US downgraded to AA+ (second time ever)
... because Congress messes with the economy by not agreeing on a budget. But no one adjusted their portfolios. Some criticism of rating agencies over the past 20 years.
3-year and less down, 5-year and more up.
Everyone talking Soft Landing and optimism growing. Like 9 days of higher closes in one of the markets (NASDAQ?), them lots of red for a couple red days.
Companies are reporting earnings beats, but they're not up after that always. Companies that miss often go up more.
Political advertising will be $14b in 2024 up from $2.5b, so advertising, TV companies will get a share. Paramount, Disney may examine keeping the Network and spinning off the TV stations.
Investors ‘nervous about good news.’ Don't want a strong jobs report etc, because that bri3ngs a September rate hike.
A day of most stocks up, but Utilities quite red. Bing said it was because bond yields are rising. First use of Bing. Google couldn't do it.