A very bad month for US equities closed on a decidedly dour note Friday, when stocks careened nearly 4% lower in one of the most
Day: April 29, 2022
Nabiullina Spurns Kremlin, Rules Out Ruble-Gold Peg
On Friday, Elvira Nabiullina cut Russia’s key rate for the second time since an emergency hike aimed at forestalling bank runs following Vladimir Putin’s decision
BofA’s Hartnett Talks ‘Pain, Exit’ Level After ‘Just Awful’ Month
Stocks may be the best inflation hedge on the board, but measured in real terms, US equities are on track for their worst annual performance
Scorching Wages Hide Record Drop In Inflation-Adjusted Pay
Headed into the weekend, top-tier US data provided some incremental evidence to support the contention that Q1 marked the peak in core inflation. However, a
Key US Spending, Inflation Data Offers Glimmer Of Hope
Friday’s key US spending and income data beat across the board, and suggested prices accelerated less than expected in March on an annual basis. Although
Politburo Promises Trigger Another Raucous China Rally
For the second time in six weeks, officials in Beijing managed to engineer a rally in both Mainland and Hong Kong shares with promises to
