Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cuts
Plus: what’s the point of stablecoins?
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures
Economic uncertainty and frothy valuations jar with investor optimism
Valuations might be frothy but don’t seem nutty
World’s biggest game of Jenga
And consumer credit
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings rebound
Threat of rising costs brings post-pandemic rally to a halt
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’
Investor excitement over AI helps Big Tech once again drive gains in blue-chip S&P 500
Traders take profits following big rise in equities this year
Shift into passive strategies and ETFs has accelerated as performance of pricier mutual funds lags behind benchmarks
Citigroup warns of looming tumult at end of strong year for equities
Inclusion in S&P 500 index and growth in operations drove share prices at Blackstone, KKR and Apollo to record highs
Sharp deviations have appeared in expected returns of two leveraged funds amid surge in bets
Lower than expected inflation figures help S&P 500 claw back some of its losses
Wall Street stocks steady after heaviest sell-off since August
JPow leaves a lump of coal for the degens
Investor attention is likely to spread next to companies using AI technology
Investor attention is likely to spread to companies actually using the technology
The US dominates at FT Money’s annual investment panel — much to some participants’ annoyance
Plus credit spreads, and more on department stores
Not all bears hibernate
