Posts by Karen Dodd

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  1. Stock prices and rate cuts

    Expect Interest Rate Cuts Q2, 2024.

    At the close of business on Friday, global equities rose as improved US inflation data reinforced the notion that the US Federal Reserve’s tightening cycle has ended. The yield on the US 10-year Treasury note declined 13 basis points from last Friday to 4.46% while the price of a barrel of West Texas Intermediate crude…

  2. Nasdaq building

    Tech-Heavy Nasdaq Surges

    At the close of business on Friday, with the exception of the tech-heavy Nasdaq, global equities were little changed on the week. The yield on the 10-year US Treasury note rose 8 basis points to 4.59% after $108 billion in Treasury auctions and cautionary words from US Federal Reserve Chair Jerome Powell. The price of…

  3. Words: Year End Rally on coloured graph

    Powerful Rally In All Sectors

    At the close of business on Friday, global equities were higher on the week as financial conditions loosened amid expectations that the US Federal Reserve has reached the end of its hiking cycle. From week-ago levels, the yield on the US 10-year Treasury note declined 36 basis points to 4.51%. The price of a barrel…

  4. Businessman's hand holding magnifying glass to market outlook

    Market is Shifting

    At the close of business on Friday, global equities were lower on the week amid mixed earnings news. The yield on the US 10-year Treasury note edged lower, to 4.87%, but not before posting a 16-year high of 5.01% on Monday. The price of a barrel of West Texas Intermediate crude oil fell to $84.75…

  5. 2 cogs with word Global Economy

    Global Economy Slowing: Inflation Falls

    At the close of business on Friday, global equities were lower on the week amid higher bond yields and unease over the potential widening of the war between Israel and Hamas. The yield on the US 10-year note flirted with 5% this week, reaching its highest level since 2006. The price of a barrel of…

  6. 2 Israeli soldiers walking together

    Israel/Hamas Conflict: Markets On Edge

    Global markets have remained calm despite the conflict potentially becoming a proxy war between the US and Iran. As of this writing, US equities were marginally lower than they were at last Friday’s close and bond yields have lost some of the early-week safe-haven bid after mixed US inflation data and a series of tepid…

  7. Egg teetering on edge of table

    The Tipping Point

    Global markets were higher on the week even as long-term interest rates continued to rise. For the week, the yield on the US 10-year Treasury note rose over 30 basis points, reaching 4.88%, its highest yield since 2007, shortly after the release of the latest US employment report. The price of a barrel of West…

  8. Calculator on desk with Inflation Report

    Inflation Cooling

    Global markets were down this past week as tightening financial conditions undermined stocks early in the week as interest rates, the US dollar, and commodities all rose. However, markets stabilized late in the week, buoyed by improved inflation readings in the United States and the euro zone. The yield on the US 10-year Treasury note…

  9. Businessman writing on glass board

    Looking Ahead to 2024

    At the close of business last Friday, global equities were lower on the week as the yield on the US 10-year Treasury note surged as high 4.5% on the week before drifting down to 4.47%. The price of a barrel of West Texas Intermediate crude oil added $0.50 to $90.50 while the price of a…

  10. Assorted currency and 2024 on calculator

    2024: Outlook Robust

    At the close of business last Friday, global equities gained this past week on hopes that central bank tightening cycles are nearing an end despite higher bond yields, a stronger dollar and firm oil. The yield on the US 10-year Treasury note rose nine basis points from last Friday to 4.34%, retesting the highest levels…

  11. Focus_on_the_long-term

    Interest Rates & the Economy

    At the close of business last Friday, global equities were lower on the week amid a rise in long-term interest rates and concerns that China may be targeting US technology companies in retaliation for US export bans. The yield on the US 10-year Treasury note reached 4.30% at midweek before easing to 4.25% on Friday….

  12. Thumb holding assorted Canadian dollar bills

    Interest Rate Hiking Cycle Possibly Over

    At the close of business last Friday, global equities were firmer on the week as US bond yields eased substantially in hopes the US Federal Reserve’s tightening cycle may have ended without the US economy falling into recession. The yield on the US 10-year Treasury note fell to 4.14% from 4.24% last Friday but traded…

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