[Tree] Vanguard, US economy, high-quality credit, corporate debt, high-yield bonds, Federal Reserve, interest rates, economic downturn, borrowing costs, investment-grade bonds, credit spreads, monetary policy, Morningstar DBRS, stock markets, market volatility, weaker companies, consumer spending, macroeconomic outlook

Version 0.59 (2024-08-08 17:12:37.233000)

updates: Morningstar DBRS's view on the impact of stock market turmoil on credit quality

Version 0.58 (2024-07-19 14:58:46.589000)

updates: Updated investment strategy and concerns about economic downturn

Version 0.57 (2024-07-19 01:03:03.243000)

updates: Updated information on the Federal Reserve's interest rate policy

Version 0.56 (2024-07-18 19:57:51.110000)

updates: Updated forecasts and expectations for financial markets and central banks

Version 0.55 (2024-06-26 17:56:26.977000)

updates: Updated information on US economic growth, inflation, and Fed rate cuts

Version 0.54 (2024-06-14 17:58:50.486000)

updates: Added information about labor market trends for young, lower-income workers

Version 0.53 (2024-05-31 19:53:40.593000)

updates: Updated with Vanguard's latest research on AI and financial market outlook

Version 0.52 (2024-04-23 04:23:24.887000)

updates: Vanguard executive recommends increasing inflation protection in investment portfolios

Version 0.51 (2024-04-22 21:19:19.112000)

updates: Vanguard's recommendation for increasing inflation protection in investment portfolios

Version 0.5 (2024-04-22 21:18:24.031000)

updates: Vanguard's base scenario predicts 'deferred landing' for US economy

Version 0.49 (2024-04-22 16:22:18.153000)

updates: Contrasting views on Fed policy and potential risks

Version 0.48 (2024-03-20 21:17:18.475000)

updates: Integration of additional information from GuruFocus.com

Version 0.47 (2024-03-20 07:19:08.928000)

updates: Vanguard revises its interest rate forecast for the US economy

Version 0.46 (2024-03-14 11:16:56.517000)

updates: Wall Street economists revise forecasts for US economic growth

Version 0.45 (2024-03-13 09:17:09.550000)

updates: Revised economic growth forecasts and labor market strength

Version 0.44 (2024-02-28 15:26:32.119000)

updates: The story now includes information about the slight downturn in early trading on Wall Street and the anticipation of the second estimate of the U.S. GDP growth rate for Q4 2023. It also mentions the potential impact of the GDP revision on the Federal Reserve's plans for interest-rate cuts.

Version 0.43 (2024-02-28 12:17:28.475000)

updates: Includes information about the release of key GDP data, retail and wholesale inventories, the US trade balance in goods, and scheduled comments from three regional Fed presidents. Mentions the performance of specific companies such as Salesforce, Snowflake, Monster Beverage, Beyond Meat, eBay, and Ambarella. Provides details about the closing results of the US stock market on February 27, 2024. Mentions the focus on PCE price index data and the mixed showings of the fourth-quarter corporate earnings season. Adds information about the personal consumption expenditures (PCE) price index and its expected rise in January. Mentions the decline of megacap stocks in premarket trading, including Nvidia and Applied Materials. Highlights the surge of Beyond Meat and the positive quarterly results of eBay and First Solar. Mentions the disappointing revenue forecast of Bumble. Includes the rise of cryptocurrency firms Coinbase Global, Marathon Digital, and Riot Platforms as bitcoin surges.

Version 0.42 (2024-02-28 11:28:24.685000)

updates: Updates on US stock futures and GDP data

Version 0.41 (2024-02-28 11:19:31.584000)

updates: Inclusion of information about US stock futures inching lower ahead of inflation reading

Version 0.4 (2024-02-28 03:20:47.874000)

updates: Updates on US stock market closing, key economic data, and company news

Version 0.39 (2024-02-28 01:27:48.573000)

updates: US stock futures fell slightly in evening deals on Tuesday following a middling session on Wall Street. Fourth-quarter earnings continued to trickle in, as the season wound to a close. Beyond Meat Inc surged 76% in aftermarket trade after clocking better-than-expected quarterly earnings, and also forecasting stronger margins. E-commerce site eBay Inc rose 4% on stronger-than-expected earnings, while Ambarella Inc rose 12% on a smaller-than-expected loss.

