlights Hurricane Jerome hitting the markets on Thursday, reviews how the markets are handicapping coming Fed rate hikes, pleads for the Fed to reduce the slosh through quantitative tightening and expresses concern about the size and pace of rate hikes...AXP