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Stagflation Embrace
Article By:
Monica Kingsley
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Sunday, May 5, 2024 11:20 AM EDT
The S&P 500 didn't look back following the underwhelming NFPs and the stark tech leadership coupled with meaningful enough retreat in yields provide for an inflection point in equities. Junk corporate bonds and Treasuries support more gains.
Weekly Market Outlook – Still Not The Kind Of Recovery Effort The Bulls Want To See
Article By:
BigTrends
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Sunday, May 5, 2024 8:40 AM EDT
A tough week turned real bullish real fast on Friday thanks to a poor jobs report for April. Payroll growth came up short of expectations, pushing the unemployment rate up, and leading traders to believe the Fed may be cutting interest rates sooner.
Weekly Commentary: Instability
Article By:
Doug Noland
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Sunday, May 5, 2024 5:08 AM EDT
Powell is a dove which should not have surprised us. There was justification for market expectations of a more hawkish FOMC and Chair. Inflation has been sticky, and the current trajectory unclear.
Fed Not Yet Pivoting Despite Deteriorating US Economy
Article By:
GoldBroker
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Saturday, May 4, 2024 2:00 PM EDT
Despite the relative resilience of the markets, it is becoming increasingly difficult to conceal the onset of a slowdown in the U.S. real economy. Wall Street has been breaking records, while Main Street has been taking a nosedive.
ISM Services In Contraction For The First Time Since December 2022
Article By:
Mish Shedlock
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Saturday, May 4, 2024 1:40 PM EDT
Economic activity in the services sector contracted in April for the first time since December 2022, ending a period of 15 consecutive months of growth.
EUR/USD Broke Above Recent Congestion As US NFP Miss Drove Down Greenback
Article By:
Joshua Gibson
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Saturday, May 4, 2024 1:20 PM EDT
The EUR/USD currency pair drove into a fresh weekly high on Friday, breaking above recent congestion after a broad miss in US Nonfarm Payrolls labor and wages figures reignited hopes for an accelerated path towards Federal Reserve rate cuts.
U.S. Weekly FundFlows Insight Report: Short/Intermediate IG ETFs Log Eighth Straight Weekly Inflow
Article By:
Lipper Alpha Insight
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Saturday, May 4, 2024 12:20 PM EDT
During the fund-flows week that ended May 1, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second straight week, adding a net $22.0 billion.
May 2024 Monthly
Article By:
Marc Chandler
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Saturday, May 4, 2024 9:58 AM EDT
The resilience of the US economy and stickiness of price pressures spurred a reassessment of the trajectory of Fed policy. This sparked a sharp rise in US interest rates and extended the dollar’s advance.
AUD/USD Weekly Forecast: Odds Of Fed Rate Cut In Sept.
Article By:
Yohay Elam
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Saturday, May 4, 2024 8:40 AM EDT
The dollar had its worst week in over two months. Poor employment figures from the US increased the likelihood that the Fed will cut rates in September.
AUDUSD Analysis & AUDUSD Price Prediction Forecast - Saturday, May 4
Video By:
Frano Grgic
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Saturday, May 4, 2024 4:11 AM EDT
Today you will see AUDUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for AUDUSD. What to expect where the price will breakout for the AUDUSD based on the supply and demand zones.
Navigating Market Trends: Elliott Wave Insights For NDX Tech Stocks
Video By:
Peter Mathers
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Friday, May 3, 2024 11:00 PM EDT
Nasdaq 100 and SP500 Wave (4) low being in place strengthens day by day and we can continue to build long positions across many markets such as Bitcoin and crypto tokens.