The latest PCE report probably cements the status quo. Investors expect the Fed to wait until September to cut interest rates for the first time this year.
Dave Grossman carries a “Costanza wallet,” and he says he’s reaped rewards aplenty as a result.
President Donald Trump said Thursday that a deal had been signed “yesterday” with China, but offered no details.
Risks for stocks seem to be fading as markets focus on rate cuts and tax cuts.
Troubled plane maker Boeing was given an upgrade by an analyst who said a turnaround effort will get the market to reassess the stock.