What Could Happen If The 10-Year Note Goes To 4%?
Video by Steve Sosnick Some people, such as Jamie Dimon, have said the yield on the 10-year US Treasury note may go to 4%. What would happen if this comes to fruition? Video Length: 00:05:15
Finance
USD/JPY: Double-Top Failure Is Probably Telling
The USD/JPY made another attempt to tackle ¥110.00 but had no luck. The resilience of the US consumer will be tested in the upcoming week. The technical picture is slightly bullish, but the pair may be looking for a new direction. Weak US inflation triggers new thinking The US Dollar kicked off the week where…
Inflation: Mission Accomplished
It was a busy week for the Treasury bond market: A Federal Open Market Committee (FOMC) meeting, a manufacturing outlook, inflation, wage and spending updates, and, to top it off, the monthly jobs report released Friday morning! Last Monday’s March Personal Income and Outlays report didn’t include a lot of surprises. Monthly personal income was…
E
Looking at Canadian employment numbers for April, one comes away with a rather unsatisfactory feeling about the quality of economic growth. April witnessed no net job growth, no change in the unemployment rate of 5.8 per cent and no sense that the various components of the labor market have improved at all since the end…
Japan’s Domestic Political Turmoil Versus Stocks
So far this year, the US equity market has not been affected significantly by the high level of domestic political discord. The volatility we have seen in US equities appears to have been driven largely by concerns about rising interest rates and external factors such as trade war fears. US stocks now are about where…
Most Active Equity Options And Strikes For Midday – Friday,
Top tickers for midday: HMNY, AAPL, BAC, NVDA, FB, MGM, EVHC.
GameStop Slips After CEO Resigns Only Months After Taking Top Pos
Shares of GameStop (GME) were trading lower after its chief executive officer resigned from the position for personal reasons, effective immediately. WHAT’S NEW: Before the market open, GameStop announced the resignation of CEO Michael Mauler for personal reasons and said that the board had appointed Daniel DeMatteo as interim CEO. DeMatteo, one of the game…
Bank Reserves Appendix; One Additional Case Study
Early last month, Deutsche Bank replaced one CEO pledged with paring back the bank’s ailing franchise with another committed to doing the same thing only more quickly. As I wrote at the time, “Cryan isn’t being ousted because he was wrong, but because he was right.” In comes Christian Sewing whose plans are starting to come…
ECRI Weekly Leading Index Update – Friday, May 11
This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 149.3, down 0.6 from the previous week. Year-over-year the four-week moving average of the indicator is now at 3.87%, up from 3.55% last week. The WLI Growth indicator is now at 4.5, up from the previous week. The…
AUD/USD Showing Signs Of A Bottom?
After shedding nearly 400 pips over the last month, there are tentative signs that AUD/USD may be forming a bottom. Video Length: 04:32