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Is The US National Debt Unsustainable? 'We Can't Have A Deficit Of 7% Of The GDP'
2024 Apr 19, 11:41am | 700International Monetary Fund (IMF) deputy chief Gita Gopinath raised concerns about the United States’ burgeoning public debt, emphasizing the urgency of reducing the federal deficit from its current 7% of GDP. “The U.S. is running [a] very large deficit for a country with a strong...
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Aggressive Stock Dip Buying – Iran Downplays Israeli Attack – Fed Official Talks Rate Hike
2024 Apr 19, 11:23am | 1462To gain an edge, this is what you need to know today. Aggressive Buying Please click here for an enlarged chart of E-mini S&P 500. Note the following: The chart shows a big drop in stock futures on the news of an Israeli attack on Iran. The strike targeted areas around Isfahan in central...
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Wall Street On Track For 6th Day Of Losses? Netflix, Geopolitical Tensions Drag Futures Down: Analyst Tells Why Next 2 Weeks Are Pivotal
2024 Apr 19, 6:48am | 1568U.S. stocks appear headed for another losing day, potentially marking a sixth consecutive session in the red for Wall Street. While index futures on Friday clawed back some earlier losses, sentiment remains fragile following Israel’s missile strikes on Iran in response to drone...
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Small Group Of Hedge Funds Wields Dominance In US Treasury Market: 'A Concentration Of Vulnerability Has Built Up,' IMF Warns
2024 Apr 18, 4:57pm | 847The International Monetary Fund (IMF) has raised concerns about a small number of hedge funds that now hold significant control over the U.S. Treasury futures market. “A concentration of vulnerability has built up, as a handful of highly leveraged funds account for most of the short...
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Wall Street Looks To Snap 4-Day Losing Streak As Traders Eye Fed Speeches, Netflix Earnings: Analyst Pencils S&P 500's Next 'Major' Downside Support
2024 Apr 18, 6:55am | 1691Cautious optimism hangs in the air on Thursday morning as index futures traded up moderately in early hours. The earnings season also heats up with more financial companies and streaming giant Netflix, Inc. (NASDAQ:NFLX) scheduled to release quarterly results. Economic data on the...
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Most S&P 500 Stocks No Longer Trade Above 50-Day Average: Healthy Pullback Or Is The Bull Market Over?
2024 Apr 17, 4:51pm | 763For the first time since early November 2023, less than 30% of S&P 500 stocks are trading above their 50-day moving average — a clear indicator of the current poor market’s breadth. This significant drop from the 85% observed in late March and 92% at the beginning of January highlights a...
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Fed Beige Book Shows Modest Economic Expansion: Energy Prices On The Rise, 'Sharp Increases In Insurance Rates'
2024 Apr 17, 2:15pm | 366The latest Federal Reserve Beige Book report released Wednesday shows a slight expansion in overall economic activity, with 10 of the 12 districts showing growth, a mild improvement from previous findings. Consumer spending displayed minimal growth, manufacturing activity declined slightly and...
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Stocks Fall As Geopolitics, Economic Worries Spook Investors, Chipmakers Sell Off, Bitcoin Tumbles To $60,000: What's Driving Markets Wednesday?
2024 Apr 17, 2:09pm | 932A sentiment of risk aversion looms over the markets during Wednesday’s trading session, triggering midday losses across the board in stocks and cryptocurrencies and prompting a flight towards bonds, as investor confidence remains dampened by geopolitical and economic risks. The situation in...
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Riding the Waves: Jeff Clarks' Strategy for Profiting From Market Volatility
2024 Apr 17, 1:13pm | 2543Source: Streetwise Reports 04/15/2024 Jeff Clark of TheGoldAdvisor.com sits down with Streetwise Reports to explain his method when navigating the markets and shares four stocks he believes are great opportunities. With his father being a gold prospector, Jeff Clark of thegoldadvisor.com was born...
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Fund Managers Are The Most Optimistic Since 2022: 'Bull Sentiment Not Quite At Close-Your-Eyes-And-Sell Levels'
2024 Apr 17, 12:55pm | 738A striking uptick in optimism among fund managers is visible in the latest Global Fund Managers Survey by Bank of America, with investors showcasing the most bullish outlook for global equities since January 2022. The survey included 224 panelists overseeing $638 billion in assets. It found that...
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Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
2024 Apr 17, 11:23am | 1129Real estate stocks slid at Wednesday’s market open, weighed down by the latest disappointing data on housing starts and a spike in mortgage rates, darkening the outlook for the sector. By 9:00 a.m. EST, the Real Estate Select Sector SPDR Fund (NYSE:XLRE) had dropped by 0.3%. This marked its...
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Wall Street Poised To Rebound From Slump As Earnings Optimism Grows: Analyst Eyes This S&P 500 Level As Attractive Entry Point
2024 Apr 17, 7:09am | 1162U.S. stocks are priming for a firmer start on Wednesday, potentially striving to inflect higher from the weakness seen so far in April. As some bullish market watchers pointed out there could be an inflection from the second half of April, with earnings potentially serving as an upside catalyst....
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Jerome Powell Back In Hawkish Policy Lane? Why Economists Feel Fed's 'Higher For Longer' Narrative Hasn't Changed: 'Markets Need To Focus On The Fact That...'
2024 Apr 17, 3:25am | 685Federal Reserve Chair Jerome Powell stated on Tuesday that a prolonged period of restrictive monetary policy may be necessary, refraining from offering explicit guidance on a rate-cutting strategy. Economists interpreted this as a clear indication that the central bank is...
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Powell Delays Fed Rate Cuts, Says 'We Need Greater Confidence In Inflation': 2-Year Yields Spike To 5%
2024 Apr 16, 2:19pm | 542Fed Chair Jerome Powell stated Tuesday that progress towards the 2% inflation target has recently stalled, prompting the Federal Reserve to prefer holding rates and delaying policy easing to a more appropriate time in the future. Powell acknowledged that the U.S. economy has been notably robust...
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Wall Street Braces For Mixed Open As Middle-East Tensions Offset Earnings Optimism: Analyst Points To Silver Lining In Rally Break
2024 Apr 16, 7:24am | 1453Earnings optimism may partly offset worries concerning rising bond yields and the volatile geopolitical situation in the Middle East, with the index futures trading mixed early Tuesday. Israel is considering its next course of action, adding to the uncertainty. Domestically, inflation...