Market-implied expectations for inflation over the next 10 years are slipping closer to 2% amid renewed confidence that the Federal Reserve will manage to control price gains in the long run.
John Flood, a managing director at Goldman Sachs who works in its trading business, says there is a "new dynamic" in that the market will dislike extreme jobs data changes in either direction.
India’s stock market hit a fresh record high this week, propelling its value above $4 trillion for the first time and leaving it in a close battle with Hong Kong for fourth spot in the global ranking.
There isn't a compelling reason to choose between large-cap value and growth stocks in 2024 as high levels of uncertainties still linger, says DataTrek Research.