“If you think about where we are right now, the Federal Reserve Board is fighting something that it hasn’t seen really in almost four decades, which is inflation. Inflation is a bit like toothpaste: o...
Tag: Debt
The bottom 90% in the US saw their debt increase by $300 billion over the last year — the largest annual gain on record. As for the wealthy? Not so much
The bottom 90% in the US saw their debt increase by $300 billion over the last year — the largest annual gain on record. As for the wealthy? Not so much The wealth gap widened substantially this year....
Cracks in financial markets fuel debate on whether the next crisis is inevitable
To paraphrase a quote by legendary investor Warren Buffett: It’s only when the tide goes out that you discover who’s been swimming without a suit. In this case, the metaphorical tide represents the en...
A ‘Fed pivot’ still is the best shot for stocks to rebound
Timing the market has been a nagging question for investors ever since the stock market began its decline by roughly 25% in January this year. The right answer likely hinges on whether or not the Fede...
Why Are My Inflation-Protected Bonds Falling When Inflation Is So High?
Listen to article (1 minute) You would think this would be TIPS’ time to shine. Instead, the prices of Treasury inflation-protected securities—government bonds that are adjusted to keep up with inflat...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
Morgan Stanley-Led Banks Face $500 Million Loss on Twitter Debt
(Bloomberg) — When banks led by Morgan Stanley agreed in April to help finance Elon Musk’s purchase of Twitter Inc., they were eager to aid an important client, the richest person in the world. ...
Fed may need to pivot by early November, when ‘something breaks’: Scott Minerd
With multiple cracks emerging in global financial markets, the Federal Reserve may be forced to end its aggressive rate hikes “when something breaks” and to pivot by the end of the World Series this f...
Will the stock market be open on Columbus Day?
It’s a regular day of business for the U.S. stock market on Monday, October 10, as equity exchanges stay open for Columbus Day, a federal holiday that also has been recognized as Indigenous Peoples’ D...
Credit Suisse to repurchase $3 billion of debt securities
Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the start of the year and the...
‘We have the ability’ to pay off debt
Norwegian Cruise Line (NCLH) CFO Mark Kempa doesn’t see the cruise operator taking any drastic action to pay down the debt accrued during the COVID-19 pandemic. “As we look forward over th...
National Debt of United States of America Surpasses $31.4T
12 hours ago | 2 mins read Bitcoin News Recent estimates put daily debt growth in 2022 at $5.6 billion. US inflation reached a 40-year high, another factor in the hike in interest rates. The global sp...
US national debt now tops $31 trillion for the first time ever — here’s who the country owes
US national debt now tops $31 trillion for the first time ever — here’s who the country owes The gross national debt in America has hit new heights, surpassing $31 trillion, according to a U.S. ...
The stock market is wrong: the economy isn’t going to ‘blow a gasket’ just yet, warns economist
While this year’s sharp selloff in stocks might feel brutal, particularly after the carnage of September, the S&P 500 remains about 17.1% above year-end 2019 levels, according to Dow Jones Market ...
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion – Economics Bitcoin News
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The ne...
He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.
A Wall Street hat trick may not be on the cards, with stocks in the red for Wednesday. A two-day rally was never a guaranteed exit out of the bear woods anyway, as some say signs of a durable bottom a...
Argo Blockchain Continuously Sells Its Btc Holding To Pay Debt To Galaxy Digital
Argo Blockchain sold another slot of 887 Bitcoin holding in July 2022, amounting to $20.1Million. Argo Blockchain is a cryptocurrency mining company continuously selling its Bitcoin holding to p...
US national debt grows by almost $6 billion every day in 2022
The US national debt has long been considered sustainable due to prolonged low-interest rates; however, with continuous rate hikes, the US debt woes may worsen. Namely, the US debt exceeded $31 trilli...
U.S. National Debt Eclipses $31 Trillion For First Time
Topline America’s national debt surpassed $31 trillion for the first time this week, the Treasury Department said Tuesday, as the country battles high inflation and contends with rising interest rates...
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock inv...
Opinion: Your off-ramp for I-bonds is coming up soon if you bought the securities for their juicy 9.6% yield
You can hold on to Series I bonds for 30 years, but if you jumped in when the interest rate skyrocketed to 9.62%, you might be looking for an off-ramp well before then. If you were attracted primarily...
US Senator Concerned Over Growing National Debt; Applauds Bitcoin
Cynthia Lummis, a US senator, discussed her concerns in an interview with Hard Money’s Natalie Brunell. She praised that cryptocurrency is an asset among people for which the government is not liable....
Fed’s Williams sees steep decline in inflation ahead
Cooling global demand and steady improvements in supply should result in falling rates of inflation for goods over the next year, New York Fed President John Williams said Monday. “These factors shoul...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
This stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words about financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things t...
Treasury yields pull back sharply amid concerns over Credit Suisse
Treasury yields pulled back sharply on Monday as investors assessed worries over the financial health of a large European bank and a gauge on the U.S. manufacturing sector produced the weakest reading...
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation – Regulation Bitcoin News
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she ...
These money and investing tips can get your portfolio running again after September’s breakdown
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Forget the 4% retirement spend...
Opinion: How you can save $60k for a home down payment without risk or waiting forever
Yes, starting from zero and trying to save a bit each month will take a while. To put together that princely sum, you’d have to save $500 a month for around nine years in a high-interest savings accou...