Key highlights: Jamie Dimon said he would avoid buying stocks and bonds for now He pointed to wars, government debt, and U.S.-China tensions as causes of concern The JPMorgan CEO also warned that the AI investment boom may not deliver results as fast as many hope So far this year, stock market investors have had […]
Tag: Iran
Key highlights: U.S. Treasury yields moved higher as investors reacted to escalating conflict in the Middle East and monitored the latest military developments The benchmark 10-year Treasury yield climbed to 4.568%, while the 30-year yield traded above 5% Markets are now awaiting the latest S&P Global Flash U.S. PMI report after recent inflation data reinforced […]
By Jordan Lyanchev Bitcoin recovered most of the losses seen during the day after dipping to $62,400 and is now back above $64,000. What’s intriguing about this rebound is that it came after some unfavorable reports for risk-on assets. The first one focused on more threatening developments on the US/Israel-Iran war front, while the second […]