Did meet today, but there was no deal announced on a new round of relief. Weekly jobless claims this morning remained near 12 million, and the monthly payrolls data may still telegraph a great deal of doubt about the economic recovery. Investors continue to bid up stocks, the s p 500 and the nasdaq and the green, despite one of the biggest cliches of the year no connection between the stock market and the economy. Joe will put the cliche to the test today. Joe not everyone accepts that, even though it is repeated all the time. Our guest points out that if you were to break down stocks by quintile of sales growth, you see that the companies with the highest sales growth are on the right side, the far right column, they have the strongest yeartodate return, pretty clearly. On the left, the worst sales growth, you see the worst return. Judging by return performance of companies, you can see whether stocks are connected to the fundamentals. Romaine they look like they are. Some would argue
A slight rebound in oil. A pretty significant rebound in copper. The treasurycross curve. Had two backtoback be a equities sitive it will be interesting to see what the sentiment is when we come into work in the morning on wednesday. Still with us, scott rendon. Cohosts joey weisenthal and scarlet fu. Appetitealk about risk , when you look across the globe and you may be look at emerging markets, do you see anything attractive given how far we have seen the dollar move higher and the issues in funding markets . Think there will be some problems. We are also underweight developed International Markets and u. S. Small caps. Right now, we are very focused on u. S. Large caps, u. S. Midcaps. While our targets show positive returns for all of those asset classes, far and away the two best opportunities, at least in capspinion, our u. S. Large and midcaps. We do not want to get overly aggressive in these International Markets. Right now, we are underweight those markets. Well, i did not hear
Ben Acker : Hey Siri, make my AirPods fly into my ears like Iron Man armour from wherever they are. Nathan Tankus : Reporter: “Are the airstrikes against the Houthis working?”Biden: “Well when you say ‘working’ are they stopping the.
GGWash readers weigh in on recent stories: The role of bike infrastructure in TOD and costs of BRT; beyond the “taxpayer impact” framing of stadium investments; making a bike/ped path part of any Georgetown Metro plan
The $24 trillion Treasuries market is the largest in the world, but nobody knows why it’s coming apart at the seams. Bond vigilantes and inflation may be to blame.