Europe's Stoxx 600 is off 0.4%, giving back a chunk of yesterday's nearly 1.1% gain. US index futures look poised to gap lower after settling on the lows yesterday. The bond market is quiet in Europe.
Federal Reserve Chair Jerome Powell spoke in Dallas Thursday about the economic outlook. You can watch his appearance here. (His remarks start around the 19-minute mark) ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary blame, rather, goes to supply constraints as the economy came out of COVID and ...