Economy & Finance

Goldman Says Off-Price Retailers “Structurally Well-Positioned” To Benefit As Trade-Down Behavior Persists Building on Goldman analyst Scott Feiler’s note last week that consumer trends remain resilient despite ongoing K-shaped concerns, Brooke Roach, a Managing Director in Equity Research at Goldman covering the U.S. retail sector, published a consumer note on Tuesday analyzing recent store-traffic trends […]

Surveillance Footage Of ‘Armed Individual’ At Nancy Guthrie’s Home Released The FBI on Tuesday released surveillance footage from a Nest camera showing an armed person at the southern Arizona home of Nancy Guthrie, mother of network TV news anchor Savannah Guthrie.  The Pima County Sheriff’s Department shared photos of an “armed individual” in relation to the Nancy Guthrie

Indians Bought More Gold Than Stocks In January, Goldman Sees Pros Buying Long-Dated Calls The near-vertical surge in precious metals (arguably driven by speculative demand from China) came to a swift halt at the end of January, when silver suffered its biggest daily drop on record and gold plunged the most since 2013.  As Goldman’s

Foreign Demand In 3Y Auction Drops As Direct Bid Hits Record High It is refunding week, which means we get the usual staple of 3, 10 and 30Y auctions. And moments ago, the Treasury just concluded the first of three coupon sales when it sold $58BN in 3 Year paper in a very strong auction.

US No Longer Wants To Pursue Its Own Ukraine Peace Proposal, Kremlin Charges Authored by Dave DeCamp via AntiWar.com, Russian Foreign Minister Lavrov said in an interview published on Monday that the US no longer wants to implement a Ukraine peace deal that it previously proposed, the latest sign that there’s little chance the grinding war will

‘Off The Charts’: Retail Is Buying-The-Dip In Software Stocks Like Never Before Starting on Friday, we have seen a sudden reversal from panic-selling to panic-buying in tech stocks, which has lifted Nasdaq back above its 100DMA… The headline-grabbing culprit for much of the pain to the downside was Software stocks (IGV as an example of

DHS Shutdown Talks Stall As Democrats Reject GOP Offer, Thune Signals Stopgap May Be Needed With Republicans demanding election integrity, and Democrats demanding ICE reform, it looks like the Department of Homeland Security may shut down again on Friday after Democratic leaders rejected a White House-backed GOP counterproposal to keep the lights on – which may

Insurance Brokers Extend Monday’s Plunge On Fears AI Is Coming For Them Next The rolling AI disruption wave, which most recently crushed the software sector, slammed insurance brokers on Monday with losses extending on Tuesday, as most names in the space slumped following reports from Reinsurance News and others that OpenAI approved the first AI