Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank h...
Tag: Brace
The Russian And Ukrainian Armies Brace For The Dreaded ‘Wet Cold’ Winter
A Ukrainian tank in the Donbas mud. Ukrainian defense ministry photo There are two winters in Ukraine. The first, in the final couple months of the year, are cold—but not cold enough for a deep freeze...
Bitcoin Traders Should Check These Data As They Brace For The Next Bull Run
Bitcoin holders and investors are still waiting for the next bull cycle that will once again catapult the crypto’s price to levels that may be higher than its current all-time high. Hopefuls believe t...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.
So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite CO...
Why the housing market should brace for double-digit mortgage rates in 2023
Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon, the 30-year fixed mortgage rate still would climb to 10%, according to Christopher Whalen, chairman of ...
Bitcoin Investors, Brace Yourself For A 25% Plunge Soon!
It appears like the gloomy days are back for the crypto assets. In the last three weeks, Bitcoin has dropped towards $18,000 before finding some stability above $19,000 level. At the time of writing, ...
Brace for Mortgage Rates to Climb Higher After the Jobs Report
Text size A housing development in Pearland, Texas. Brandon Bell/Getty Images The rising cost of buying a home has cooled the market this year. In a roundabout way, Friday’s jobs report will add to ho...
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
Bitcoin (BTC) volatility edged higher during Sept. 26 as the Wall Street open avoided significant losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close tipped to shake up B...
Stock Traders Brace for a Steeper Dive as Fed Ups Recession Fear
(Bloomberg) — A hawkish Federal Reserve crushed whatever hope investors had, plunging the stock market into a doom spiral last week and sparking traders’ fears that even more losses are on the w...
Traders Brace for S&P 500 Free Fall as Chart Supports Crumble
(Bloomberg) — The spillover from the UK’s proposed tax cuts is washing into the US stock market. Most Read from Bloomberg The S&P 500 fell as much as 1.9% on Friday, bringing its rout in the...
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
Brace yourselves, the Fed is about to inflict ‘some pain’ to fight inflation — here’s how to prepare your wallet and portfolio
The Fed is ready to bring the pain. Are you prepared? Weeks ago, Federal Reserve Chair Jerome Powell cautioned there would be “some pain to households and businesses” as the central bank jacks up inte...
Stocks Struggle As Markets Brace For Another ‘Unusually Large’ Fed Rate Hike
Topline Fresh off the market’s worst week since June, stocks on Monday struggled to overcome losses as investors anxiously await the Federal Reserve’s looming interest rate hike this week—...
Stay calm after FedEx’s bad quarter, brace for economic pain
CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter ...
Is the JPY weakness over? Investors brace for a rebound
One of the weakest currencies in 2022 has been the Japanese yen (JPY). It declined against its peers so quickly that it took market participants by surprise. Take, for instance, the USD/JPY exchange r...
Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes
Topline The stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Fed...
U.S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike
Investors withdrew billions of dollars out of U.S. equities funds over the past week as central bankers’ hawkish messaging fueled fears of deeper economic downturn. U.S. stock funds recorded the bigg...
Shiba Inu holders should brace for potentially big move after…
Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first...
Bitcoin investors brace for a short-term bullish bounce for these reasons
The Bitcoin [BTC] tide is changing once again after starting the week on a very bearish note. This time it looks like we might just get a bit of a relief rally. This is especially now that whales are ...
Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates
Topline The stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more ...
Brace for ‘Recession Shock’ as Outflows Rock Equities, Bank of America Says
(Bloomberg) — Investors bracing for a recession jolt accelerated their retreat from stocks after the Federal Reserve warned it won’t be easily deterred in its fight against inflation, Bank of Am...
U.S. health officials brace for another fall Covid surge, but with fewer deaths
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images Fall is on the horizon and public health officials are again bracing fo...
Web3 Platforms Brace Themselves for Impending Ethereum Merge
Several Web3 platforms operating on the Ethereum blockchain have announced contingency plans ahead of the anticipated Merge next month. After years of development and community support, Ethereum will ...
Bitcoin risks worst August since 2015 as hodlers brace for ‘Septembear’
BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse. Data from on-chain analytics resource Coinglass shows that BTC/USD has not ...
Brace for an 80% crash in AMC shares: Wedbush Securities
AMC Entertainment Holdings Inc (NYSE: AMC) has tanked roughly 60% over the past couple of weeks but the pain is far from over, says Alicia Reese. She’s an Equity Research Analyst at Wedbush Securities...
Movie Theaters Brace for a Rough Intermission
Cineworld doesn’t seem to have much faith in The Rock, though he probably shouldn’t take it personally. The U.K.-based owner of the Regal Cinemas movie-theater chain is preparing to file for chapter ...
Brace for a retest of June lows: Lisa Shalett
The U.S. central bank does not plan on slamming the breaks on raising rates until it’s sure that inflation is persistently and meaningfully coming down on all fronts, as per the FOMC meeting minutes r...
Pharma stocks crater as investors brace for litigation charges
Shares of GSK, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug ...
Fed Raises Interest Rates By 75 Basis Points Again As Investors Brace For Recession
Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in nearly three decades to help temper the nation’s stubbornly high inflation, raising i...