A rate cut at next week’s ECB meeting looks like a done deal. Even this week’s inflation and sentiment indicator data are unlikely to stop the central bank from cutting.
A broad set of U.S. economic indicators continue to show that the odds are low that an NBER-defined recession has started or is imminent.
The S&P 500 managed to eke out a gain last week but most everything else was down, primarily due to interest rate fears.
Fundamentals have not changed but seems the market couldn't go higher yesterday, so it fell. That for some investors is also, called profit-taking.
Moderating activity or even a slightly negative tone to 'Beige Book' data out today, reflected what we already know: moderating wage increases, continued high prices, and the contours the Fed wants are sort of lacking.
It’s like someone brought a skunk to the garden party, and now everyone’s running for cover.
BB Seguridade Participacoes SA (BBSEY) is a diversified insurance company that operates two segments: insurance and brokerage. Over the past year, BB Seguiridade's share price grew just over 2.8% from $6.00 to $6.17 as of Wednesday’s market close.