What I Am Reading
Thursday, September 19, 2024
Markets
- Dow closes lower, giving up 375-point pop after big Fed rate cutCNBC
- S&P 500 Stocks Will Continue to Rally After Fed Cut, Investors SayBloomberg
- Japan’s Stock Futures Rise as Yen Pares Gain, Traders Await BOJBloomberg
- Dollar gains ground after Fed delivers bumper 50 basis point rate cutReuters
- The Number One Way Americans are Becoming MillionairesMorningstar
Central banks I
- Fed Cuts Rates by Half Percentage PointWall Street Journal
- Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cutCNN
- The Fed forecasts lowering rates by another half point before the year is outCNBC
- US rate futures imply more easing this year after Fed's 50-basis-point cutReuters
Central banks II
- The Fed Isn’t First to Cut Rates, but It Is the Signal Other Central Banks WantWall Street Journal
- Bank of Japan Expected to Stand Pat; All Eyes for Clues on Timing of Next HikeWall Street Journal
- BoE quantitative tightening goal entangled in 'fiscal jiggery-pokery'Reuters
- U.K. Inflation Holds Steady Ahead of Bank of England DecisionWall Street Journal
US
- US 30-year mortgage rate falls to two-year low of 6.15%Reuters
- How Inflation Fooled Almost EverybodyThe New Yorker
- America’s economic engine is still revving, despite fears of a slowdownCNN
- Republican leader: Trump plans could be paid for with tax cuts, deregulationCNBC
- Powell downplays impact of rate cut on Trump-Harris presidential raceCNBC
Europe
China
Geopolitics & trade
Industries & companies
Corporate finance
- Hedge Fund Startups: Millennium, Citadel Traders Raise $14 Billion for SpinoffsBloomberg
- Danske Bank to Pay $7 Million in French Settlement Over Estonia Money-LaunderingWall Street Journal
- S&P Puts $8 Billion Prospect Fund on Negative OutlookBloomberg
- Nippon Steel Gets More Time for U.S. Steel Deal ReviewWall Street Journal