The analyst says a popular economic concept may be put to the test.
China Taps Global Bankers for Feedback to Lift Market Confidence
(Bloomberg) -- China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been quarterly discussions to sometimes weekly or ad-hoc queries aimed at gathering perspectives on recent stimulus measures, according to people familiar with the matter.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Ar
Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest rates, and rising unemployment, Roubini said.
Analysts rework Nvidia stock price targets on AI dominance
This is what could happen next to Nvidia shares.
BlackRock Takes Aim at Money Market ETFs
Asset manager files for two money market funds as rates begin to fall.
Wall Street bonuses expected to rise for first time since 2021: report
Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.
As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low
The benchmark price used for most fuel surcharges dropped for the third time in four weeks to a more than three-year low. The post As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low appeared first on FreightWaves.
NY Fed's Perli still sees ample money market liquidity
NEW YORK (Reuters) -Even with some recent bouts of volatility, it appears money market liquidity levels remain robust, a top New York Federal Reserve official said on Tuesday, suggesting the case for the Fed to press on with its balance sheet drawdown can proceed. While the volatility that struck markets at the end of September is something that argues for central bankers to keep a close eye on markets, even with the churn, “I want to make clear that there is considerable evidence that reserve supply remains abundant - quarter-end pressures do not appear to be induced by a scarcity of reserves," said Roberto Perli, who manages the implementation of monetary policy at the Federal Reserve Bank of New York, in the text of a speech. “Although we are monitoring events closely, there are few obvious and foreseeable risks to our continuing to implement monetary policy efficiently and effectively” at the command of the rate setting Federal Open Market Committee, he said.
Stock market today: Trump rally slows with stocks at record highs ahead of new economic data
The five-day post-election rally wavered on Tuesday morning as investors awaited fresh inflation data.