30-Year Treasury Yield Drops To All-Time Low Of 1.89%

The 30-year Treasury yield plunged to a record low on Friday as the coronavirus outbreak intensified fears about slowing global economic growth and caused investors to crowd into bonds. A weak reading on the U.S. services economy also helped send yields lower. Make Money Fast Today The yield on the 30-year Treasury bond dropped about […]

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U.K. Inflation Accelerates to Its Fastest Pace in Six Months

U.K. inflation picked up for the first time in six months, boosted by the cost of energy, motor fuel and air fares. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said Wednesday. Core inflation picked up to 1.6%. The pound erased a […]

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Wall Street Slips After Jobs Report

◊ Stock Market News Jobs Report ◊ StockMarketNews.Today Wall Street pulled back from record levels on Friday, as investors assessed the U.S. employment report that showed jobs growth accelerated in January but included a downward revision to some previous numbers. Nonfarm payrolls increased by 225,000 jobs last month, the Labor Department’s data showed, much higher […]

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German Industry Output Suffers Biggest Slump Since 2009

Stock Market News — German industrial output registered its biggest drop in more than a decade in December, highlighting the weakness of the manufacturing sector that is dragging on overall growth in Europe‘s largest economy. Industrial production tumbled by 3.5% on the month, undershooting expectations for a 0.2% fall, figures released by the Statistics Office […]

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Trading News: 3 Things Under the Radar This Week

Trading News — There’s an ominous technical indicator hovering over the U.S. dollar, which could mean a move away from the greenback. But don’t go looking for value in bitcoin, according to one fund manager speaking at the World Economic Forum in Davos, Switzerland this week. Meanwhile, as lower interest rates have been a boon […]

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Moody’s Cuts Hong Kong Rating

♦ Today’s Stock Market News – Tuesday, 21 January, 2020 ♦ ◊ Stock Market News Today – Tuesday, 21 January, 2020 ◊ StockMarketNews.Today — Moody’s has cut Hong Kong’s credit rating, saying the government’s “slow” and ineffective response to months of protests has prompted it to reassess the Chinese territory’s institutional strengths and governance. Hong […]

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China’s Currency Extends 2020 Rally

♦ Chinese Currency News ♦ StockMarketNews.Today — China’s currency has gained further momentum — wiping out the heavy losses it took over the summer — amid cooling tensions between Beijing and Washington. The renminbi rallied as much as 0.5 per cent against the US dollar, crossing the Rmb6.9 mark for the first time since August […]

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U.S. Job Growth Slows – Unemployment Rate Steady At 3.5%

Stock Market News — U.S. job growth slowed more than expected in December, but the pace of hiring remains more than enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes. The Labor Department’s closely watched monthly employment report on Friday also […]

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U.S. Adds 202,000 Private Sector Jobs in December

StockMarketNews.Today — U.S. private employers added a far larger-than-forecast 202,000 jobs in December, according to a report by payrolls processor ADP on Wednesday. Economists had expected the report to show a gain of 160,000 jobs. November’s figure was revised to 124,000 from the 67,000 initially reported. “As 2019 came to a close, we saw expanded […]

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China’s Had Another Record Year Of Corporate Bond Defaults

StockMarketNews.Today — A decade ago, defaults almost never happened, but that wasn’t because companies in China were always healthy. It was a reflection of the tightly controlled financial system, where companies were often linked to the government and bonds were largely bought by state-owned lenders. Authorities have often stepped in to ensure that financially troubled […]

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Fed Holds Rates Steady

⇑⇓ Today’s Stock Market Quotes ⇓⇑ The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year’s presidential election. The decision by the U.S. central bank‘s rate-setting committee left the benchmark overnight lending rate in […]

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U.S. Consumer Inflation Expectations Rebound From Five-Year Low

⇑⇓ Today’s Stock Market Quotes ⇓⇑ U.S. consumers’ inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York Federal Reserve survey, potentially offering relief to policymakers worried about sagging inflation. The median outlook for what inflation will be over the next three years rose […]

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Solid Economic Data

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Investors pushed up the value of risk assets on the assumption that the American economy isn’t close to signaling a recession. Stocks rallied as strong jobs and consumer sentiment reports bolstered confidence in the world’s largest economy. Treasuries fell. The S&P 500 extended gains into a third day after data showed […]

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Stocks Fall on Manufacturing Report

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Monday’s moves were a step back for stocks after they closed out their best month since June. The market has climbed to fresh highs in recent weeks, buoyed by data showing the U.S. service sector on solid footing. But lingering uncertainty over trade policy and signs of weakening in the industrial […]

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Disappointing Retail Earnings

◊ Today’s Stock Market Quotes ◊ U.S. stocks eased off their record pace Tuesday after a round of weak earnings reports from retailers. The Dow Jones industrial Average fell 0.1% to 28013. The S&P 500 dropped less than 0.1%, and the Nasdaq Composite gained 0.1%. All three indexes closed at record levels Monday. U.S. stocks […]

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U.S. Retail Sales Rebound

U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season. The Commerce Department said on Friday retail sales increased 0.3% last month, lifted by motor vehicle purchases and higher gasoline prices, reversing September’s unrevised 0.3% drop, which […]

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Strong Economy??? … Why Are So Many Workers on Strike?

