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Uncertainty lingers, even as consumer confidence rebounds

High-yield gains near 5% YTD, outperforming all sectors

High-yield gains near 5% YTD, outperforming all sectors
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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Opinion: Canada needs a national travel framework and health passes

Albertans this week got a dose of good news with a clear pathway to reopening based on science and targets. With this plan, and as vaccine rollout continues…

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Holiday sets in; meager calendar awaits

Holiday sets in; meager calendar awaits
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Need to Know: The customer is never wrong and will steer $2.2 trillion to these hospitality stocks, says Jefferies

By Barbara Kollmeyer Getty Images So Wall Street decided to stop fretting over inflation, backed up by equally soothing comments by some Federal Reserve officials. The gains look set to carry on Tuesday. One question investors may be asking right now is how much of the post-COVID-19 pandemic reopening play is priced into markets. For one hard-hit sector, the spending may have only just begun, says our call of the day from Jefferies. “Jefferies U.S. economics team estimates that households have accumulated U.S. $2.2 trillion in additional savings since the beginning of 2021 above and beyond what they would have saved assuming a 7.5% savings rate,” said a team led by global equity strategist Sean Darby, in a note on Tuesday.

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