Bond rally only feasible if equities crash, according to Barclays
10/05/2023 22:50Barclays analysts do not foresee a coming rally for the bond market, that is unless equities crash. Yahoo Finance's Josh Schafer breaks down the analyst note — from a team led by Barclays Global Chairman of Research Ajay Rajadhyaksha — and what could push investors to bonds in case of a gloomy stock market scenario, pointing to economic and jobs data's impact on Treasury yields. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The Wall Street Journal
Modelo Continues to Win Over Bud Light Drinkers
Modelo’s star is rising. Sales of Constellation Brands ’ Modelo Especial beer, which surpassed Bud Light earlier this year as America’s top brew, continue to accelerate, the company’s chief executive said. “The good news is, there’s just so much opportunity still to go,” CEO Bill Newlands said in an interview Thursday.
Benzinga
Asia Markets Recover, Eurozone Trades Mixed, Crude Breaches $85 - Global Markets Today While US Was Sleeping
On Wednesday, October 4, the U.S. stock markets ended higher, led by tech-focused Nasdaq Composite, influenced by the September private payrolls data rising below expectations. Private payrolls increased by 89,000 in September, significantly falling short of the anticipated 153,000 and down from 180,000 in August, as per the ADP and Moody’s Analytics report. Data indicating a 32-month low in private job growth alleviated concerns of another Federal Reserve rate hike this year, pausing the rise i
TipRanks
‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
The markets have the tendency to overdramatize, and events are often blown out of proportion. With the stock market having experienced a pullback since the mid-summer peaks, there have been fears the bull market seen for most of the year is about to go up in smoke. But that is not the case at all,” argues Matt Orton, Chief Market Strategist at Raymond James. Throughout the year, the markets have been “pushing back” against the Fed’s narrative that interest rates will need to stay elevated for an
Benzinga
Economy Is 'Definitely Weakening': Bill Ackman Warns Of A 'Big Threat' For Certain Americans. Here Are His Top 3 Holdings
Following the Federal Reserve's 11 interest rate hikes, many experts have expressed concerns about the impact of higher rates on the American economy. According to Bill Ackman, CEO of Pershing Square Capital Management, the economy is starting to slow. "I think the level of real interest rates is high enough to slow things down, you know, high mortgage rates, high car rates, high credit card rates, they're starting to really have an impact on the economy," he said in a recent CNBC interview. "Th