Fed Cuts, “Sell the News” Risks & Dollar Weakness
Opinion on Wall Street is almost unanimous that investors “buy the dip” in the event of any selloff ensuing over the coming weeks. I always get a bit nervous when markets become one-sided, but a lot of liquidity seems to be sidelined and ready for a correction should it emerge. JP Morgan’s trading desk said in […]
US Inflation Rises, Jobs Data Fuels Fed Rate Cut Bets
The US inflation print didn’t rock the boat on Thursday (although there are signs of tariffs filtering through several categories to consumers), and fresh signs of a cooling job market saw equities rally and bond yields fall on Thursday, as investors recalibrated the Federal Reserve’s rate cut path to be more aggressive. The headline consumer price index […]
Wall Street Rises as Trump Tariff Threats Shake Markets
Wall Street benchmarks extended higher on Tuesday led by technology, and as investors digested Trump’s latest warning on tariffs that would be levelled at not just China, but also neighbouring countries Canada and Mexico. Bonds edged higher, while the US dollar surged to the highest level since mid’23 on the view that tariffs could stoke […]
