by Bloomberg.com | Dec 4, 2023 | alerts, Markets/Economy
Firms with recent listings seeing smaller gains than peers ‘Everything rally’ propels S&P 500 to jump 11% as VIX sinks A rally across equity markets lifted Birkenstock Holding Plc and other newly public firms, but Wall Street still isn’t welcoming initial public...
by Bloomberg.com | Nov 30, 2023 | alerts, Markets/Economy
New York Fed chief says policy ‘most restrictive in 25 years’ Inflation, spending data show economy shifting into lower gear Federal Reserve Bank of New York President John Williams reiterated the Fed’s benchmark lending rate is at or near its peak level and said...
by Bloomberg.com | Nov 24, 2023 | alerts, Markets/Economy
Point72 revised up fourth-quarter growth forecast to 1.5% Drossos says things could get worse if jobs, spending falter Investors should brace for turbulence as the US economy slows this year, according to Point72 Asset Management’s Sophia Drossos. “We could be in for...
by Bloomberg.com | Nov 21, 2023 | alerts, Markets/Economy
The end of the property boom is diminishing homeownership as a path to wealth and deepening economic divides. The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real...
by Bloomberg.com | Nov 17, 2023 | alerts, Markets/Economy
Traders are betting Big Tech stocks will keep pushing higher Focus turns to Nvidia earnings as Nasdaq flashes warning Investors were given plenty of opportunities to fret about the outlook for technology giants this earnings season. Instead, they doubled down on a...
