In terms of earnings, which became the language of the market since mid-October, investors in housing-related companies are positive. Shares of retail giants Home Depot (HD) and Lowe’s (LOW) are up 36% and 42% this year respectively and are trading at all time highs. The SPDR S&P Home builders (XHB) …
Read More »Market Drivers – U. S. Session 13-10-2021
Consumer Price Index data from the U. S. Labor Department and FOMC minutes represented the key market drivers on Wednesday. Inflation is still steering the both the U. S. economy and fiscal policy as prices continued their ascent in September. Social Security benefits will rise 5.9% in 2022, the highest …
Read More »The US Yields Near Five-Month Lows
The yield on the US 10-year Treasury fell to 1.33% in the third week of July, near levels not seen since February, amid concerns that the peak of the economic recovery has passed and growth slowing both in the US and abroad. Investors’ attention now turns to the Q2 earnings …
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