No Data
Jackson Hole Symposium Could Cast Light on Fed's September Decision -- Market Talk
There is perhaps not enough economic data to tip the balance in favor of an interest-rate cut by the Federal Reserve in September but more information is likely to be available by the Fed's Jackson Hole symposium in August, says John Plassard, senior investment specialist at Mirabaud Group, in a note.
The popularity of etfs is on the rise in the USA, with nearly half of individual investors choosing to invest.
In April of this year, 45% of individual investors in the USA use etf, which is higher than 40% in 2022. The survey shows that more than two-thirds of institutional investors use them.
What Is the 'Trump Trade'?
State Street Senior Multi-Asset Strategist Marija Veitmane discusses the "Trump trade," the outlook for earnings and why she cautions against a "wholesale rotation into small caps."
Reuters Reports Harris Campaign Secures Enough Delegates To Clinch Democratic Presidential Nomination, Citing Campaign Sources
Reuters Reports Harris Campaign Secures Enough Delegates To Clinch Democratic Presidential Nomination, Citing Campaign
The "bleak season for US stocks from August to October" is approaching. Be wary of the wave of "profit-taking"! The financial reports of technology giants will dominate the fate of US stocks.
Issues typically arise between August and October, during which the historical performance of the US stock market is relatively weak compared to other months. The S&P 500 index in September has the largest five-year average decline at -4.23%.
Harris Glides Toward Nomination, Contest With Trump -- WSJ
Vice President Kamala Harris marched toward securing the Democratic presidential nomination Monday following President Biden's decision to abandon his re-election bid, as the party coalesced around her to take on Donald Trump this fall.