Over $3 billion is spent daily, even on weekends, to cover the interest payments on the country’s national debt. Decreases in the Federal Reserve’s interest rates will not only help families and companies struggling to handle higher borrowing costs. The Treasury would also benefit from reduced borrowing costs as the...
Retail investors, often labeled as “dumb money” on Wall Street, heavily invested in Nvidia before the company’s disappointing earnings announcement. Research from JPMorgan and Vanda shows that these individual investors not only bought Nvidia shares but also invested in exchange-traded funds (ETFs) heavily weighted with Nvidia, including leveraged ETFs tied...
Bespoke: S&P 500’s August Rebound Driven by Broad Market Strength Across Multiple Metrics More U.S. stocks are participating in the ongoing stock market rally, with the S&P 500 extending its August rebound, according to Bespoke Investment Group. “Since the sharp decline that bottomed out on August 5, the market’s recovery...
The U.S. stock market is approaching the high valuation levels last seen at the peak on January 3, 2022. When it recovers from a correction and approaches a new all-time high, it’s essential to compare current valuations with those at previous peaks. Investors often expect these downturns to eliminate prior...
Federal Reserve Chairman Jerome Powell has pledged to take all necessary measures to sustain a strong labor market, vowing to prevent a rise in unemployment that could push the U.S. economy into recession. “We do not seek or welcome further cooling in labor-market conditions,” Powell declared in a speech on...
You might expect the final week of August to be one of the slowest on Wall Street, with traders enjoying the last days of summer before Labor Day. However, a major event is about to capture the market’s attention: Nvidia’s upcoming earnings report. In fact, one money manager suggested that...
