“US stocks rise after GDP reinforces Powell’s dovish stance,” one headline read, on Thursday afternoon.
Day: July 29, 2021
McElligott On The Fed, Bonds And Fall ‘Timing Turn’
Market participants may soon brave another “bearish shot” at bonds, which could translate to rekindled
‘Hot’ US Economy Underwhelms Despite Spending Spree
The US economy expanded at a 6.5% annual clip in the second quarter, the government
Choose Your Own Narrative, Jobless Claims Edition
400,000 Americans filed for unemployment benefits last week, more than expected. It was the second
V-Bottom Mania
As it turned out, Chinese state media were correct to predict equities would rebound “quickly”
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