November 2nd, 2023 The bulls are back? For now, they are, and they have the Bond Market Bulls, which is why we’re seeing so much momentum to the upside. Equity traders looking at the bond market are saying to themselves, ‘We have to get in now because maybe rates have peaked?’ Not sure about that. […]
IN THE OVERNIGHT 2 NOVEMBER
Pretty GREEN out there TOP STORIES OVERNIGHT Powell Hints Fed Is Done With Hikes in Pivot Cheered by Markets-BBG Federal Reserve Chair Jerome Powell hinted the US central bank may now be finished with the most aggressive tightening cycle in four decades after it held off on raising interest rates for a second consecutive policy meeting. “The question […]