Author: Financial Reporter
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US Treasury Yields Jump 25 Basis Points Since Wednesday – Here’s What it Means for Investors
On Monday, the U.S. 10 Year Treasury yield (US10Y) moved 8 basis points higher to 3.61%, following a Friday jump of 14 basis points. This means that the 10-year Treasury yield has risen 25 basis points since the close on Wednesday, Powell-day, with 11 basis points today and 13 basis points on Friday, to 3.64%,…
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Oil Prices Retreat Amid Volatile Markets and U.S. Reserve Sale
On Tuesday, oil prices decreased following the US’s announcement that additional inventory will be released from the Strategic Petroleum Reserve, which has already caused a high degree of instability in the worldwide supply and demand balance.[0] At 9:15 ET, U.S. crude futures had decreased by $2.21 (2.8%) to $77.93 per barrel, and Brent crude futures…
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Bitcoin Price Surges 0.64%, Market Cap Reaches 442.04 Billion USD
The world’s largest cryptocurrency, Bitcoin, has seen a surge of 0.64% in the last 24 hours, taking the market cap to 442.04 billion USD.[0] Each BTC token is trading for 22,950 USD and is nearing the 23k mark for the second time in the year.[1] The 24-hour trading volume has seen an increase of 12.43%…
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Fed Warns Investors: Be Prepared for Higher Yields
Dallas Fed President Lorie Logan said on Tuesday that the Federal Reserve should not “lock in” on a peak interest rate or a precise path for the rise in rates.[0] This is part of a larger effort to restore balance between demand and supply in the economy and bring inflation down to the 2% target.[1]…
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Navigating the Conundrum: Don’t Fight the Fed on Inflation and Interest Rates
Don’t Fight the Fed: Inflation, Interest Rates, and Investing The old adage, “Don’t fight the Fed,” cautions against investing in ways that might run counter to U.S. central bank policy.[0] With inflation surging last year, the Federal Reserve (Fed) hiked interest rates from nearly zero to almost 5% within the past year.[1] Raising the rates…
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Navigating the Market Correction: Reity Shares His 40 Years of Investment Experience in the Reitmeister Total Return Portfolio
It has been nearly a year since the stock market correction began, and the ongoing battle between bullish technical improvements and bearish fundamentals continues.[0] If the “bear market” is “canceled,” soon we will know.[1] To confirm whether the breakout is sustainable and the bear market is canceled, a pullback to the previous downtrend line that…
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US Retail Sales Surge in January, Boosting US Economy Outlook
US retail sales surged in January, rising by 3%, the US Census Bureau reported on Wednesday.[0] This was the biggest monthly gain since March 2021 and well above the 1.8% estimate from Refinitiv economists. Excluding automobiles and gasoline, core retail sales rose by 2.6%, the largest increase in nearly two years.[1] This represents the largest…
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January US Retail Sales Post Largest Increase Since March 2021
Retail sales in the United States rose by 3% to $697 billion in January, the US Census Bureau reported on Wednesday.[0] In comparison to December’s 1.1% decrease, the reading was better than expected, with the market predicting an increase of 1.8%.[1] Retail Sales, excluding Auto Sales, grew by 2.3% in the same period, surpassing analysts’…
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ETFs Industry Sees 44th Consecutive Month of Inflows
ETFGI, a leading independent research and consultancy firm, reported that the global ETFs industry gathered net inflows of $30.96 billion during January. This marks the 44th consecutive month of inflows for the ETFs segment, with assets invested increasing by 5.9% from $9.26 trillion at the end of December to $9.81 trillion.[0] Equity ETFs/ETPs gathered net…
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US Inflation & Treasury Yields Rise; Dow, S&P 500 & Nasdaq Fall; Tesla Shares Rise on Barclays’ Overweight Rating
The consumer price index rose 0.5% in January compared to the previous month, according to the latest statistics.[0] This increase was sharper than the expected advance of 0.4%, and on an annual basis, CPI rose at a 6.4% pace.[1] Core prices, excluding the volatile food and energy sectors, showed a 5.6% increase from last year.[1]…