Markets Have Aggressively Priced In No Recession Or Slowdown
Markets have aggressively priced in no recession or slowdown, but that’s premature. The economy could…analysts at Sevens Report said.
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Markets have aggressively priced in no recession or slowdown, but that’s premature. The economy could…analysts at Sevens Report said.
West Texas Intermediate crude tested critical 2023 support in the upper $60s, said Tyler Richey, co-editor at Sevens Report Research.
A pullback in both stocks and bonds is lower than it’s been all year because the market has so aggressively priced…Tom Essaye wrote.
The OPEC+ decision was a clear disappointment last week due to both the…said Tyler Richey, co-editor at Sevens Report Research.
Investors will want to see more evidence that supports a soft landing in the data as sentiment has deteriorated since…Tom Essaye writes.
“It’d take a major beat or miss to move markets, so we should expect continued general digestion of last week’s rally,” said Tom Essaye.
Sevens Report Research’s Tom Essaye told Barron’s it looked like a “wait and see day” ahead of the personal consumption expenditures price…
One potential catalyst that could shake up markets today is the 20-Year Treasury Bond auction at 1:00 p.m. ET as weak…writes Tom Essaye.
Expect more sideways trading in equities today with the threat of a continued move higher on bullish market momentum…Tom Essaye writes.
WTI crude-oil futures had been trading lower as investors digested the New York Empire State Manufacturing release, said Tyler Richey.
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