Suddenly, everything is seeming pretty peachy. Financial markets appear to be stabilizing as investors digest news concerning the U.S.-China trade war and monetary policy across the globe.
Bond investors are still seeing some turbulence ahead as yields continue to bounce around their lows; the 10-year Treasury yield approached the 2% mark again yesterday.Read More ›
There are still major sectors of the U.S. economy that are actually holding up quite well.Read More ›
Stocks continue to recover from a distressing May on increasing dovishness from central bankers and signs of stimulus in China, but tariffs remain a mixed bag. United Technologies and Raytheon have agreed to a merger valued at roughly $90 billion that will create the second-largest U.S. defense-aerospace company after Boeing. Investors apparently aren’t thrilled with the prospect of the combined business as both companies faced notable losses yesterday.Read More ›