by Committee for a Responsible Federal Budget | Jan 15, 2025 | AlphaTack Intel
Representatives Ed Case (D-HI) and Steve Womack (R-AR) recently reintroduced the Sustainable Budget Act (H.R. 222), which would establish an 18-member bipartisan commission tasked with developing recommendations to reduce the deficit and address the nation’s fiscal...
by Bloomberg.com | Jan 13, 2025 | AlphaTack Intel
S&P 500 briefly falls below closing level before Trump’s win Rally in Treasury yields sends ripples through equities market It’s the round-trip ticket no one on Wall Street wanted. The S&P 500 Index on Monday briefly dropped below where it ended on Nov. 5,...
by Bloomberg.com | Jan 10, 2025 | AlphaTack Intel
Options trades were up some $138 million in early December Chinese stock indexes retreat into bear market on geopolitics Traders who briefly had been sitting on more than $100 million in paper profits after buying call options in early December on a pair of tiny...
by Bloomberg.com | Jan 10, 2025 | AlphaTack Intel
UK 10-, 30-year gilts headed for worst week in a year Investors remain worried about UK’s fiscal, inflation outlook A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late...
by Bloomberg.com | Jan 10, 2025 | AlphaTack Intel
Long-term inflation views rose to 3.3% in Michigan survey Preliminary January consumer sentiment index eased to 73.2 US consumers’ long-term inflation expectations jumped to the highest since 2008 on concerns about potential tariffs from the incoming Trump...
by Bloomberg.com | Jan 9, 2025 | AlphaTack Intel
Job cuts were up 5.5% last year versus 2023, Challenger says Market and economic conditions were top reason cited for cuts US companies pared back hiring plans in 2024 as employers announced the smallest additions to headcount in almost a decade, according to figures...