Fed's Warsh Sees Third-Quarter GDP Above 3%
Warsh said third-quarter GDP is likely to exceed 3%.
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Morning Bid Americas: October doubts as Treasury yields climb
The column says the 10-year Treasury yield posted its biggest quarterly jump in four years and that long bond yields hit their highest since 2002. It also notes upcoming U.S. PCE inflation, ADP payrolls and Fed speakers, while questioning whether markets have fully priced the Fed path.
$6.51 Diesel Should Be Crushing the Economy: Here’s Why It Has Rarely Grown Faster
The national average price of a gallon of diesel has hit a record $6.51, while gasoline remains near historic highs. Yet, the U.S. economy does not seem to care. • State Street SPDR S&P 500 ETF Trust stock is moving in positive territory. Why are SPY shares climbing? The Federal Reserve Bank of Atlanta’s GDPNow model e