Money & Markets modules for Saturday, July 13
THE WEEK AHEAD
JPMorgan Chase reports its second quarter results on Tuesday. The Commerce Department releases monthly data on new home construction on Wednesday. Microsoft reports fourth quarter results on Thursday.
Ford shares rose after it announced it would team up with Volkswagen to share the cost of developing self-driving and electric vehicles.
Powell’s big bet
Federal Reserve Chairman Jerome Powell is making a bet that inflation no longer responds to unemployment the way it has in the past _ and his wager likely means the Fed will keep rates lower for an indefinite period.
US Xpress Enterprises (USX)
Ford Motor (F)
Wells Fargo Core Bond (MBFAX)
This fund's "well-defined process" earns it a "Silver" rating from Morningstar. Its benchmark is the Bloomberg Barclays U.S. Aggregate Bond Index.
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