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☆ Rooney Vera: Industrials, defense, and banks will continue to rise
▼ + stars: | 2024-11-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRooney Vera: Industrials, defense, and banks will continue to riseKathryn Rooney Vera from Stonex discusses the market pullback after record highs, with concerns over the U.S. deficit and tax cuts.

Persons: Rooney Vera, Industrials, Kathryn Rooney Vera, Stonex

☆ Time to bail on the market's hottest sector? Some investors are starting to sell
▼ + stars: | 2024-10-03 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Utilities are having their best rally in decades , propelled by artificial intelligence enthusiasm and the prospect of lower interest rates, but some investors are cooling on the sector. Rate-sensitive utilities are now the best-performing sector in the S & P 500 in 2024, jumping more than 28%. The sector is on pace for its best year since 2000, when it climbed more than 50%. XLU XLK,.SPX YTD mountain Utilities versus tech and the S & P 500 in 2024 Utilities are viewed as an outsized beneficiary of lower borrowing costs due to their high capital requirements. For the time being, investors are still flocking to the names: Vistra and Constellation hit fresh all-time highs on Thursday.

Persons: XLU XLK, Jason Goepfert, Kathryn Rooney Vera Organizations: Vistra Corp, Constellation Energy

☆ Market expectations for inflation not corresponding to its upside risk: StoneX's Kathryn Rooney Vera
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket expectations for inflation not corresponding to its upside risk: StoneX's Kathryn Rooney VeraKathryn Rooney Vera, StoneX chief market strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, where investors can find opportunities right now, and more.

Persons: StoneX's Kathryn Rooney Vera Kathryn Rooney Vera

☆ Rooney: The labor market drives the consumer, and the consumer drives the economy
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRooney: The labor market drives the consumer, and the consumer drives the economyKathryn Rooney Vera, Chief Market Strategist at StoneX, discusses the significance of consumer data in relation to the labor market and Federal Reserve actions

Persons: Email Rooney, Kathryn Rooney Vera Organizations: Federal

☆ Rooney Vera: Now is the best time to put on protective portfolio hedges
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRooney Vera: Now is the best time to put on protective portfolio hedgesKathryn Rooney Vera, Chief Market Strategist at StoneX, discusses the wild week for the markets and how to protect your portfolio.

Persons: Rooney Vera, Kathryn Rooney Vera

☆ Oil set for weekly gain on signs of improving demand
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the United States. Brent crude oil prices rose 21 cents, or 0.3%, to $83.48 a barrel by 0018 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2%, to $79.41 a barrel. Brent futures are set to rise about 1% on a weekly basis, and WTI futures are set to gain 1.4%. Recent declines in oil and refined products inventories at major global trading hubs have created optimism over oil demand growth, reversing a trend of rising stockpiles that had weighed heavily on crude oil prices in prior weeks.

Persons: Brent, Alex Hodes Organizations: . West Texas, Brent, ., Financial, Federal Reserve Locations: Tutong district, Brunei, United States, U.S, Europe's Amsterdam, Rotterdam, Antwerp

☆ Trump Media pushes House to probe 8 firms over short-selling of DJT shares
▼ + stars: | 2024-05-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The CEO of Trump Media urged leading House committee chairmen to investigate eight financial firms over concerns of potentially illicit short selling of DJT, whose majority shareholder is former President Donald Trump. A spokesperson for Clear Street declined to comment on Nunes' letter. DJT shares were trading 6% higher early Thursday at $47.84 per share, which is 32% lower than its opening price on March 26. Trump, who is the presumptive Republican presidential nominee, faces pending civil legal judgments of more than $500 million. "Based on factors including the volume and price of purportedly available 'locates,' [Trump Media] has identified ongoing anomalies in DJT trading," Nunes wrote the House Judiciary, Ways and Means, Financial Services, and Oversight and Reform chairmen in his new letter.

Persons: Donald Trump, Devin Nunes, Nunes, Donald Trump's, Trump Organizations: Trump Media, Republicans, Trading, Cowen, Company, Securities, StoneX Securities, Clear, CNBC, Nasdaq, Market, Trump, Judiciary, Financial Services, Exchange, Depository Trust Company, SEC

☆ The economy is going through a reflationary scenario right now, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe economy is going through a reflationary scenario right now, says StoneX's Kathryn Rooney VeraKathryn Rooney Vera, StoneX chief market strategist, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Wednesday.

Persons: StoneX's Kathryn Rooney Vera Kathryn Rooney Vera

☆ There's an elevated risk of inflation reacceleration, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's an elevated risk of inflation reacceleration, says StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: CNBC

☆ There are fears there aren't enough cocoa beans to meet long-term contracts: Financial services firm
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are fears there aren't enough cocoa beans to meet long-term contracts: Financial services firmDarren Stetzel, vice president of soft and agricultural commodities for Asia at StoneX Group, discusses the outlook for cocoa and sugar.

