Bears Can't Block Buyers Ahead of Fed Testimony

Bears Can't Block Buyers Ahead of Fed Testimony

Despite anxiety over a possible slowdown and rate-cut decision at the end of the month, bears don't follow-through on Tuesday as buying picks up.

None and Done? This Economist Doesn't Think the Fed Will Cut Rates - At All

None and Done? This Economist Doesn't Think the Fed Will Cut Rates - At All

Futures-market investors see it as an absolute certainty that the Federal Reserve will cut interest rates later this month. But a few bold economists, including Pantheon's Ian Shepherdson, say the conviction isn't warranted.

Monday Trading Bogged Down by Fed, Trade Fears

Monday Trading Bogged Down by Fed, Trade Fears

Not even dip-buying could save Monday as concerns lingered over a looming Fed rate decision following good jobs news and over reports in Chinese press of a lack of trade progress.

Bank of America, U.S. Lenders Could See Stocks Drop as Fed Cuts, Goldman Warns

Bank of America, U.S. Lenders Could See Stocks Drop as Fed Cuts, Goldman Warns

Futures-market investors see it as a near-certainty that the Federal Reserve will cut interest rates later this month, after raising them from 2015 through last year. But a new report from Goldman Sachs warns that shareholders in U.S. banks like JPMorgan may not have fully accounted for the risk of shrinking lending margins.

3 Reasons to Buy European Banks After Deutsche Bank's Announcement

3 Reasons to Buy European Banks After Deutsche Bank's Announcement

Look for Christine Lagarde to turn the ECB into a champion of fiscal stimulus.

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

President Donald Trump has repeatedly criticized his own Federal Reserve chair, Jerome Powell, for keeping U.S. interest rates too high, despite a projected slowing in the economy. Yet a Labor Department report Friday showed that U.S. jobs growth continued at a strong pace in June, prompting some economists to assert that drastic monetary stimulus isn't warranted.

Bulls Still Optimistic the Economy Is Weak Enough for Rate Cuts

Bulls Still Optimistic the Economy Is Weak Enough for Rate Cuts

It is an odd dynamic right now with the Fed being more important than the actual economy.

The Reaction to the Jobs Report Is More Important Than the Hard News

The Reaction to the Jobs Report Is More Important Than the Hard News

Next week I will be shorting stocks. A lot of them. I cannot wait.

Bank Stocks Rise as Strong Jobs Report Curbs Hopes for Steep Rate Cut By Fed

Bank Stocks Rise as Strong Jobs Report Curbs Hopes for Steep Rate Cut By Fed

A Labor Department report Friday showed the U.S. economy adding jobs at a faster-than-expected pace in June -- signaling to traders that the Federal Reserve might not need to cut interest rates sharply at a meeting later this month. Higher-than-expected interest rates could help banks' lending margins.

U.S. Jobs Growth Rebounded in June as Trump Economy Continues to Defy Old Age

U.S. Jobs Growth Rebounded in June as Trump Economy Continues to Defy Old Age

A report Friday from the Labor Department shows the U.S. economy added 224,000 jobs in June, following a disappointing increase of 75,000 in May. Economists had forecast a gain of 160,000 jobs.