As the S&P 500 trades at new highs, historical data suggest the coming week could be brutal for the benchmark index.On Friday, the S&P 500 closed at 6,664, up about 0.5% for the day, extending a rally of more than 4% over the past month.S&P 500 one-month price chart. Source: Google Finance Looking ahead, two decades of data on the SPDR S&P 500 ETF Trust (SPY) show that the upcoming week has often produced negative results, according to insights from charting platform TrendSpider.Seasonality patterns point t ...

David Westin: This is "Wall Street Week." I'm David Westin, bringing you stories of capitalism. The Trump administration has stopped major funding for some university research and threatens more. We tell the tale of what that could mean for higher education and for the startup culture it supports. Plus, Argentina seemed to be heading in the right direction despite the pain. What does it need to achieve true economic health. And are the people willing to pay that price. And as President Trump paid a state vi ...

which takes us to our talk of the tape which is where are the opportunities with stocks at such lofty levels. Joining me here at Post 9 to discuss Vantage Rock's Avery Sheffield. Avery, thanks for joining us today.Um pleasure. So you think that both the economy and inflation are likely to run warm to hot. Yes.So does that suggest you think stocks can also go higher from here despite kind of these loftier valuations we're seeing. I think they certainly could. Um but I do think it creates a more opportunity f ...

A feud over the Fed. The Trump administration now turning to the nation's highest court, asking the Supreme Court to allow President Trump's firing of Federal Reserve Governor Lisa Cook. The emergency request comes after a Federal Appeals Court in Washington DC rejected the administration's bid to lift an order stopping President Trump from removing Cook from her position over accusations of mortgage fraud.In the meantime, the White House refuses u pardon me, continues to push for bigger rate cuts. Here's s ...

VONNIE: BLOOMBERG REAL YIELD STARTS RIGHT NOW. THE FEDERAL RESERVE CUTS RATES FOR THE FIRST TIME THIS YEAR TRIGGERING A JUMP IN BOND YIELDS ACROSS THE CURVE AS SOME INVESTORS EXPECTED A MORE DOVISH OUTLOOK. CREDIT SPREADS TIGHTEN EVEN FURTHER, NOW SITTING AT THE LOWEST LEVEL SINCE 1998.WE BEGIN WITH THE BIG ISSUE, THE FED MAKES ITS MOVE. >> THIS IS A FED THAT LOCKED ARMS. >> 25 BASIS POINTS WILL NOT SOLVE WHAT AILS THE ECONOMY.>> IT DOES NOT FORESHADOW WHAT WILL HAPPEN GOING FORWARD. >> THE FED HAS A SPLIT ...

Federal Reserve Governor Stephen Miran said Friday that he doesn't anticipate President Donald Trump's tariffs will have an inflationary effect on the U.S. economy."I'm clearly in the minority in not being concerned about inflation from tariffs," he said on CNBC's "Money Movers." "But that was also true in 2018-2019, and I think I probably could take a little victory lap about that.""There will always be relative price changes, but whether or not it's inflation that's macroeconomically significant of the ty ...

ONS chief economist Grant Fitzner said: “Although overall tax and National Insurance receipts were notably up on last year, these increases were outstripped by higher spending on public services, benefits and debt interest.”Meanwhile, departmental spending on goods and services was up £16.2bn to £189.8bn as pay rises and inflation increased running costs.Interest payable on central government debt has increased by £10.6bn to £49.9bn since April as a result of fluctuations in inflation-linked bonds.The Gover ...

Let's get Wall Street's reaction. Metife Investment Management Chief Market Strategist Drew Mattis. What What is What is your take on the Myron view and now presence at the Fed.>> Uh I think Myron has has made some great points and I I think you know if people were worried about the Fed independence factor, you know, after that interview I think it it tells you that maybe those are all over overstated. In fact, if you look at the dot plot, it tells you there's no voting block of of people who are kind of, y ...

New Federal Reserve governor Stephen Miran, who was nominated for his post by President Donald Trump last month, gave his views Friday in a TV interview. ...

It could take a week for Bitcoin traders to fully digest the impact of the Federal Reserve’s first interest rate cut in 9 months, according to Bitbank analyst Yuya Hasegawa. “With risk-on sentiment persisting after the FOMC, this improvement in technical sentiment is seen as an additional tailwind [for Bitcoin], putting a test of $120,000 within sight,” wrote the Tokyo-based analyst in a note shared with Decrypt. “Should BTC successfully break above $120,000, a full retracement may finally come into focus ...