Morning Bid: With US economy humming, a quarter point will do
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Markets are calming, positioning risks have become more balanced: Barclays
August 16, 2024 7:42 AM EDTRecent market turbulence is easing as reassuring consumer and employment data have brought calm, according to a Barclays report.
The bank says this stabilization has led to a decrease in volatility, with the VIX index returning to subdued levels.
Barclays attributes this calm to "reassuring consumer and employment data" and easing inflation risks, which have further paved the way for the "Fed to cut rates and... More
