See Gradual Drop in Inflation, Says Schwab's Jones

Charles Schwab Chief Fixed Income Strategist Kathy Jones says she sees a gradual deceleration in inflation unless the US economy hits a 'pothole'. She says that at the moment, due to an inverted yield curve in the Treasury market, that it's difficult to extend duration -- adding that she is looking beyond USTs for duration, including to mortgage backed securities. She spoke with Manus Cranny and Dani Burger on Bloomberg Brief.

Bloomberg1minutes ago

BofA: S&P 500 on Track for Stronger 2H After Positive 1H

Following a positive first half (1H) of 2024, the S&P 500 (SPX) is poised for a stronger second half of the year, Bank of America (NYSE:BAC) strategists said in a recent note.

Investing04:58 ET

The US non-farm payroll report for June will be released on Friday! Q2 US stock profit growth is still dependent on technology giants.

The release of the U.S. June nonfarm payroll report this Friday will provide a powerful perspective on the labor market, and the latest salary and job vacancy situation of private enterprises will also be the focus of this week.

Zhitong Finance02:03 ET

Stock Futures Rise As Wall Street Readies For The Second Half

Stock futures rose in overnight trading Sunday as Wall Street looked ahead to the second half of 2024.

Business Today20:11 ET

Former top three at the Federal Reserve: the Fed will ultimately cut interest rates, but later than expected by the market, pay attention to these two key indicators.

Dudley believes that the US economic growth will gradually slow down, and the interest rate level will remain high for a longer time. The neutral interest rate level may rise to 3.6%, and the key indicators to be monitored in the future are the unemployment rate and core service inflation.

wallstreetcn19:11 ET

If Jobs Keep Getting Harder to Find, the Stock Market Could Be in Trouble

First, the labor market was too hot for the U.S. stock market. Now it could risk cooling too quickly.

MarketWatch12:01 ET