The recent bullish momentum that has propelled U.S stocks to record territory is fading, and “seasonal” weakness in March could push major stock indexes into one of their worst stretches of the year, according to Jonathan Krinsky, chief market technician at BTIG.
Despite both giving the 49ers better odds to win, one sportsbook made millions while another lost millions.
It’s taken months to sink in, but traders are finally coming around to the once-unthinkable scenario of possibly no rate cuts in 2024 and even considering the idea of another hike by the U.S. central bank.
A former top policymaker for the Federal Reserve has raised new concerns for investors to consider, starting with the possibility that interest rates are still not high enough to restrict U.S. economic growth.