This week in the U.S. stock market, the S&P 500 saw its recent six-week streak of gains come to an end, pressured by rising U.S. Treasury yields. As Treasury market futures indicate a potential flattening of the Federal Reserve's rate-cutting trajectory, equities appeared to respond accordingly. Large-cap stocks showed more resilience compared ...

Global Markets Surge as Fed Cuts Rates for First Time in Four Years  The Federal Reserve recently made a significant decision to lower interest rates by 50 basis points, despite Chairman Powell's assertion that the U.S. economy is "solid," with a strong labor market and "no risk of a recession." This move comes after years of the Fed largely d...

US PMIs Surpass Expectations, Contrast Sharp Declines in Europe  Following this morning's disappointing European PMI data, the preliminary June US PMI figures were anticipated to see a slight decline but still remain in expansion territory (above 50) for both manufacturing and services Contrary to expectations given the poor US macroeconomic d...

Rising Stock Market Optimism Amid Economic Uncertainty  The latest consumer survey data from the New York Federal Reserve provided intriguing insights. According to the New York Fed, expectations that stock prices will rise in the next 12 months increased from 39% to 41% compared to the previous month. Meanwhile, inflation expectations slightl...

Debate Rages on Wall Street: Are Interest Rate Hikes Fueling US Economic Growth?  As the US economy continues to perform strongly month after month, creating hundreds of thousands of new jobs and surprising experts who had predicted a looming downturn, some on Wall Street are beginning to consider a fringe economic theory. They're questioning ...

Shift in Treasury Bond Positioning Reflects Growing Confidence in Economic Growth  Positioning in US Treasury bonds is shifting towards shorter positions due to the increasing possibility of higher yields persisting, driven by a robust US and global economy. Recent data validate earlier forecasts of an upturn in the US and global economic cycl...