Global S&P Futures mixed in premarket
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A major bond expert says bond yields may be finally peaking
April 29, 2024 8:55 AM EDTThe global head of fixed income research at HSBC discussed whether bond yields are peaking in a note on Monday, stating that we are watching the formation of a third peak for yields in the last 18 months.
Steven Major told investors that a triple top has formed, although the two previous occasions did... More
Morgan Stanley explains why stocks aren't reacting to the high earnings beat rate
April 29, 2024 6:31 AM EDTDespite earnings consistently surpassing earnings expectations, there have been muted price reactions in stocks, prompting analysts at Morgan Stanley to explore the underlying factors contributing to this apparent discrepancy in a note Monday.
The investment bank stated that unpredictable data and tough rate comparisons are challenging multiples in the near term.
"1Q earnings season has delivered a high beat rate with muted price reactions," said the bank in its... More
