The 3 trading themes to watch in the second half of 2024

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Madison Mills,Josh Schafer,Federal Reserve

As the first trading day of July kicks off, Josh Schafer joins Madison Mills and Brad Smith on the Morning Brief to break down three themes to watch during...

Investors are pricing in two interest rate cuts by the end of the year, despite the Federal Reserve indicating only one. The Fed's vision of a soft landing could become a hard one as jobless claims increase, revealing some volatility in the overall health of the economy.) and renewables sectors could be vulnerable if Republicans take the majority in the White House and both chambers of Congress. On the other hand, financials will pay a dividend of CA$0.47 on the 1st of August.

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A divergence in the stock market is now the biggest it’s ever been, signaling more vulnerability ahead, economist says The top 10 companies in the S&P 500 account for 35% of the index's market value but only 23% of its earnings, according to Apollo Global Management chief economist Torsten Sløk. -- The yield on China’s benchmark bonds fell to a record low as investors continued to snap up the notes amid pessimism about the domestic economy.Most Read from Bloomberg24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.

 

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