Did Powell just pour gasoline on stock market's fire?
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August 31, 2024 4:00 AM EDT
As the U.S. approaches another presidential election, investors are naturally curious about how the outcome might affect the markets.
However, Morgan Stanley analysts suggest that the business cycle, rather than the election, will have a more significant impact on market behavior.
Morgan Stanley said in a note to clients on Monday that while election years are often filled with speculation and predictions, the historical impact of elections on markets is less clear.
Our... More
August 26, 2024 2:06 PM EDT
Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut
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August 26, 2024 12:43 PM EDT
Investors should exercise caution with stocks and bonds as the U.S. dollar shows potential for a bounce, according to a recent note from BTIG.
Despite the initial market enthusiasm following Federal Reserve Chair Jay Powell's dovish speech at Jackson Hole, BTIG suggests that the rally may not have much further to run.
The firm notes that while the market is trending higher, there is... More
