Proprietary measures of risk and investor anxiety — alongside historical perspective — persuade the bank that euphoria surrounding the AI trade has not reached bubble proportions.
Financial markets are virtually evenly divided that the European Central Bank will lift interest rates once more next month after a statement issued Thursday that was perceived as being hawkish.
Wholesale costs in the U.S. jumped again in August, flogged by higher gasoline prices, in the first of two inflation reports that will dictate if the Federal Reserve raises interest rates next week.
While there’s a bear case to be made on copper if the AI trade blows up, if Trump eschews tariffs or if peace descends over the Persian Gulf, the long-term rationale for higher prices is solid, a listed copper producer executive says.
While nearly all observers anticipate a rate hike today, there is dissent among bond markets about the terminal rate for this tightening cycle from the ECB. Much depends on events in the Middle East and their impact on energy prices and inflation.
Years ago, comedian Tiffany Haddish received financial advice from an unexpected stranger, and now, she credits the life-changing words of wisdom as the reason she currently owns 17 properties.
President Trump’s speech at his party’s midterm convention in Dallas comes as many analysts expect losses for Republicans in November’s elections due to voters’ frustrations with high prices.