Version 0.38 (2024-02-27 20:16:52.311000)

updates: US stocks were in a holding pattern on Tuesday after a pullback from all-time highs, with retail earnings on tap to occupy investors counting down to a crucial inflation report. The Dow Jones Industrial Average fell about 0.5%, while the S&P 500 slipped more than 0.1% in the wake of a retreat from record levels. The Nasdaq Composite gave up earlier gains to trade flat by the afternoon. Stocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy. Looming over investors is the PCE index report due Thursday, a into the Federal Reserve's rate-setting decisions. Given the market's preoccupation with the timing of a rate cut, the PCE print is seen as a potential catalyst for stocks to move in either direction. In the meantime, consumers appear less confident about the US economy. The Conference Board's Consumer Confidence Index for February came in at a reading of 106.7, down from a revised 110.9 in January. January's preliminary reading was 114, a two-year high for the measure. Economists surveyed by Bloomberg had expected a reading of 115 for February. Investors digested other economic updates on Tuesday, including in home prices and the largest drop in US durable goods orders in four years. By contrast, the price of bitcoin soared to two-year highs, breaking above $57,000 per token, with gains buoyed by a big investment from MicroStrategy. Shares of bitcoin miners and crypto exchanges such as Coinbase rose alongside the leading digital currency. Early morning earnings reports from major retailers provided a window into how the consumer is faring. Macy's shares slipped as it revealed plans to shutter 150 stores in a turnaround bid and reported another quarter of sales. Lowe's downbeat 2024 sales and profit outlook weighed on the home improvement chain's stock. [15c7d250]

Version 0.37 (2024-02-27 13:23:03.793000)

updates: US stock index futures were muted in evening deals after Wall Street indexes were pulled off record peaks by a mix of profit-taking and growing anxiety ahead of key inflation readings this week. Investors were also largely on edge over the prospect of higher-for-longer interest rates, as a slew of Federal Reserve officials signaled that the central bank was in no hurry to begin loosening policy. The focus this week was largely on PCE price index data, the Fed's preferred inflation gauge, which is due on Thursday. Several more Fed officials are also set to speak this week, after their peers largely downplayed expectations of early rate cuts by the central bank in 2024. The fourth-quarter corporate earnings season was now coming to a close, with a series of somewhat mixed showings. Tech stocks were more upbeat. Bitcoin soared to two-year highs. Macy's plans to shutter 150 stores. Lowe's downbeat 2024 sales and profit outlook weighed on the stock. Whirlpool guided to flat sales in North America and doesn't expect top-line improvement until 2026. Housing derivative stocks will need new indications on when the Fed will cut interest rates.

Version 0.36 (2024-02-27 13:19:12.590000)

updates: Additional information on retail earnings, bitcoin, major retailers, and housing market

Version 0.35 (2024-02-27 01:17:06.907000)

updates: Updated information on US stock futures and Wall Street

Version 0.34 (2024-02-20 06:17:39.927000)

updates: Updates on S&P 500 futures, wholesale prices, and Capital One's acquisition of Discover

Version 0.33 (2024-02-19 23:18:12.231000)

updates: US stock futures little changed ahead of holiday-shortened trading week

Version 0.32 (2024-02-16 15:16:08.098000)

updates: Stock market performance, earnings updates, job cuts at Nike

Version 0.31 (2024-02-16 14:16:14.521000)

updates: US stock futures fell after another hot inflation report

Version 0.3 (2024-02-16 13:22:30.789000)

updates: Added information about Wall Street futures and upcoming economic data

Version 0.29 (2024-02-16 13:16:51.577000)

updates: US stock futures mixed, inflation data awaited, Nike job cuts

Version 0.28 (2024-02-16 00:17:18.538000)

updates: Updated information on stock futures and earnings news

Version 0.27 (2024-02-16 00:16:17.159000)

updates: Updates on stock futures, earnings reports, market indexes, inflation, and retail sales

