U.S. Stock Futures Waver After Worst Start to Year in Decades

Wall Street Journal2022-07-01

U.S. stock futures drifted lower at the start of the second half of the year, with investors bracing for more volatility amid heightened inflation and expected interest-rate increases.Futures for the ...

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Comments

  • Mm101
    2022-07-02
    Mm101
    C
  • Bspn
    2022-07-02
    Bspn
    Ok
  • happymoney
    2022-07-02
    happymoney
    Us
  • PearlynCSY
    2022-07-02
    PearlynCSY
    Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession. The Atlanta Fed’s GDPNow gauge sees the second-quarter running at negative 2.1%. Coupled with the first-quarter’s decline of 1.6%, that would fit the technical definition of recession. “GDPNow has a strong track record, and the closer we get to July 28th’s release [of the initial Q2 GDP estimate] the more accurate it becomes,” wrote Nicholas Colas, co-founder of DataTrek Research. He further noted that U.S. Treasury yields have taken note of the slower growth prospects, falling significantly over the past two weeks. “Stocks have taken no comfort from the recent decline in yields because they see the same issue portrayed in the GDPNow data: a US economy that is rapidly cooling,” Colas added.
  • stormlee
    2022-07-02
    stormlee
    Pls like tq
  • SPOT_ON
    2022-07-02
    SPOT_ON
    Ok
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