Tapering

Thursday morning, markets received a large flood of economic data from the U.S. that was largely in line with expectations. Jobless claims fell from last week while spending and incomes rose in May. Jobless Claims Drop Initial jobless claims for the week ended June 21 fell to 346 thousand from an...

Futures Tick Higher On Better Eurozone Confidence Data U.S. equity futures rose marginally in early pre-market trade following better than expected confidence data in the eurozone and a strong day Wednesday on the "tapering of the tapering" trade as investors fear tapering is further off given...

The U.S. economy expanded at a much slower rate than previously thought in the first quarter, the latest and final revision to the report showed Wednesday. The economy expanded at a mere 1.8 percent in the first quarter, below the previous estimate of 2.4 percent which was expected to remain...

Minneapolis Fed President Naryana Kocherlakota issued a statement unexpectedly Monday, announcing his views that recent Fed communications have not been clear enough. He fully supports continued easing and argued that the FOMC has not done enough to quell rate hike fears. Asset Purchases...

From private sector forecasts to the IMF, the Fed sees a rosier economy than most which could mean that tapering fears are overdone and that stimulative policies are going nowhere anytime soon. Markets have plunged in the face of the Federal Reserve's latest statement, in which the Federal Open...

A note from the equity strategy team at Credit Suisse this morning previewing the Fed decision this afternoon shockingly played down worries of the Fed tapering purchases and instead highlighted that China slowdown fears are well under-appreciated by the market. They are also less concerned with...

Stocks closed lower in the United States on Tuesday for the first time in an astounding 20 weeks. The drop in stocks broke the S&P 500's longest Tuesday winning streak since 1971 and the Dow Jones Industrial Average's and NASDAQ's longest such streaks on record. The S&P 500 closed lower by...