U.S. stocks, which rose in November, will become more volatile in December as U.S. bond yields rise and fall. This was predicted by Morgan Stanley strategist Michael Wilson. He remains bearish on the S&P 500 after it rose nearly 20% this year, but expects more constructive seasonal trends and the so-called “January effect” to support … Read more
The US economy has finally begun to slow down. Recent economic indicators, warnings issued by major retailers such as Walmart, US Regional Federal Reserve Economic Report (Signs of this are increasing, such as comments on the economic situation in the Beige Book. U.S. household budgets showed unexpected strength through much of 2023, with spending increasing … Read more
My husband is 68 years old and I am 74 years old. He earns $250,000 a year. We rent a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month! My husband wants to find a house for no more than $300,000 because he doesn’t want … Read more
U.S. financial officials’ statements showed a change in tone this week. It’s a step closer to a conversation that has been going on in the market for some time about when the authorities will start cutting interest rates. Several Federal Reserve Board members and regional Fed presidents have spoken so far this week, and the … Read more
Growth in U.S. personal consumption expenditures (PCE) in October slowed from the previous month as inflation continued to slow. This suggests that the economy is shifting to a lower gear. Key Point PCE core price index rose 0.2% month on month Market expectations also rose by 0.2% Increased by 0.3% in the previous month 3.5% … Read more
The U.S. bond market has had little to no success this year, but November has taken a turn for the record. U.S. debt returns this month were the highest since the 1980s, as investors bid up prices for U.S. Treasuries, agency bonds and mortgage-backed securities (MBS). It ignited strong market gains in everything from stocks … Read more
The summer consumption boom came to a halt in October, and inflationary pressures eased. This suggests that the economy may gradually stabilize as expected by the US financial authorities. US retail sales in October decreased by 0.1% from the previous month. Figures for August and September have been revised upward. The US Producer Price Index … Read more
The U.S. consumer price index (CPI) generally slowed in October, a positive sign for the U.S. Federal Reserve as it seeks to rein in inflationary pressures. Market participants’ views on the October US CPI are as follows. ◎Bryce Doty, Senior Portfolio Manager at Sitt Investment Associates: The reason why U.S. bond yields have fallen significantly … Read more
By Le Figaro with AFP Published 1 hour ago, Updated 30 minutes ago Benoît Saint-Denis continues his meteoric progress in combat sports. SARAH STIER / AFP VIDEO – The French fighter, 27 years old and former special forces soldier, knocked out his opponent in the first round on Saturday at Madison Square Garden for his … Read more
US health authorities have approved the world’s first vaccine against chikungunya, a virus spread by infected mosquitoes that the Food and Drug Administration (FDA) has called “an emerging threat to global health”. The vaccine, developed by Europe’s Valneva and which will be marketed under the name Ixchiq, has been approved for people aged 18 and … Read more