Traders work on the floor of the New York Stock Exchange (NYSE) on November 2, 2023 in New York. Spencer Platt | Getty Images Friday’s market reaction to the jobs report comes down to a simple premise: Bad news is good news, as long as it’s not that bad. Stocks rose sharply after the Labor …
According to Capital Economics, an increase in bond yields may cause a collapse in prices in the office sector. This is because rising Treasury bond yields may impact office building capitalization rates, driving down prices. The company forecasts that office prices could fall 40% from peak to trough by the end of next year. Landing …
Crude oil, WTI, Brent, US dollar, gold, FOMC – discussion points Petroleum as the conflict in the Middle East develops, there may be sideways price action Haven assets remain desirable amid noise and volatility, such as: gold increases Markets appear to be ready for range trading in many markets Recommended by Daniel McCarthy Get a …
An hour ago CNBC Pro: Artificial intelligence is ‘Game of Thrones,’ but these Chinese tech giants offer ‘great value,’ says tech veteran According to veteran analyst Dan Ives, China’s tech giants may be struggling with regulatory restrictions, but they still have “great value.” The managing director and senior equity research analyst at Wedbush Securities has …
For full access to real-time updates, breaking news, analysis, pricing and data visualizations, subscribe today. Sign up now Contains Greg Holt Commodity Natural gas, Oil, Metals Length 01:27 …
Harley Bassman says the U.S. economy will fall into recession next year, which will hit stock and home prices. Scott Olson/Getty Images Harley Bassman claims that the American economy will capitulate and enter a recession next year. The Wall Street veteran expects stock and home prices to fall as unemployment and mortgage defaults rise. Bassman …
Traders work on the floor of the New York Stock Exchange (NYSE) on August 26, 2022 in New York. Spencer Platt | Getty Images Stocks fell on Friday as a rise in 10-year Treasury yields sparked broader concerns about the state of the economy. The S&P 500 lost 0.6% and kept pace with its first …