Recent data show President Trump's economy is slowing, less than two years after he campaigned for $1.5 trillion of federal-deficit-boosting tax cuts on a promise of faster long-term growth.
Private companies add a net 102,000 jobs in June, according to the payroll firm Automatic Data Processing. Economists had expected an increase of 140,000 jobs.
Following a wave of fee cuts by firms including TD Ameritrade, net issuance of ETFs surges to about $54 billion in June, on track for the highest monthly level since January 2018.
Despite a slowdown, U.S. manufacturers are still in expansion mode, and that may make it harder for the Federal Reserve to justify interest-rate cuts, Bank of America says in a new report.
Any surprises in key data could seal the deal for a rate cut at the Federal Reserve July 30-31 meeting.
Federal Reserve policy over the last decade has at times thrown off the traditional relationship between equities and Treasuries.
Despite stories of possibly higher tariffs on imports, the market sees little reaction.
A top Wells Fargo strategist breaks down the risk in holding 'risk free' treasuries right now.