Persons: Darren Stetzel Organizations: Financial, StoneX Group Locations: Asia

☆ U.S. S&P will have flat year because risks are underpriced, says Kathryn Rooney Vera
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. S&P will have flat year because risks are underpriced, says Kathryn Rooney VeraKathryn Rooney Vera, Chief Market Strategist at StoneX, discusses her S&P 500 price target and the broader markets.

Persons: Kathryn Rooney Vera Kathryn Rooney Vera

☆ Global fund managers turn uber-bullish as stock rally rolls in to mid-December
▼ + stars: | 2023-12-19 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

If you want a sense of how frothy things have become, look no further than the December Bank of America Global Fund Manager Survey. This is a survey of roughly 250 global fund managers and is a very good gauge of sentiment among fund managers. 1-month average returns: 1.9% (vs. 0.6% in all 1-month periods) 3- month average returns: 3.3% (vs. 1.9%) 1- year average returns: 7.5% (vs. 7.9%) Source: StoneX While eight-day streaks are rare, the Dow has done even better. Last July, th e Dow broke a 13-day winning streak , the likes of which were last seen in 1987. It's currently at an RSI (Relative Strength Indicator, a gauge of momentum over the past 14 trading days) of 85.

Persons: Dow, Matt Weller, That's, Weller, It's Organizations: Bank of America Global Fund, Survey, Federal, Dow Locations: China

☆ The market 'got ahead of themselves somewhat' with latest rally: StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market 'got ahead of themselves somewhat' with latest rally: StoneX's Kathryn Rooney VeraKathryn Rooney Vera, StoneX chief market strategist, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, whether a soft landing is achievable, and more.

Persons: StoneX's Kathryn Rooney Vera Kathryn Rooney Vera

☆ Brokerage firm BTIG accuses rival StoneX of stealing technology
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 13 (Reuters) - U.S. brokerage firm BTIG on Monday filed a lawsuit against rival StoneX Group Inc (SNEX.O), accusing it of stealing trade secrets, and sought at least $200 million in damages. "Defendant StoneX recruited a team of BTIG traders and software engineers to exfiltrate BTIG software code and proprietary information and take it to StoneX," lawyers for BTIG wrote in the suit filed in the California Superior Court, San Francisco County. StoneX used the software code and proprietary information to build competing products and business lines "that generate tens of millions of dollars annually," they said. StoneX did not immediately respond to a Reuters' request for comment outside of regular business hours. BTIG's lawyers also requested the court issue an injunction to prevent StoneX from using or disclosing BTIG's trade secrets or other proprietary information.

Persons: Defendant StoneX, BTIG, StoneX, Akanksha, Blake Brittain, Stephen Coates Organizations: StoneX, California Superior Court, Thomson Locations: California, San Francisco County, Bengaluru, Washington

☆ Something has to break for the Fed to cut rates, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSomething has to break for the Fed to cut rates, says StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: Fed, CNBC

Unusually hot and dry weather in Mato Grosso has caught traders’ attention. October weather in North Mato Grosso BrazilIn Brazil’s southern state of Parana, October rainfall totaled around 350 mm (13.8 inches), the most for any month in at least 25 years. It is unhelpful in this analysis that there have not been many stronger El Ninos in recent years for comparison. Soy yield was 13% below trend that year, but otherwise, soy yields rarely miss in Mato Grosso, making it difficult to detect an impending disaster. In the south, Parana’s rainiest soy-growing seasons have most often coincided with El Ninos, but actual yield outcomes are mixed.

Persons: El Nino, Mato Grosso’s, Mato, La Nina, El, Karen Braun, Rod Nickel Organizations: Mato Grosso, Farmers, El Ninos, El Nino, Iowa, La, El, Reuters, Thomson Locations: Primavera, Mato, NAPERVILLE , Illinois, Brazil, Mato Grosso, North Mato, Brazil’s, Parana, U.S, Southern, Argentina

☆ Big government will drive the next market cycle
▼ + stars: | 2023-10-31 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

Growth picked up while quiescent inflation permitted interest rates to fall. Bereft of government support, central banks tried to stimulate their economies by pushing interest rates to new lows. That means interest rates will struggle to return to the ultra-low levels seen after 2008. The first takeaway is that higher debt levels, inflation and interest rates should be bad for bonds. Vincent Deluard of StoneX has proposed a division between intangible and tangible companies.

