Market Trend - Wells Fargo is increasing purchases of top-rated collateralized loan obligations [1] - This follows a period of reduced activity in the $1.3 trillion market after interest rate hikes in 2022 [1]

Let's bring in the aforementioned pioneer of the bond vigilante term, Ed Yardeni, the president of Yardeni Research. Ed, this is an environment where it's surfacing again, that term bond vigilantes, but they don't seem to be nearly as effective of vigilanteism as the original bond vigilantes that helped you coin the phrase. Correct. Correct.Well, you know this they were most active in the 1980s and then in the 1990s inflation came down and the administration back then the Clinton administration recognized t ...

Market Trends & Interest Rates - Treasury yields are rising as investors react to weaker jobs data and the potential impact of President Trump's tax and spending package [1] - Interest rates may have peaked in terms of low rates, particularly given the holiday-shortened week [2] - The 10-year Treasury yield continues to move higher [3] Labor Market Analysis - ADP small business job loss data at 8:15 AM EST made some traders nervous, causing yields to drop initially [2] - A potentially weakening labor market could influence the Federal Reserve's decisions [4] - Uncertainty remains whether the day's report is indicative of the larger jobs number to be released tomorrow [5] Federal Reserve (The Fed) & Monetary Policy - A weakening labor market could hasten the Fed's easing campaign [4] - Fed fund futures gravitated towards the upside, indicating expectations of more easing [4] - The market is unsure if today's report is a one-off or a clue about tomorrow's jobs number, impacting expectations for the Fed [5] Bond Market Dynamics - The 2-year yield reflects the most information regarding the Fed [3] - The 210 spread (difference between 2-year and 10-year Treasury yields) bounced back and steepened [3] - The D's contract (likely referring to a specific futures contract) initially reflected the two-year yield's movement but almost returned to unchanged [5]

Speaking of the weak dollar, my next guest has three names that should benefit from that. Or maybe it's the whole market as we were just discussing. Michael Caneritz is here.He's the chief investment strategist at Piper Sandler. It's great to see you. You too.What What is the the sort of top level effect of a dollar being down 10%. I mean, is it supportive for stocks. What happens if it continues. What happens if it doesn't.I I think it's positive. I mean, at least that's what I've we've observed through mo ...

RT Pio (@piovincenzo_)I'm not a real estate guru butif you're expecting serious rate cuts to happen in the next 12 monthsdoesn't it make sense to buy the house now, in a less competitive, higher interest rate environment?And then just refinance in 12-24 months? ...

🇺🇸 NEW: Treasury Secretary Scott Bessent says the Fed could cut interest rates by September, or sooner, if Trump’s tariffs continue showing little inflation impact. https://t.co/KbvReZ3Cqh ...

Fed chair Jay Powell said yesterday that President Trump's tariffs had lifted inflation forecasts and were keeping rates on hold. Joining us now for more on the Fed and the US economy, David Malpass, former World Bank president and now distinguished fellow of international finance and inaugural fellow of global business and infrastructure at Purdue's Business School. David, great to have you with us. Hi Melissa, good to be on. Um, where do you think rates would be had it not been for the tariffs? Would we b ...

Market Overview - In 2025, markets are experiencing high volatility, with NASDAQ and S&P 500 indices reaching all-time highs despite uncertain economic indicators [1][2] - Analysts anticipate clearer monetary and tariff policies in the second half of the year, along with solid earnings reports, particularly in the tech sector driven by AI [2] Company Insights - **CME Group**: - Operates the largest derivatives marketplace, benefiting from increased trading volumes in volatile markets [5] - Stock has risen over 40% in the last 12 months and over 18% in 2025, showing signs of recovery after a pullback [6][7] - **Goldman Sachs**: - A leading global investment bank that thrives in volatile markets, generating revenue from expanded bid-ask spreads and increased trading activity [9][10] - Stock is up 23.8% in 2025, with bullish momentum but potential for a short-term pullback [11] - **MarketAxess**: - Operates an electronic trading platform for corporate bonds, expected to benefit from increased trading volumes as credit market volatility rises [13][14] - Stock is down 1.5% in 2025 but has shown a 3.1% increase in the last three months, indicating a potential breakout [15][16]

New Zealand house prices rose for the first time in three months, adding to signs of a modest recovery as interest rates fall https://t.co/29Gp9aSolU ...

Market Overview - U.S. stock markets experienced a successful June, with the Dow, S&P 500, and Nasdaq Composite increasing by 4%, 5.7%, and 5.7% respectively, closing at record-high levels for the first half of 2025 [1] - Despite this success, the first half of 2025 marked the weakest performance for the indexes since 2022, with potential catalysts for the second half including a U.S.-China trade deal, anticipated interest rate cuts by the Fed, and reduced recession fears [2] Imaginary Portfolio - An imaginary diversified portfolio was created, consisting of five stocks that each gained over 50% in the first half of 2025, with further upside potential indicated by favorable Zacks Ranks [3][4] Company Highlights Jabil Inc. (JBL) - Jabil is benefiting from strong momentum in capital equipment, AI-powered data center infrastructure, and digital commerce, with a focus on product diversification [7] - Expected revenue and earnings growth rates for Jabil are 5.9% and 18.5% respectively for the next year, with a 9% improvement in the Zacks Consensus Estimate for next-year earnings over the last 30 days [9] Howmet Aerospace Inc. (HWM) - Howmet Aerospace is experiencing growth in the commercial aerospace market, supported by robust build rates and recovery in wide-body aircraft, along with strength in its defense aerospace business [10] - Expected revenue and earnings growth rates for Howmet are 8.5% and 29% respectively for the current year, with a 0.3% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [11] CVS Health Corp. (CVS) - CVS Health is investing in technology to reduce costs and enhance customer experience, with improved Medicare Advantage star ratings aiding its position [12] - Expected revenue and earnings growth rates for CVS are 3.5% and 12.6% respectively for the current year, with a 2.3% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [14] Carvana Co. (CVNA) - Carvana's acquisition of ADESA's U.S. operations has strengthened its logistics and auction capabilities, with expectations for year-over-year growth in retail unit sales [15][16] - Expected revenue and earnings growth rates for Carvana are 32.1% and over 100% respectively for the current year, with a 7.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [17] NRG Energy Inc. (NRG) - NRG Energy operates in the energy and home services sector, producing electricity from various sources and expanding operations through both organic and inorganic initiatives [18][19] - Expected revenue and earnings growth rates for NRG are 2.6% and 17% respectively for the current year, with a 2.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [20]