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Yesterday's hot CPI could be the start of a pullback - Sevens Report
February 14, 2024 12:00 PM ESTIn its latest note Wednesday, Sevens Research Report addressed the key questions following the January CPI data, stating it wouldn't be surprising if it represented the start of a pullback.
With stocks dropping sharply following the "hot" data, Sevens said yesterday's CPI didn't really change the conversation on disinflation.
"Instead, it just... More
The USD will remain strong as long as the Fed signals its 'new paradigm' - Macquarie
February 14, 2024 9:24 AM ESTMacquarie analyst Thierry Wizman said in a note Wednesday that recent comments from Federal Reserve officials suggest the Fed has been thinking about a "new paradigm".
The firm, which noted the comments come alongside strong US growth and higher inflation prints, said the Fed has been considering the... More
Wells Fargo says history suggests at least a 5% drop in S&P 500
February 14, 2024 7:41 AM ESTHistory suggests there will be at least a 5% slide in the S&P 500, according to Wells Fargo in a note Wednesday.
While not providing further details on the claim, the bank's equity analyst Christopher Harvey said in his brief note that an equity sell-off was sighted yesterday, and the... More
