Russia saw its oil revenue double in April despite Western sanctions
None Russia's oil revenue soared by 90% in April compared to the previous year, Bloomberg reported. • None The rise comes as sanctions have struggled to curb…
Source: biztoc.com
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Top News In None Strong Today - Breaking & Trending Today
The odds of a US recession in the near year have dropped to a 2-year low
None Strong economic data has cut the chance of an economic downturn in the next year to 33%, according to Bankrate. • None Economists credit robust consumer…
Source: biztoc.com
US stocks drop as bond yields jump after Fed official sees slower pace of rate cuts
None Stocks fell and bond yields jumped after the Fed's Christopher Waller cited a slow Fed pivot. • None "I believe it can and should be lowered methodically…
Source: biztoc.com
A 'reverse Goldilocks' scenario could hit asset prices amid a growing disconnect between markets and the Fed on rate cuts, strategist says
None Mismatched rate-cut expectations could lead to a "reverse Goldilocks" scenario, an HSBC strategist said. • None Strong economic fundamentals can't…
Source: biztoc.com
The S&P 500 will jump to a new record high of 5,000 next year, RBC says, joining bullish outlooks on 2024
None S&P 500 will end next year at 5,000, RBC Capital Markets said, joining bullish 2024 views. • None Strong investor sentiment and buoyant equity valuations…
Source: biztoc.com