S&P 500's Small Drop Hides Widespread Weakness Among Stocks
S&P 500 flat close hid a broad retreat: 328 stocks fell vs 174 rose. Yields rose, AI capex faced friction.
S&P 500 flat close hid a broad retreat: 328 stocks fell vs 174 rose. Yields rose, AI capex faced friction.
Bitcoin trades near $84,000 as analysts focus on the weekly close above $82,000 to confirm a breakout toward $100,000.
UBS says October Fed hike odds are overdone; 10-year yield above 5.1% for first time since 2007.
Oil prices rose to a one-week high after Houthi strikes on Saudi Arabia, but gains were trimmed by reports of a potential US-Iran deal on the Strait of Hormuz.
Almost all economists expect the RBA to raise rates to 4.60% on Tuesday, the highest since 2011.
Jeff Booth believes the $1 million Bitcoin price target is too small, as Bitcoin represents a new free market.
Saifedean Ammous says Bitcoin's declining volatility is the most bullish sign, with bear-market drawdowns shrinking to 54% this cycle.
The US 7-year note auction saw a high yield of 5.085% with demand softer than average, earning a Cβ grade.
Fed's Paulson signals another rate hike may be needed; other officials echo hawkish stance.
August new-home sales beat estimates at 684,000, with July revised up to 643,000.
BOE Deputy Governor Breeden says energy prices may stay elevated, potentially forcing policy response despite limited pass-through.
Morgan Stanley and Goldman Sachs warn a US diesel export ban could push gasoline prices up as refiners cut output, while Trump weighs the curb.
Chris Giancarlo argues that fiscal and monetary policies strengthen Bitcoin's case, with rate hikes supporting its value proposition.
Fed's Hammack says inflation risks are tilted upward, supply shocks challenge policy.
Santiago Capital CEO Brent Johnson argues Bitcoin is the best pure-play asset tied to rising global liquidity, and discusses dollar system, stablecoins, andβ¦