It may not be obvious amid the screaming headlines -- about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. -- but U.S. stocks continue their low-volatility, bull-market grind higher.
Junk bonds are much cheaper than they were at the start of the year, but at least one major asset manager says she’s getting out because prices are still too rich.
The mayhem in industrial metals is creating waves across $1.4 billion of exchange-traded products tracking the sector.
Aside from the whippy action in the yuan that afflicted markets last night, it was a relatively quiet session for stock futures right up until Trump’s comment that he was "ready to go" with import tariffs on $500 billion of Chinese goods was aired on TV -- this hit S&P e-minis to the tune of ~12 handles and we’re now poised to open right at the key 2,800 mark.
An exchange-traded fund tracking master-limited partnership stocks saw an explosion of activity after after energy regulators released an order late Wednesday granting a “lifeline” to MLPs in the form of a tax allowance.
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