8 December, 2021 by The TZ Newswire Staff Comments Off on Morgan Stanley forecast 5 Federal Reserve rate hikes ahead
Morgan Stanley forecast 5 Federal Reserve rate hikes ahead
Morgan Stanley project a rate hike from the Federal Open Market Committee in September and December 2022
followed up by another three hikes in 2023
“We now expect the FOMC to begin raising interest rates in September next year, two quarters earlier than previously anticipated.”Morgan Stanley
8 December, 2021 by The TZ Newswire Staff Comments Off on Midday Meme Stock Movers for 12/8: AMC, Bakkt, GameStop, Paysafe
Midday Meme Stock Movers for 12/8: AMC, Bakkt, GameStop, Paysafe
Two OG meme stocks were in the news Wednesday, along with a couple of double-digit gainers. One of those was likely due to some reported insider buying.
8 December, 2021 by The TZ Newswire Staff Comments Off on : Republican lawmakers embrace crypto as ‘Web 3.0,’ Democrats worry over investor protection in digital asset hearing
: Republican lawmakers embrace crypto as ‘Web 3.0,’ Democrats worry over investor protection in digital asset hearing
A partisan divide over regulation of cryptocurrencies was on display Wednesday, when members of the House Financial Services Committee questioned the leaders of some of the nation’s largest digital asset firms in a hearing on Capitol Hill.
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8 December, 2021 by The TZ Newswire Staff Comments Off on : Americans are not canceling flights as omicron variant spreads — at least, not yet
: Americans are not canceling flights as omicron variant spreads — at least, not yet
Not all locations are seeing a downturn in travel demand as a result of the latest variant.
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8 December, 2021 by The TZ Newswire Staff Comments Off on Rabobank: Is Joe Biden Turning Into Jimmy Carter?
Rabobank: Is Joe Biden Turning Into Jimmy Carter?
Rabobank: Is Joe Biden Turning Into Jimmy Carter?
By Philip Marey, US strategist at Rabobank
Stock markets continued their Omicron relief rally yesterday, despite the limited amount of hard data on the new COVID-19 variant. The S&P500 gained 2.1% and the Euro Stoxx 50 rose by 3.4%. This morning, most Asia-Pacific stock markets are up. The 10 year US treasury yield climbed further to 1.48% yesterday, but is trading sideways around 1.46% this morning.
8 December, 2021 by The TZ Newswire Staff Comments Off on The Ratings Game: Stitch Fix shares plunge as ‘messy’ business transition could stall sales growth
The Ratings Game: Stitch Fix shares plunge as ‘messy’ business transition could stall sales growth
Stitch Fix shares fell 23% in Wednesday trading after the company swung to a fiscal first-quarter loss and was downgraded at KeyBanc
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8 December, 2021 by The TZ Newswire Staff Comments Off on Solid 10Y Auction Despite Modest Tail As Shorts Cover Into 1pm Deadline
Solid 10Y Auction Despite Modest Tail As Shorts Cover Into 1pm Deadline
Solid 10Y Auction Despite Modest Tail As Shorts Cover Into 1pm Deadline
Similar to yesterday’s 3Y TSY action, the 10Y note was trading special in repo overnight ahead of today’s $36BN auction.