Trump, Wall Street and stocks
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Wall Street, Treasury and US debt
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Wall Street’s quiet corner is making noise again. While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.
15hon MSN
"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert Edwards wrote Thursday.
The Cboe Volatility Index, known as the VIX, or Wall Street's "fear gauge," shot higher on Friday after President Trump took to Truth Social to unveil his latest tariff threats. In a series of posts,
Third Point's Dan Loeb is swapping out one of Wall Street's most influential businesses for another innovative leader.
Government bonds aren't the "shock absorbers" investors can rely on in times of volatility, KKR said, while Jamie Dimon this week warned of dangers in credit.
U.S. stocks finished near the unchanged mark on Monday with market sentiment weakened by the downgrade of the federal government's perfect sovereign credit rating owing to its huge debt profile.
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U.S. markets edged lower in trading before the opening bell as the last few major companies report earnings amid a dearth of market-moving news.