they misdiagnosed COVID and thought it was -- we were going into a depression. The Fed did, too. I worried about it, too, in early days. The Fed eventually pivoted, better late than never. Treasury -- Treasury is still acting like we're in a depressi...
"If you look at justMicrosoft's Azure numbers, they went from being a zero-dollar business seven quarters ago to having a $6 billion run rate today. I would challenge anyone to tell me what other business grew from zero to $6 billion in a year and a half. And that is just the ear...
Bessent, 62, confirmed as treasury secretary 68-29Crapo: "one of the easiest votes we could ever take" Schumer a no, Warren a no, Fetterman a yesInd. man pardoned in Jan. 6 case is killed in traffic stopLawyer: “I plan to find out a lot more about it"...
U.S. Treasury yields jumped even more than they had in the past week. The yield on four notes — the 3-month, 6-month, 1-year and 2-year — breached 5%. But not everyone is convinced that monetary policy will tighten faster. “I do not think the Fed goes 50 bps at any of the...
Reserve Bank of Australia to deliver a hawkish rate cut this month: Strategist Sun, Feb 9th 2025 Squawk C-Suite watch now video02:34 Cybersecurity, sustainability and AI are 'huge topics' in Asia-Pacific boardrooms, IT firm says Mon, May 20th 2024 Here's everything to expect from Wedne...
Treasury announces sale of 6-month BOT bills, with relative amounts to be auctioned on May 27. Trade ex dividend: A2A of 0.08 euro per ordinary share; Amplifon of 0.22 euro per share; Assicurazioni Generali of 1.01 euro per share as first tranche; Azimut of 1.00 euro per share; BPER Ban...
points.Nvidiadropped 1.1% after hitting a record high on Wednesday. The yield on the 10-yearTreasurywas flatahead of Friday'snonfarm payrolls reportas investors look for any signs of weakness in the labor market that could justify Fed rate cuts.U.S. oil pricesjumped2% as the European ...
The 10-year Treasury yield also fell to its lowest since mid-September, and its spread with the 3-month Treasury yield maintained wide levels. Such a yield-curve inversion is seen by many on Wall Street as a signal that a recession is near. Gold, seen by many as a safe asset, surpass...
Many are now expecting the biggest rate hike in decades. The futures market is pegging the odds of a 75 basis point increase at roughly 90% is inflation runs rampant. Right before the open investors got another dose of data. With may producer prices rising point 8% month over month ...
“Treasury will continue its enhanced bilateral engagement with China regarding exchange rate issues, given that the RMB has fallen against the dollar by eight percent over the last year in the context of an extremely large and widening bilateral trade surplus,” said Treasury Secretary Steven...