Financial-market investors were craving economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday to t...
Tag: Debt
Why retirement calculators fail the people who need them most — and what to do about it
Or were you so overwhelmed by the steps and questions that you only increased the amount you were saving by a little bit — or not at all? If you fall into the latter category, don’t feel bad. A new st...
Another jumbo Fed rate hike is expected next week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting next week. A hike of three-quarters of a perce...
250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says
Benchmark U.S. Treasury bonds are facing their worst annual returns since 1788, but a big bounce is likely in the new year, along with a stock rout. That’s according to a team of strategists at Bank o...
Growing Pile of Distressed Debt Signals Coming US Default Wave
(Bloomberg) — A heap of distressed debt is expanding in the US corporate bond market and investors worry that a burst of defaults will follow. Most Read from Bloomberg The amount of dollar-denom...
Core Scientific shares fall 76% after the bitcoin miner warns it can’t pay debt
Core Scientific (CORZ) will not make debt payments due in October and November, according to a new securities filing. Shares of the bitcoin mining company were down as much as 76% on Thursday morning....
Markets Could Go on a Tear After the Midterms, History Suggests
The autumn of 1991 was a stressful time for investors. The country had just been in a war in Iraq, interest rates were rising, and the U.S. economy was barreling toward recession. In other words, it w...
I Bonds Are Selling Like Crazy. Buy Now Before the Record 9.6% Rate Drops.
Text size Orders for I Bonds must be placed through the TreasuryDirect website. Dreamstime Hurry or you’ll miss out on one of the best deals in the bond market. The rate on the Treasury’s popular seri...
Will High Government Debt Create Problems As Rates Rise?
Will elevated debt to GDP create problems for the U.S. government as interest rates rise? … [+] Photographer: Sarah Silbiger/Bloomberg © 2022 Bloomberg Finance LP In 2022 interest rates have sho...
Is The Debt Ceiling The Only Remaining Institution Capable Of Shrinking The Federal Government?
Even before the pandemic episode, spending on debt service threatened to rival the entire federal defense budget. WASHINGTON, DC – JULY 25: U.S. President Joe Biden listens as Communications Wor...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...
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...
Opinion: Liz Truss is out — why that might be good for your 401(k)
The British pound rose on the news that Liz Truss was standing down. (It’s now the best performing currency of the last month, if you can believe). The interest rate on British government bonds fell. ...
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming week from the Fed’s preferred...
With $3.1 Trillion In Debt Due And Rates Rising, Corporate Borrowers Find Themselves Fighting The Fed
$3.1 trillion of U.S. corporate debt is coming due over the next three years. getty Talk about bad timing. For three S&P 500 members, F5, IlluminaILMN , and NordsonNDSN , 40% or more of their debt...
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 ...
‘Fragile’ Treasury market is at risk of ‘large scale forced selling’ or surprise that leads to breakdown, BofA says
The world’s deepest and most liquid fixed-income market is in big, big trouble. For months, traders, academics, and other analysts have fretted that the $23.7 trillion Treasurys market might be the so...
Vanguard ‘not confident’ U.S. Treasury rates have peaked after painful bond-market losses. Why ‘risk-reward profiles’ still appear more attractive across fixed income
U.S. Treasury rates may have yet to peak after surging this year, but higher yields have made bonds more attractive in tumultuous markets as investors face a likely recession next year, according to V...
UBS has released its annual house-price bubble report. Here are the most overvalued markets.
The housing market is in something of its own recession as mortgage rates have surged. If the economist consensus is right about an existing home sales report due later in the morning, then sales will...
Have the bond vigilantes who attacked the U.K. killed off modern monetary theory? MMT proponent Stephanie Kelton says that’s nonsense.
As investors assesses the remarkable turnaround in fiscal policy from one of the world’s number-six economy, the U.K., the one conclusion surely is that a nation’s financial flexibility is limited by ...
Why Sweden’s $41 Billion of Property Debt Is Alarming Europe
(Bloomberg) — Even in Sweden few people knew much about Castellum AB. Yet the hurried sale of 40 million shares in the property company earlier this month is now seen by some as a harbinger of t...
The Major REIT With, Possibly, The Least Amount Of Debt
Relative to the amount of shareholder equity, Weyerhaeuser Co. (NYSE: WY) may be among the major real estate investment trusts (REIT) with the least amount of debt. This consideration may be of greate...
Carnival Raises $1.25B Via Debt
Morningstar Research Analyst Report: Carnival Corporation & plc Carnival is the largest global cruise company, with 91 ships in its fleet in October 2022, with eight of its nine brands set to be f...
Why stock market investors should wait for the 10-year Treasury to ‘blink’
When a key part of the U.S. bond market starts shrugging off new Federal Reserve interest rate hikes or tough talk on inflation, it’s probably time to buy stocks, according to James Paulsen, the Leuth...
China’s Junk Debt Is Sliding Deeper Into Unprecedented Distress
(Bloomberg) — A worsening crisis in China’s property market is dragging junk dollar bonds from the nation’s borrowers deeper into distress, as the implosion of what was once one of the world’s m...
Why I don’t want I-bonds
There’s been such a rush to buy “I-bonds,” inflation-protected bonds from the U.S. government, that the TreasuryDirect website crashed. I-bonds have been one of the hottest investments of the year. Pe...