Is All the Bad News Priced In?

Is All the Bad News Priced In?

The People’s Bank of China got the week started with surprise rate cuts on domestic growth concerns, the Federal Reserve Bank of New York’s Empire State Manufacturing Survey on general business conditions for August registered its second-biggest slide since 2001, and the National Association of Home Buyers/Wells Fargo Housing Market Index declined for the eighth straight month. But all three major U.S. equity indexes were higher heading into the close, as Treasury yields continued to drift lower. Perhaps investors anticipate a Federal Reserve pivot. Perhaps they’re pricing in a selloff in crude oil. Has the larger trend shifted? “We have NEVER seen a time in history like this,” tweeted Michael Gayed in July, “where a significant drawdown in Treasuries matched a significant drawdown in stocks (which may not be over).” Gayed, the publisher of the Lead-Lag Report, joins Maggie Lake for today’s Daily Briefing to talk about stocks, bonds, and the rising risk of demand destruction because of Fed rate hikes just as supply chains come back on line. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Avsnitt(2053)

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🔥 Get FREE ACCESS to Real Vision https://rvtv.io/41tyn6M Real Vision co-founder and CEO Raoul Pal welcomes James from InvestAnswers for a fascinating conversation on the future of crypto, technology...

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A Town Hall with Raoul Pal: What’s Next?

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#1043 - Is It Time to Take Profits in Nvidia? with Mish Schneider

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🔥 Join the Polkadot community here: http://realvision.com/polkadot Mish Schneider, the chief strategist at MarketGauge, joins Maggie Lake to discuss the surge in Nvidia stock, whether it's a good tim...

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