by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
Retail sales rose less than expected in February and saw downward revisions for January amid fears the US economy may be growing slower than Wall Street initially thought to start 2025. Headline retail sales rose 0.2% in February, less than the 0.6% increase...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
Canadian home sales in February dropped to the lowest level since November 2023 as the uncertainty of a trade war with the US kept buyers on the sidelines. Transactions fell 9.8% from a month earlier, according to data released Monday by the Canadian Real Estate...
by Bloomberg.com | Mar 17, 2025 | AlphaTack Intel
The UK government will abolish more business regulators and scale back welfare spending in a bid to kick-start its stagnant economy. Chancellor of the Exchequer Rachel Reeves is summoning eight of the UK’s main regulators, including the Financial Conduct Authority, to...
by Yahoo.com | Mar 17, 2025 | AlphaTack Intel
The S&P 500 (^GSPC) has entered correction, falling 10% from its February all-time highs as political uncertainty has driven fears over the market outlook. “There’s been a sentiment shift,” Citi US equity strategist Scott Chronert told Yahoo...
by Morgan Stanley | Mar 17, 2025 | AlphaTack Intel
With the S&P trading at the low end of our 1H range, a tradable rally is likely. Sentiment/positioning are lighter, seasonality is improving, and the DXY/10Y yield are down 6%/50bps over the last 2 months. This doesn’t mean growth risks are extinguished....
by Bloomberg.com | Mar 16, 2025 | AlphaTack Intel
The selloff that took the S&P 500 Index into a correction last week was notable for its relative calm. Now, as investors scour metrics of market sentiment and key price levels for hints of either a recovery or a further slide, they also need to watch a more...