How strong is the us economy today?… Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in Chicago, are striking to win better wages and benefits. But, according to those on strike, the strong growth is precisely the point. Autoworkers, teachers […]

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China’s Imports And Exports Fell More Than Expected

China’s import and export data for September came in worse than expected. In U.S. dollar terms, China’s exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, according to Reuters. Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and […]

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China’s Economic Slowdown

China’s economy keeps flashing warning signs that it is losing steam—but, unlike past episodes, Beijing isn’t likely to stoke the fires to boost growth. The world’s second-largest economy, battered by a trade war with the U.S., is experiencing a slowdown that is more broad-based than any it has faced since the global financial crisis. This […]

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Federal Deficit For 2019 is Estimated at $984 Billion

StockMarketNews.Today — The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. ⇓⇑ Stock Market Simulator ⇓⇑ The difference between federal spending and revenue has only ever exceeded $1 trillion four times, […]

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U.S. Economy: The Economic Slowdown Will Only Get Worse

◊ StockMarketNews.Today — The U.S. economy got off to a rough start this month, with various data pointing at a slowdown. Now economists are saying this trend will only get worse. How to Buy and Sell Volatility Index VIX The National Association for Business Economics said in a survey released Monday that US GDP growth […]

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Dow Jumps 250 Points After Steady Jobs Report

® StockMarketNews.Today ® — U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession. September jobs numbers are likely to keep open the prospect that the […]

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U.S. Futures Down Ahead of Payrolls

◊ StockMarketNews.Today — U.S. stocks were indicated to open lower Friday, as the market braced for a downbeat monthly employment report from the Bureau of Labor Statistics. Hiring in the U.S. economy is expected to have increased by a net 140,000 in September, up from 130,000 in August but still running at a clip well […]

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29% of Americans are Considered {Lower Class}

♦ StockMarketNews.Today — American Lower Class ♦ Nearly one-third of American households, 29%, live in “lower class” households, the Pew Research Center finds in a 2018 report. The median income of that group was $25,624 in 2016. Pew defines the lower class as adults whose annual household income is less than two-thirds the national median. […]

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Tokyo Inflation Slows To 16-Month Low

◊ Tokyo Inflation – StockMarketNews.Today ◊ A leading indicator of Japan’s core consumer inflation slowed for a second straight month to its lowest rate in more than a year, underscoring the challenge for the central bank in hitting its 2% price target. Government data released on Friday showed core consumer prices in Tokyo, a leading […]

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Australia’s Jobless Rate Unexpectedly Climbed

♦ Australian Unemployment ♦ Australia’s jobless rate unexpectedly climbed in August as the labor force swelled to a fresh record, signaling additional labor-market slack that sets the scene for further easing by the central bank. Unemployment climbed to 5.3%, the highest level in a year, and above the 5.2% forecast by economists, data from the […]

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Uk House Prices: British House Prices Rose in August

British house prices rose in August at the fastest annual pace in three months, mortgage lender Nationwide said on Friday, adding to tentative signs the housing market has picked up from its recent pre-Brexit slowdown. Start Trading Now or Try a FREE Demo Account. House prices rose 0.6% year-on-year after a 0.3% rise in July, Nationwide said. […]

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Trump Orders U.S. Businesses to Find Alternative to China

{ Trade War and Tariffs – Stock Market News } … President Trump said U.S. companies were “hereby ordered” to start looking for alternatives to doing business in China after Beijing said it would impose tariffs on $75 billion worth of additional U.S. products. “Our Country has lost, stupidly, Trillions of Dollars with China over many years,” Mr. […]

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Italy’s Government Collapsed

{ Italy Government Crisis – Stock Market News } … Italy’s government collapsed, plunging the economically fragile country into deeper political turmoil, and triggering a scramble to form a new governing coalition to keep the increasingly popular far-right out of power. Prime Minister Giuseppe Conte announced his resignation in a speech to the Senate on Tuesday, blaming […]

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U.S. Mortgage Debt Hits Record

