Page 7 - Michael Gapen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Decline in the dow and other major averages at this thing coming a head. When they stormed the store and the Printing Press area there. The dow did fall to that low of the day of about 229point decline and come back right now. Back 143. Take a quick look at the 10year, as well. This has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. Below 2 again. That u. S. 10year. Watching it for everything from the influence on the Mortgage Market to what it does ultimately send in terms of signals for the Federal Reserve her...

Yardeni already sees a 20% chance of a “melt-up” for the stock market, but if Powell “sings a dovish tune," he promised to raise those odds.

The problem is especially affecting the young.

Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.

While Wall Street has finally come around to the view that interest rates are likely to stay higher for longer, it may still be underestimating just how high and how long.