BlackRock's Rieder Shifts from Stocks to High-Grade Bonds
BlackRock CIO Rick Rieder cuts equities for high-grade bonds yielding 7-8%, preferring them over expected stock returns of 10-12%.
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BlackRock CIO Rick Rieder cuts equities for high-grade bonds yielding 7-8%, preferring them over expected stock returns of 10-12%.
Peter Brandt says technical charts alone justify XRP ownership, no cult membership needed. Whale accumulation and ETF inflows bolster bullish case.
China and the US agreed to establish a trade council and extend their tariff truce until January 2027.
Gold slid below $4,230 after a support shelf built from Sept 24-25 lows and repeatedly tested gave way; the hourly close was $4,230.84.
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
Falling oil could trigger a 5-10% stock rally, says strategist David Spika, as lower crude may ease inflation and bond yields.
The PBOC has eased resistance to yuan gains, though September fixings remain below market estimates. Reuters sees the next midpoint at 6.7085.
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BOJ July minutes show one member pushed for faster hikes as price risks lean higher, with the pace of future moves seen potentially exceeding market…
SNB President Martin Schlegel said Swiss inflation forecasts are near the middle of the target range. The central bank held its rate steady at zero.