Q&A: Why are stocks jumping when bond yields are cratering?

June 20, 2019@4:29 PM TFP Editor 0

Why is the stock market so happy and the bond market so gloomy? Just as the S&P 500 was setting a record high Thursday, bond yields were tumbling to their lowest levels since Donald Trump was elected. The yield on the 10-year Treasury, which influences rates for mortgages and other loans, dropped below 2% at one point. It was above 3.20% in November. Usually, stock prices rise when investors are feeling confident. Bond yields, meanwhile, often fall when investors are worried about a softening economy. [Read More]

Key Words: ‘This place has enough creepy old men,’ senator says after Roy Moore announces 2020 run

June 20, 2019@4:29 PM TFP Editor 0

Roy Moore, the polarizing Republican judge who lost a U.S. Senate race in a bitter 2017 special election, said Thursday he’s planning to run again in 2020. Senate Republicans greeted the news with a collective eye roll, with Arizona’s Sen. Martha McSally dropping the zinger of the day to Politico: “Give me a break. This place has enough creepy old men.” Sen. Martha McSally, R-Ariz. “I won’t support him,” Alabama Sen. Richard Shelby told reporters. “There are a lot reasons known to you and everybody [Read More]

Suicide Rates Among Young Americans Accelerates To Highest Level Since 2000 

June 20, 2019@4:25 PM TFP Editor 0

A new study of national data on suicide rates among young Americans reveals rates have hit their highest point since 2000, reported Reuters. Rates among Americans started to increase during the financial crisis (2007), sharp accelerations were also seen on a post-crisis basis between 2014 and 2017, according to the report published in JAMA. The study, called Suicide Rates Among U.S. Adolescents, Young Adults Continue to Increase, showed teen suicides had been growing faster in girls than boys until when it flipped to boys in [Read More]

Putin says US military action against Iran would be a ‘catastrophe for the region’

June 20, 2019@4:12 PM TFP Editor 0

Russia’s President Vladimir Putin warned the U.S.  Thursday not to take military action against Iran following the recent downing of an American drone and attacks on oil tankers near the Strait of Hormuz. Speaking on a televised call-in show, Putin said U.S. military action against Iran – which Washington blames for both events — would be a “catastrophe for the region as a minimum” and trigger an escalation of hostilities with unpredictable results. The comments came just days after the Trump administration announced that 1,000 additional American troops would [Read More]

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The UK’s First Hydrogen Train Is Unveiled, Developed With Alternative Fuel Expertise From Luxfer

June 20, 2019@4:11 PM TFP Editor 0

NOTTINGHAM, England–(BUSINESS WIRE)–Luxfer Gas Cylinders, a business unit of Luxfer Holdings PLC (NYSE:LXFR) and the world’s largest manufacturer of high-pressure composite and aluminum cylinders, today announced that its G-Stor® H2 hydrogen cylinders have been used to help fuel the UK’s first full-sized hydrogen powered demonstrator train. Unveiled at the RailLive 2019 show, the HyrdroFLEX project consists of a former Thameslink electric train retrofitted to run using a hydrogen fuel system. “We’re proud to have worked on this innovative project which marks a significant step towards [Read More]

Opinion: With dominant World Cup win over Sweden, USWNT puts the rest of the field on notice

June 20, 2019@4:08 PM TFP Editor 0

CLOSE SportsPulse: She’s tasked with replacing Hope Solo and she’s more than ready for it. Her name is Alyssa Naeher and she’s a start you need to know on the USWNT this summer. USA TODAY LE HAVRE, France — If they weren’t already, the teams left in the World Cup are now on notice. The U.S. women let everyone know Thursday night that their impressive showings in the first two games weren’t just because they were playing vastly inferior competition. With a definitive 2-0 victory over [Read More]

EU leaders fail to agree on 2050 climate goal

June 20, 2019@4:08 PM TFP Editor 0

European Union leaders have failed to back a plan to make the bloc’s economy carbon neutral by 2050 in spite of promises to fight harder against climate change. Ahead of a U.N. meeting in the fall, the proposal was relegated to a non-binding footnote in the final statement of Thursday’s summit of EU leaders in Brussels. “For a large majority of Member States, climate neutrality must be achieved by 2050,” the footnote read. However, for the change in approach to become an official target, all [Read More]

Market Extra: Paul Tudor Jones likely made a killing off a timely call last week to by gold and stocks

June 20, 2019@3:46 PM TFP Editor 0

Billionaire investor Paul Tudor Jones must be rolling in bullion right now. The famed hedge-fund investor made a notable call last week, citing a cocktail of a dovish Federal Reserve and heightened geopolitical tensions as a perfect time to buy bullion and stocks. Here’s what the macro trader told Bloomberg Markets in an interview on June 12. “I think one of the best trades is gonna be gold. If I had to pick my favorite [bet] for the next 12 to 24 months, it’d probably [Read More]