The market got very bearish this morning but the break below 1.0600 was only very brief. Dealers tell me that plenty of buyers emerged suddenly, once the barrier was breached and the market has the feel that an interim low might have been reached.
The market got very bearish this morning but the break below 1.0600 was only very brief. Dealers tell me that plenty of buyers emerged suddenly, once the barrier was breached and the market has the feel that an interim low might have been reached.
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Navient's originations surge 60% with strong credit (FICO 775), but legacy delinquencies linger. Stock trades below book value.
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NOC trades at 20x earnings, but 8% EPS growth & strong FCF outlook may justify it. Dividend hikes expected.
Fed holds rates steady, highest dissent since '92. Powell stays, denying Trump a vacancy. Market watches closely.
Jobless claims hit 50-yr low! Gold jumps as 189k filings defy headwinds. Strong labor signals.
JAPEX targets 180k boe/d by 2035, aiming for >cost of capital returns with Norway assets.
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