Hard hitting global and local news
At a speech in Atlanta, Fed chairman Jerome Powell promises patience and walked back his autopilot statement. So what?
Nonfarm payrolls jumped by 312,000 and the unemployment rate rose by 0.2 PP as the labor force expanded by 419,000.
Apple set a record that will take a long time to beat. The first $ trillion company lost nearly half…
Dallas Fed president Robert Kaplan wants to pause hikes until “uncertainties” settle down.
A month ago, Fed Fund Futures implied a 72.9% chance of at least one hike. They now imply a 38.9%…
Yields took another dive lower today with the 1-year to 7-year inversion still intact.
Economists missed the mark badly in estimating ISM numbers this month.
Apple Blames “Mounting Uncertainty” in Rare Guidance Cut. Futures hammered.
A new IMF report compiles debt data through the end of 2017. The numbers are staggering.
The majority of board members at Banca Carige, Italy’s 10th largest bank, resigned and the ECB took Over.