It was a weekend filled with significant developments in the world of finance and technology. From the Federal Reserve’s potential rate cut to Nvidia’s earnings, here’s a quick rundown of the top stories that you might have missed.
Fed Chair Powell Signals Rate Cut, Bond Market Disagrees
Despite the Federal Reserve’s potential plan for a rate cut in September, the bond market, particularly long-dated Treasuries, is not showing enthusiasm. Macro strategist Jim Bianco warned that the bond market is sending a clear message, and it’s not in favor of these rate cuts.
Nvidia’s Earnings: A Make Or Break Moment
After a significant increase in market value, Nvidia Corp. (NASDAQ: