Stocks soared after April's jobs data was not as strong as expected. Apple rocketed after big buyback plans while Warren Buffett's Berkshire Hathaway heads into earnings.
Jobs gains are still solid, but the pace is slowing markedly from the first-quarter levels.
--Consumer price index inflation in Japan’s capital rebounded from 22-month lows in February, increasing the prospect of sticky inflation in the country and putting...
The equity risk premium for stocks is incredibly low … what the S&P’s CAPE level suggests for 10-year returns going forward … trouble in the yield curve … is trading the best way to handle all this? Check out the chart below. Pretty good, right? Source: StockCharts.comWell, see what you think when we pull back.Below is the same stock chart but over a wider timeframe. I’ve circled the uptrend from above. Source: StockCharts.comPerspective matters.Today, there are all sorts of market-related mini-
-- Chinese service sector activity grew less than expected in January, a private survey showed on Monday, with the pace of growth slowing slightly from December amid...
-- Australia clocked a bigger-than-expected trade surplus in December as improved offshore demand for fuels and metals helped push up exports, while increased consumer...
Dow Jones faltered in early trades ahead of the Fed meet on Wednesday. Super Micro plunged on earnings as Nvidia fell below a key level.
The U.S. economy added far more jobs than expected in December, according to a new labor market report that could impact how Federal Reserve policymakers approach...
U.S. Treasury yields dipped on Wednesday, after a report showing the labor market remained tight last month, hours before a Federal Reserve decision on whether the economy is too strong, and inflation too sticky, to pivot to an easier rate policy soon. According to the ADP Employment report, private payrolls increased by 192,000 after rising by an upwardly revised 208,000 in March. But rates were overall hardly moving, nosing off again after the U.S. Treasury Department announced a total refunding of $125 billion for the May to July quarter that would raise new cash of $17.2 billion.
-- Australian retail sales unexpectedly shrank in March as consumer spending remained under pressure from sticky inflation and high mortgage rates- a trend that is...