◊ U.S. Mortgage Debt 2019 ◊ Start Trading Now or Try a FREE Demo Account ◊ Business & Financial News – Stock Market News Today ◊ — U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded. Mortgage balances rose by $162 billion in the second quarter to $9.406 […]

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German Economic Sentiment Tumbles To Lowest Level Since 2011

• German Economy – Stock Market News Today • Start Trading Now or Try a FREE Demo Account Expectations for the German economy have slumped to their lowest level since the eurozone debt crisis eight years ago amid deepening concerns over the US-China trade dispute and the potential for a chaotic UK exit from the EU. The […]

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China’s Exports Unexpectedly Rise in July

◊ China Exports 2019 – Stock Market News Today ◊ The Asian economic giant said its U.S. dollar-denominated exports in July rose 3.3% from a year ago while imports fell 5.6% during the same period. The country’s overall trade surplus last month was $45.06 billion, according to customs data. China’s trade surplus with the U.S. […]

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German Output Figures Propel Recession Fears

◊ Germany Recession 2019 — Stock Market News Today ◊ … German industrial output fell more than expected in June, Industrial output dropped by 1.5% on the month – a far steeper decline than the 0.4% fall that had been forecast, figures released by the Statistics Office showed on Wednesday. “The continued plunge in production […]

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Easy Loans: Consumer-Lending Boom Sparks Fears Of Recession

◊ Easy Loans ◊ < StockMarketNews.Today > …  More ordinary Russians have come to depend on easy loans to purchase goods, maintain a certain living standard or simply to survive… As real disposable income for Russians continues to fall—it declined each year between 2013 and 2018—personal consumer lending has exploded, topping around $130 billion last year, up […]

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Economic Growth Slowed In Second Quarter

U.S. economy slowed but still grew at a solid clip in the second quarter, gross domestic product, a broad measure of goods and services produced across the economy, rose at a 2.1% annual rate in the second quarter, adjusted for seasonality and inflation, down sharply from a 3.1% pace in the first quarter, the Commerce […]

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U.S. Housing Starts Fall… Permits Hit Two-Year Low

StockMarketNews.Today — U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle despite lower mortgage rates. Housing starts decreased 0.9% to a seasonally adjusted annual rate of 1.253 million units last month as a rebound in the construction of single-family housing units […]

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Australian Economy Stuck In Sub-Par Growth

Australia may be destined for another two years of sub-par economic growth as debt-laden households keep their wallets shut tight, though analysts are hopeful lower interest rates and tax handouts would help it dodge a recession. Economists polled by Reuters forecast Australia’s A$1.9 trillion ($1.3 trillion) of annual gross domestic product (GDP) would expand 2.1% […]

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German Efficiency Has Taken A Hit This Year…

In the past week, Deutsche Bank AG abandoned its global ambitions and initiated layoffs, the chief executive of BMW AG said he would step down and sharp profit warnings from Daimler AG and BASF SE rattled markets. That news followed the continuing legal woes facing Bayer AG for its acquisition of Monsanto, the maker of […]

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Investors Eye Jobs Report For Signs Of Wavering Economy…

Hiring has downshifted in recent months, raising concerns of a slowdown after a decade of growth. The unemployment rate has dipped to a 50-year low and weaker payroll growth could be a sign there are fewer workers to hire. The latest batch of employment data, expected Friday at 8:30 a.m. ET, will help sort out […]

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New Orders For U.S.-Made Goods Fell For A Second Straight Month May

U.S. factory orders fall for second straight month… New orders for U.S.-made goods fell for a second straight month May while shipments barely rose, pointing to continued weakness in manufacturing. Factory goods orders decreased 0.7%, weighed down by weak demand for transportation equipment, the Commerce Department said on Wednesday. Data for April was revised sharply […]

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…Big Banks… Annual Stress Test: Year’s Recession Scenario Included A Jump To 10 Percent Unemployment And Falling Real Estate Prices

The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major economic downturn. Finally! How To Become […]

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A Fresh Scramble For U.S. Government Debt Has Driven The Benchmark 10-Year Yield Back Below 2%

Yields that have hit multiyear lows reflect the difficulties central bankers face in normalizing monetary policy after a decade of unusually easy money. Many investors, economists and policy makers had assumed that the Trump administration’s tax cuts and looser regulation would spur stronger growth and higher inflation and, in turn, higher interest rates. The opposite […]

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Japan’s Coincident Index Suggests Economy May Be In Recession

Japan‘s coincident indicator index declined in March and the government cut its assessment of the economy, a sign it may already be in recession as the U.S.-China trade war and weak external demand hurt activity. Worries about the economy have grown as Japan’s exports and factory output were hit by China’s economic slowdown and the […]

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Why Wages Are Finally Rising 10 Years After The Recession

