Fed hawks say they want 75 basis point rate hike in July
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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RBC Comments on NYT Story of Manchin Not Supporting Climate Provisions
July 15, 2022 10:14 AM EDTRBC Comments on NYT Story of Manchin Not Supporting Climate Provisions.
RBC Capital analyst Shelby Tucker comments "Unconfirmed news from the New York Times reported that Democratic Senator Joe Manchin told party leaders that he would not be supporting an economic package that included $550 million in climate provisions. We view this news as a negative for companies with large un-regulated renewables businesses and yieldco's. Key names... More
