With strong growth and employment, there are fewer reasons to worry
— Read on www.bloomberg.com/news/articles/2019-08-08/strategists-unfazed-as-47-billion-vaporized-from-canada-stocks
S&P 500 posts biggest daily gain in two months as rebound continues – Reuters
The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.
— Read on www.reuters.com/article/us-usa-stocks/sp-500-posts-biggest-daily-gain-in-two-months-as-rebound-continues-idUSKCN1UY1EV
European Banks Staring Down Barrel of ECB Rate Cut Seek Relief
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.After five years of negative interest rates, Europe’s lenders are grasping for straws.Top bankers used the release of dire earnings in recent weeks to lobby the European Central Bank to soften
— Read on ca.finance.yahoo.com/news/european-banks-staring-down-barrel-090937409.html
The ECB Is Dragging Us Deeper Into Madness
(Bloomberg Opinion) — The European Central Bank will doubtless cut its overnight deposit rate even deeper than the current -0.4% at its next meeting in September. That doesn’t mean it’s the right way to try to breathe life into the euro zone economy. It might just make things worse.By the time the ECB
— Read on ca.finance.yahoo.com/news/ecb-dragging-us-deeper-madness-060004274.html
Hedge-fund billionaire: Don’t miss out on this historic investment opportunity – MarketWatch
Ray Dalio is a bigtime China bull, even as the trade war intensifies.
— Read on www.marketwatch.com/story/hedge-fund-billionaire-dont-miss-out-on-this-historic-investment-opportunity-2019-08-07
10 Year Treasury Yields in the United States.
20-year mortgages hit zero for first time in Danish rate history – BNN Bloomberg
20-year mortgages hit zero for first time in Danish rate history – BNN Bloomberg
— Read on www.bnnbloomberg.ca/20-year-mortgages-hit-zero-for-first-time-in-danish-rate-history-1.1298311
PIMCO is ready to think about negative yields reaching the U.S. – BNN Bloomberg
PIMCO is ready to think about negative yields reaching the U.S. – BNN Bloomberg
— Read on www.bnnbloomberg.ca/pimco-is-ready-to-think-about-negative-yields-reaching-the-u-s-1.1298540
World economy edges closer to a recession as trade fears spread – BNN Bloomberg
World economy edges closer to a recession as trade fears spread – BNN Bloomberg
— Read on www.bnnbloomberg.ca/world-economy-edges-closer-to-a-recession-as-trade-fears-spread-1.1298222
Chinese economy: China releases July 2019 trade data, exports, imports
Beijing says U.S. dollar-denominated exports in July rose 3.3% from a year ago while imports fell 5.6% during the same period.
— Read on www.cnbc.com/2019/08/08/chinese-economy-china-releases-july-2019-trade-data-exports-and-imports.html