SPY News and Press, SPDR S&P 500 From 06/10/24

2024-06-10 15:10:00 ET Summary Over the last 15 years, both the size and duration profile of the Fed’s balance sheet have expanded meaningfully. The composition of the asset side of the Fed’s balance sheet offsets some of the intended tightening effects of higher pol...

2024-06-10 11:37:06 ET More on Nvidia Nvidia: Best Case Priced In Nvidia: A $5 Trillion Market Cap Is Within Reach Nvidia Stock: Don't Burn Your Hands Buying The Peak Nvidia slips even as Barclays ups estimates on sovereign AI opportunities Me...

2024-06-10 11:21:21 ET Summary The dot plot and press conference at this week's FOMC meeting are expected to deliver a hawkish message. Fewer rate cuts are expected, as supported by the bond market's predictions. The Fed may be forced to hike rates again later this year or nex...

2024-06-10 11:05:00 ET Summary Nonfarm payrolls rose 272,000 in May, rebounding sharply from April’s gain, with a gain that was well above the consensus forecast. The Fed funds futures market this morning is pricing in modest odds that the first rate cut will now arrive at ...

2024-06-10 10:47:59 ET Summary According to recent governmental reports, job creation is strong, and inflation is hovering at just north of three percent. However, in reality, inflation is higher than being reported and the jobs market is weaker.  In addition, the U.S. econom...

2024-06-10 10:00:00 ET Summary The employment report released last Friday offered contradictory views of the state of the economy. If we look at some of the other labor data available to us, like the JOLTS survey that was also released last week, a picture of a softening labor mar...

2024-06-10 09:30:00 ET Summary David Alton Clark advises investors to be diversified across structures, sectors, and asset classes to capture alpha in the market. He is bullish on T. Rowe Price and Duke Energy, dividend stocks with little risk. Interest rates, Fed cuts and lik...

2024-06-10 09:30:00 ET Summary It has been an interesting few weeks around the world. This ongoing noise is creating choppiness in our stock and bond markets. The latest jobs report for May showed that US job growth surged and wages accelerated. Nonfarm payrolls advanced 272,000 l...

2024-06-10 09:00:00 ET Summary REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by two years of rate-driven headwinds, the venue halls were as quiet as any REITweek. Excitement was muted after numerous "false starts" on the long-awaited F...

2024-06-10 07:25:00 ET Summary With mixed elements, the market took the US jobs data as relatively strong and took the dollar and US rates higher. The EU Parliament election has shaken up European politics, with the Belgium government collapsing and French President Macron calling...