Retiring is usually accompanied by celebrations and relaxation, but recent market volatility is adding a measure of doubt for those nearing or at the start of their retirement. That volatility, couple...
Tag: Economic News
Chinese E-Commerce Companies Suffer as Economy Sours
Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...
IRS Says It Exposed Some Confidential Taxpayer Data on Website
WASHINGTON—The Internal Revenue Service inadvertently posted what is normally confidential information involving about 120,000 individuals before discovering the error and removing the data from its w...
Bonds Are in a Bear Market. How to Play What Happens Next.
Text size A shift in Federal Reserve monetary policy has helped ratchet up bond yields, hitting prices. Anna Moneymaker/Getty Images Red-hot inflation and rising interest rates have hammered the globa...
The Other Doomsday Scenario Looming Over Markets
By James Mackintosh Sept. 3, 2022 10:00 am ET Listen to article (2 minutes) Think inflation is the biggest threat to your investments? Perhaps not: One fund manager that successfully navigated the pas...
‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year
With summer winding down, the U.S. stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief U.S. strate...
Why an epic U.S. dollar rally could be a ‘wrecking ball’ for financial markets
The U.S. dollar is on a tear, hitting historic highs versus major rivals and sending ripples through global financial markets as investors see the Federal Reserve pressing interest rates higher in its...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
The Stock Market Looked Ready to Recover Before Falling Apart. What Went Wrong.
Text size Jonathan Alpeyrie/Bloomberg August’s payrolls data was greeted with chants of “Goldilocks” for being not too hot and not too cold. Investors, however, forgot that “Goldilocks and the Three B...
After a Brutal Bond Selloff, Opportunities Have Emerged for Income Investors
For many years, dividend stocks were one of the few places where investors could find decent yields in a world of ultralow rates. A 10-year Treasury bond was dealing out an emaciated 1.3% a year ago, ...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
Sears Gets Green Light to Wrap Up Bankruptcy Case After 4 Years
A bankruptcy judge signed off on a $180 million settlement of a Sears Holdings Corp. creditor lawsuit against former Chairman Edward S. Lampert and other executives, clearing the final hurdle for the ...
What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro
With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again car...
‘Should I wait until the market calms down or pull the trigger now?’ I’m tired of my brokerage charging 1%, and I want to move my money now, but don’t want to lock in losses. What’s my move?
Is 1% too much to pay? Getty Images/iStockphoto Question: My current brokerage account charges 1% and also has high-priced funds so I’m thinking of moving my money. My question is should I wait until...
September Could Be Even Worse for Stocks. How to Survive the Downturn.
Text size Traders are hoping the Friday jobs report will be cooler than expected, which would ease the pressure on the Fed to push rates up so quickly. NYSE The stock market could have a tempestuous S...
Jeremy Grantham warns ‘tragedy’ looms as stock ‘superbubble’ may burst
A “superbubble” appears dangerously near its “final act” after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham...
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Listen to article (1 minute) One of China’s largest developers said the country’s property market has tumbled into a severe depression, using some of the strongest language yet to describe the yearlon...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range o...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
Morgan Stanley warns this corner of the credit market could be first to implode as interest rates rise
Now that Federal Reserve Chairman Jerome Powell has made it abundantly clear that the Fed has no plans to slow the pace of interest-rate hikes, some bond-market experts are warning that the most specu...
This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says
Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities look set for another battering, on Monday. “You can’t have the stock market collapse ov...
2-year Treasury yield hits highest level since 2007 as bond selloff continues
Treasury yields continued to climb on Monday, with the 2-year reaching levels not seen since November 2007, as bonds tumbled in the wake of Federal Reserve Chairman Jerome Powell’s hawkish remarks at ...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...