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JPMorgan Chase & Co.’s trading desk is shifting to a “tactically cautious” view on US stocks for the next few weeks after hawkish remarks by Federal Reserve Chairman Kevin Warsh led markets to boost bets on interest-rate hikes this year.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
A renewed Middle East conflict knocked stocks lower Monday. Zoom out, though, and August was a winning month led by tech earnings.
Rising oil prices revive inflation concerns and rate-hike bets, offsetting support from Treasury bond buybacks.
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
