Fed's Collins: Growth has been slowing but economic fundamentals are relatively solid

8 months ago 31

EU tariffs on Russian fertilizer raise costs for farmers, with urea prices up 26.5%. Russian firms eye other markets.

Investors chase 5.75% yields on long-bonds, orders 5x supply. Companies shun long-term debt, compressing spreads.

Germany's economy contracted 0.3% in Q2, revised down! US tariffs hit exports, pushing it into recessionary territory. Traders eye global trade risks.

S&P 500 dips 5 days straight as traders await Powell's speech. Market sentiment wavers on Fed's next move.

Wall Street Journal

25m ago

Bitcoin's volatility drops to 38%, rivaling Starbucks. Ether ETFs see volume surge, attracting traders seeking sharper swings.

BlockFi investors near $13.2M payout as final objection drops; ~89K creditors await funds after 2022 crypto implosion.

UBS hikes S&P 500 target to 6,600! Earnings strength & rate cut hopes fuel the rally. Traders eye upside.

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