Version 0.26 (2024-02-13 09:21:09.732000)

updates: Updates on global markets, US economy, corporate news, and geopolitical events

Version 0.25 (2024-02-06 15:13:29.027000)

updates: Wall Street hangs near its record high as the bond market calms

Version 0.24 (2024-02-06 14:13:00.176000)

updates: Mixed performance of Wall Street, diminishing hopes for rate cut

Version 0.23 (2024-02-06 00:13:20.012000)

updates: The Federal Reserve may cut interest rates three times this year, but the cuts are unlikely to begin in March as previously hoped. The delay in rate cuts is due to the strong performance of the economy, which could keep upward pressure on inflation. Companies that have been missing earnings estimates this reporting season have been seeing their stocks get punished more than usual.

Version 0.22 (2024-02-05 22:15:36.962000)

updates: Updated information on stock market performance and rate cut expectations

Version 0.21 (2024-02-05 22:14:17.909000)

updates: Updated information on Wall Street's performance, rate cuts, earnings season, and company results

Version 0.2 (2024-02-05 21:13:54.246000)

updates: Added information about Federal Reserve Chair Jerome Powell's comments and updated stock market performance

Version 0.19 (2024-02-05 18:13:12.813000)

updates: Wall Street falls from its all-time high

Version 0.18 (2024-02-05 16:15:26.979000)

updates: Wall Street falls from all-time high, rate cuts pushed further off

Version 0.17 (2024-02-01 03:27:16.872000)

updates: Wall Street suffers worst loss in months, Big Tech stocks drop

Version 0.16 (2024-01-31 15:30:45.397000)

updates: Added information about the disappointing earnings from tech giants and the focus on the Federal Reserve meeting

Version 0.15 (2024-01-31 02:27:56.061000)

updates: Updates on stock market performance and earnings reports

Version 0.14 (2024-01-29 15:31:38.972000)

updates: Updates on stock market performance and upcoming events

Version 0.13 (2024-01-28 06:55:09.747000)

updates: Intel's weak forecast ends S&P 500's streak of record highs

Version 0.12 (2024-01-27 19:54:23.338000)

updates: US stocks had a mixed performance, with the S&P 500 ending its streak of records

Version 0.11 (2024-01-27 00:54:12.490000)

updates: Insights into upcoming earnings reports and market outlook from Tina Byles Williams

Version 0.1 (2024-01-26 21:54:11.224000)

updates: Mixed finish on Wall Street as stock market closes another winning week

Version 0.09 (2024-01-26 21:53:42.368000)

updates: Mixed signals from key economic data confuse investors

Version 0.08 (2024-01-26 18:56:38.800000)

updates: Stock market wobbles as investors embrace optimistic inflation data

Version 0.07 (2024-01-26 14:55:02.227000)

updates: US stocks opened lower after PCE data

Version 0.06 (2024-01-26 13:53:44.407000)

updates: Intel's bleak first-quarter outlook and tech stock decline

Version 0.05 (2024-01-26 12:53:58.418000)

updates: US stock futures slip, U.S. GDP rises, job cuts continue, FTC investigates AI, Tesla stock falls

Version 0.04 (2023-11-27 19:41:42.346000)

updates: Black Friday e-commerce spending sets a record

Version 0.03 (2023-11-26 22:39:06.895000)

updates: Updates on Black Friday sales, ASX stocks, gold prices, lithium projects, and battery recycling

Version 0.02 (2023-11-25 22:41:00.485000)

updates: Updates on market trends, bond yields, Chinese equities, and global economic indicators

Version 0.01 (2023-11-25 20:37:39.720000)

updates: Updates on Black Friday sales and premarket trading

Version 0.0 (2023-11-25 03:35:45.938000)

updates: