MACRO
CEOs Bet Big on US Economy, Plowing Cash Into Projects
CEOs across the country are opting to reinvest more of their profits in expansion projects rather than handing the money back to shareholders.
With tightening credit muting share repurchases, and the siren song of artificial intelligence blaring everywhere, outlays for investment on plants and technology have blossomed. The median company pushed ...

The decline in Treasuries since the 8th of March has been mostly attributed to the massive increase in supply, following hawkish testimony from Fed Chair Jerome Powell and safe-haven concerns over smaller US banks after a Fed-arranged rescue of Silicon Valley Bank.
Despite the rising duration risk, equity markets - particularly mega-cap tech companies - have displayed an alarming level of disregard for these develo...

A Skip In June Appears Likely
At 2 p.m. EDT time on June 14, the Federal Reserve will release the results of its June report, and release the latest quarterly economic forecast and interest rate dot plot. Fed Chairman Powell will hold a press conference later.
Expectations for the June meeting are solidly centered around the Fed keeping interest rates steady for the first time since tightenin...