This ‘Bond King’ Is Worried About a Recession. The Market Should Be, Too.
Gibson Smith, of Smith Capital, doubts the Fed can engineer a perfect soft landing. It’s time for bond investors to get ...
Walmart Exec: Bring More Small Businesses into the U.S. Manufacturing Boom
Most new factory investments have been megaprojects, Walmart U.S. CEO John Furner writes in a guest commentary.
Oil May Be Rebounding, But It’s Still Weak
Crude prices were rising early Thursday as a storm in Louisiana affected production. West Texas Intermediate was up 1.6% to $68.39 a barrel. However, prices remain well below the $70 mark, and the ...
Traders Lock In Quarter-Point Rate-Cut Bets. The Fed Is Still Seen as Aggressive.
The latest inflation data look to have decided the debate between whether the Federal Reserve will begin its rate-cutting cycle with a quarter-point or half-point percentage cut in favor of the former ...
The Mag 7 Made a Comeback Yesterday. Why They Will Be Tested Again Today.
After trailing off in the past few months, the Magnificent Seven stocks that drove much of the market’s rally since 2022 had a good day on Wednesday. The best performer was chip maker Nvidia, but the ...
Nvidia CEO Sways Markets. What Fed Rate Cuts Mean for the AI Boom.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Thursday as the stock market braces for more inflation data.