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Daily Market Commentary

January 9, 2025

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January 9, 2025

Bonds & Stocks

The world’s biggest bond market rebounded after a rout that rattled trading around the globe, with investors gearing up for Friday’s jobs data that will help shape the outlook for Federal Reserve rates.

Economy

Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.

World

Russian President Vladimir Putin said he would be talking with his Chinese counterpart Xi Jinping by phone soon.

Putin made the comment on Thursday during a government meeting held by video conference and broadcast on Russian state television.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.