The relatively resilient growth in the rest of the world versus the U.S. and the Fed easing could make for an “active risk-on” environment, fueling gains in both risk and rate-sensitive currencies, which are cheap, a strategist said.
FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks.
This is the side of rate cuts that nobody is talking about. There will be a likely rotation after one big blow off top, but not where you think it will.
The U.S. economy finds itself at a critical juncture, characterized by a discernible weakening in the labor market that is now serving as a powerful catalyst for a highly anticipated shift in Federal Reserve monetary policy. Recent data paints a picture of decelerating job growth, a rising unemployment rate,
According to a Bloomberg report citing Bessent’s mortgage applications with Bank of America, the Treasury Secretary agreed to occupy two different homes as his “primary residence” simultaneously, a pledge similar to one made by Cook.