Persons: Kevin Lamarque, ” Ronald Reagan’s, Milton Friedman –, Britain’s Margaret Thatcher –, Reaganomics ”, Réka Juhász, Nathan J, Lane, Dani Rodrik, government’s, Vincent Deluard, StoneX, Lockheed Martin, Peter Thal Larsen, Oliver Taslic, Thomas Shum Organizations: Republicans, Capitol, REUTERS, Reuters, Bank, Asset, Monetary Fund, Treasury, Capital Economics, Reuters Graphics Reuters Graphics, Capital, Facebook, Meta, Lockheed, Micron Technology, U.S, Congress, Nasdaq, Energy, Exxon Mobil, Labour Party, Thomson Locations: Washington , U.S, “, Ukraine, Covid, Europe, United States, United Kingdom, Germany, Japan

Overall, China's 2023 imports are likely to reach around 12 million tons, two Singapore-based traders said, topping 2022's record 9.96 million tons, and the avid buying is expected to continue into 2024. read moreBeijing has not provided a crop quality assessment. MORE TO COMEChina's January-September wheat imports jumped 53.6% to 10.17 million metric tons, customs data showed, including 6.4 million tons from Australia and 1.8 million tons from Canada. Chinese wheat purchases have stabilised global wheat prices, one of the Singapore traders said. Given lower output in Australia, traders and analysts said China is likely to import significantly higher volumes of French wheat in the coming months.

Persons: China's, Muyuan, Stefan Meyer, Ma Wenfeng, Price, Rosa Wang, Jeffrey McPike, Naveen Thukral, Dominique Patton, Peter Hobson, Gus Trompiz, Julie Ingwersen, Tony Munroe, Simon Cameron, Moore Organizations: Traders, Russia, Reuters, El, Beijing Orient, Shanghai JC Intelligence Co, U.S, WASDEA Commodities, Thomson Locations: China, SINGAPORE, BEIJING, Chicago, Singapore, Australia, Beijing, Sydney, StoneX, Canada, Indonesia, Japan, North America, U.S, Canberra, Paris

☆ I'm more optimistic on fixed income than equities at this juncture, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm more optimistic on fixed income than equities at this juncture, says StoneX's Kathryn Rooney VeraKathryn Rooney Vera, StoneX chief market strategist, joins 'Squawk Box' to discuss latest market trends, earnings expectations outlook, Treasury yields, and more.

Persons: StoneX's Kathryn Rooney Vera Kathryn Rooney Vera

☆ How U.S. soybeans influence global economics
▼ + stars: | 2023-10-12 | by ( Andrea Miller | In Dreajmiller | ) www.cnbc.com time to read: +3 min

"Soybeans are kind of that wonder crop that has amazing capabilities" Arlan Suderman, chief commodities economist at StoneX, told CNBC. "The average soybean production in our county 40 years ago, in 1980, was 31 bushels. The global soybean market exploded in recent years with U.S. production at the forefront. However, the U.S. has since lost its dominance, in part, thanks to its reliance on a single export market: China. According to data from the USDA, about half of the value of U.S. soybean exports head to China.

Persons: Himanshu Gupta, ClimateAI, Suderman, wasn't, Meagan Kaiser, Joe Janzen, Janzen, Kaiser Organizations: National Oilseed Processors Association, United, CNBC, U.S . Department of Agriculture, University of Illinois Locations: U.S, China, Brazil, Argentina

☆ Wage growth deceleration is the silver lining of the Spetember jobs report: StoneX's Rooney Vera
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWage growth deceleration is the silver lining of the Spetember jobs report: StoneX's Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Rooney Vera, Brian Sullivan, “ Organizations: CNBC

☆ 'Something has to break' for Fed to hit 2% inflation target: StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Something has to break' for Fed to hit 2% inflation target: StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: Fed, CNBC

☆ Position for the economy to 'swoon', then rebound, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-08-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPosition for the economy to 'swoon', then rebound, says StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: CNBC

☆ Emerging markets are in vogue because they are 'risk on', says StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-08-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmerging markets are in vogue because they are 'risk on', says StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: CNBC

☆ Fitch's credit downgrade should be wake up call for the U.S. government, says B. Riley's Art Hogan
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFitch's credit downgrade should be wake up call for the U.S. government, says B. Riley's Art HoganKathryn Rooney Vera, Chief Market Strategist at StoneX, and Art Hogan, Chief Market Strategist at B. Riley Wealth Management, join 'Last Call' to talk Fitch's downgrade of U.S. credit, the state of the markets, the U.S. debt ceiling and more.

Persons: Hogan Kathryn Rooney Vera, Art Hogan Organizations: U.S ., Riley Wealth Management Locations: U.S

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