STOCK MARKET NEWS TODAY — For years it was the central question in an otherwise impressive recovery by the American job market: Why aren’t wages rising faster?… Unemployment was low. Hiring was strong. Corporate executives were complaining that they could not find people to fill all of the available jobs. Yet workers’ paychecks were growing only […]

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New orders for U.S.-made goods fell modestly in February

Factory Goods Orders Dropped | BY LEANDRO SANNA | STOCK MARKET NEWS TODAY | Factory goods orders dropped 0.5 percent, the Commerce Department said on Monday, pulled down by weak orders for machinery, transportation equipment and computers and electronic products. Data for January was revised down to show factory orders unchanged instead of edging up 0.1 percent […]

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The U.S. Economy Created More Jobs Than Expected In March

U.S. Economy Created More Jobs Than Expected In March | BY AIDANA IBRAGIMOVA | STOCK MARKET NEWS TODAY | Nonfarm payrolls (NFP) rose by 196,000 in March, above consensus expectations for 175,000, while the jobless rate held steady as expected at 3.8%… March’s job creation restored confidence in the state of the labor market after February’s weak […]

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U.S. Retail Sales Unexpectedly Fell In February

U.S. Retail Sales .BY ERIK SANNA. STOCK MARKET NEWS TODAY. U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades. – START MAKING MONEY TODAY! –  The weak report from the Commerce Department on Monday […]

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The U.S. Trade Deficit Dropped More Than Expected In January

< U.S. Trade Deficit > The Commerce Department said on Wednesday the trade deficit declined 14.6 percent, the largest decline since March 2018, to $51.1 billion also as softening domestic demand and lower oil prices curbed the import bill. Data for December was revised slightly down to show the trade gap widening to $59.9 billion […]

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U.S. Homebuilding Fell More Than Expected In February

Economic Indicators – U.S. Homebuilding U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to near a two-year low, concerns over the economy were also underscored by other data on Tuesday showing consumer confidence ebbing in March, with households a bit pessimistic about the labor market. The economy is facing […]

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China Will Reduce Direct Government Intervention In Its Vast Industrial Sector

The government’s pledge to reduce its influence over operational matters in China’s manufacturing sector follows an apparent toning down of its high-tech industrial push, which has long annoyed the United States. “We will gradually reduce the government’s micro-management and direct intervention, in order to allow the market to effectively decide resource allocation and support the […]

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The Biggest Recession Sign Since Before The Financial Crisis…

The spread, or yield curve, between the 3-month and 10-year Treasury notes just broke the longest streak ever of being above 10 basis points, or 0.1 percentage point. The two maturities were last below that level in September 2007, a run of 3,009 trading days, according to Bespoke Investment Group. In Thursday afternoon trading, the […]

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China Industrial Output Growth Falls To 17-Year Low

Growth in China’s industrial output fell to a 17-year low, in the first two months of the year, pointing to further weakness in the world’s second-biggest economy… But investment picked up speed as the government fast-tracked more road and rail projects, offering some relief for policymakers as they work to avert a sharper slowdown, data showed on Thursday.

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Hiring Slumps, Though Broad Picture Suggests Expansion Will Continue…

The breakneck pace of hiring slumped in February, a sign that U.S. growth is cooling, though strong wage growth and earlier robust job gains suggest the economy’s near decadelong expansion will endure. U.S. nonfarm payrolls rose a seasonally adjusted 20,000 in February, the Labor Department said Friday, marking the slowest pace for job growth since September 2017—when hurricanes skewed hiring patterns—and falling well below economists’ expectations for 180,000 new jobs.

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European Central Bank Reverses Course With New Stimulus Measures

The European Central Bank signaled a major policy reversal Thursday, flagging plans for fresh measures to stimulate the eurozone’s faltering economy less than three months after phasing out a €2.6 trillion ($2.9 trillion) bond-buying program, making it the first rich-country central bank to ease policy in response to a global slowdown.

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China’s Economy Is In “Long-Term Decline” And Growth From 2020 Will Be Increasingly Dependent On Foreign Capital, According To Morgan Stanley

China will likely become more reliant on foreign capital as the country looks set to enter into years of shortfall in its current account, Morgan Stanley predicted in a report. “The economy’s current account is in long-term decline and the future growth of the economy will be increasingly dependent on foreign capital,” said the investment bank in a report on Tuesday.

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The Government Shutdown Cost The Economy $11 Billion

The federal government shutdown cost the economy $11 billion, according to a new analysis from the nonpartisan Congressional Budget Office.
Although most of the damage to the economy will be reversed as the government re-opens and workers return to their jobs, the CBO estimated $3 billion in economic activity is permanently lost.

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