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ZacksEconomic Data Deluge: Claims, Starts, Philly Fed & More
From the labor market to homebuilding figures to regional manufacturing and a new account balance, we fill in a lot of gaps ahead of today's opening bell.
- Investing.com
JPM: Record low short interest in SPY, QQQ may expose US equities to vulnerability
The declining short interest in SPDR® S&P 500 (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ) exchange-traded funds (ETFs) to successive record lows has been supporting US equities and reducing volatility over the past year, thus serving as an implicit short volatility (vol) trade, JPMorgan strategists said in a Thursday note.
Yahoo FinanceWhy the Fed might need to 'get on with it' and cut rates
The latest round of monthly data has some economists worried the Fed won't cut rates soon enough.
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