Keep pulling the thread on Bloomberg Surveillance.
RBC forecasts zero interest rate cuts from the Federal Reserve this year.
Of the 22% of companies that have reported earnings this quarter, 84% have beaten consensus expectations.
Top-line revenue growth for companies reporting earnings this quarter is up 7%, and profit margins are solid.
The investment grade corporate bond market has experienced record levels of new issuance.
Demand for new investment grade corporate bonds is more than four times the supply, and new issue concessions have dropped to 2.4 basis points.
The high-yield corporate bond market has seen $30 billion of new supply issued year-to-date.
There has been $35 billion of data center-related bond issuance in the high-yield market.
Data center-related debt has grown from 0% to approximately 2% of the high-yield benchmark index.
Israeli Prime Minister Benjamin Netanyahu underwent treatment for an early-stage prostate tumor.
Hyperscale technology companies are pricing new debt in the 5.5% to 7% range.
The United States can only surpass China competitively through its science and technology capabilities.
The United States has a long-term labor shortage that can only be solved with technology.