Risk of Another U.S. Government Shutdown
Risk of another U.S. government shutdown is rising as there needs to be a short-term spending deal by Friday to avoid a…Esaye writes.
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Risk of another U.S. government shutdown is rising as there needs to be a short-term spending deal by Friday to avoid a…Esaye writes.
A 50 basis point drop in the 10-year Treasury yield were overdone and not governed by facts…said Tom Essaye, of Sevens Report Research.
Investors are searching for what’s next and that could be either 1) A growth scare or 2) A resumption of the soft landing…Tom Essaye said.
So look for Treasury yields to continue to drive short-term trading, writes Sevens Report Research’s Tom Essaye.
It is important to watch the S&P500 index’s support zone from 4,050 to 4,170, where the index spent most of April…according to Tom Essaye.
Seemed to be in reaction to the addition of the phrase ‘tighter financial conditions’ for households and businesses,” said Tyler Richey.
The longer-term outlook for oil remains much less certain with a significant…said Tyler Richey, co-editor at Sevens Report Research.
Tom Essaye from The Sevens Report newsletter noted that the Israeli operation in Gaza might be helping ease geopolitical tensions.
Geo-politically, Israel moved forces into Gaza over the weekend but the operation isn’t as large as feared (yet) and…writes Tom Essaye.
Sevens Report Research’s Tom Essaye told Barron’s the core PCE reading was inline with expectations but didn’t eliminate the risk of…
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