Gary Cohn Says Fed Rate Cuts Already Priced Into Mortgage Market [BNN Bloomberg (Canada)]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
Check Earnings Report
US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: BNN Bloomberg
“Unfortunately, I think those rates have already priced in what the Fed is going to do,” Cohn said Sunday on CBS's Face the Nation. “I do not see a major impact to the mortgage market or credit-card financing or anything else by the Fed starting to drop rates this week.” Policymakers are widely predicted to begin easing rates in their September meeting, as the US economy begins showing signs of weakness. Measures of inflation have cooled, but home prices are still more than many Americans can afford, especially with high borrowing costs. The average for a 30-year, fixed loan is currently 6.2%, down from 6.35% a week earlier, according the most recent Freddie Mac data. Cohn, now vice chairman at International Business Machines Corp., said consumers are under “enormous pressure” with delinquencies in credit cards ticking higher. “We're starting to see softness in the economy, softness in the job market,” said Cohn, who was president and chief operating officer of Goldman Sachs
Show less
Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBM alerts
High impacting International Business Machines Corporation news events
Weekly update
A roundup of the hottest topics
IBM
News
- Four Overlooked Benefits Of Job Aids And Checklists [Forbes]Forbes
- The 2024 AI HW Summit: Here's What Caught My Attention [Forbes]Forbes
- Qiskit Functions: IBM's Quantum Game-Changer [Forbes]Forbes
- Tom Davis Joins Epiq as Chief of Staff, Supporting Class Action, Remediation, And Mass Tort Business Unit [Financial Post (Toronto, Ontario, Canada)]Financial Post
- IBM Brings Together Partners To Accelerate Quantum Computing Adoption [Forbes]Forbes
IBM
Earnings
- 7/24/24 - Beat
IBM
Sec Filings
- 9/11/24 - Form 8-K
- 9/6/24 - Form 25-NSE
- 9/3/24 - Form 4
- IBM's page on the SEC website