The U.S. Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, restricting one of the strategies President Vl...
Tag: Economic News
A big shift is under way for markets, and old Warren Buffett shareholder letters point to which companies will survive
Given a war and inflation have marked the start of 2022, investors would be forgiven for holding their breath over the rest of the year’s offerings. Our call of the day from a team at Saxo Bank sees a...
Why GM and Ford Stocks Have Driven Off Course
Are high gas prices and rising interest rates hitting demand for gas-guzzlers? Sales data don’t offer much of an answer these days, leaving investors to fear the worst. On Monday, Ford Motor reported ...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed, such ...
My wife and I have $750,000 in savings and earn over $144,000 a year. Can we afford to spend $5,000 per month on housing?
Financial advisers recommend spending no more than 30% of take-home pay on housing. I have always lived by this rule and now have $750,000 in cash savings. But now I need to make a big move. Is there ...
Discovery, Merck, Carnival, Broadcom, and Other Stocks to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Discovery, Merck, Carnival, Broadcom, and Other Stocks for Investors to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Defense Stocks Rose With the Ukraine War. Then a Tight Proposed Budget Set Them Back.
Elias Stein Text size Defense stocks took a surprising blow after a proposed defense budget was released last week. The Biden administration asked Congress for $773 billion to fund defense for fiscal ...
Fed’s Williams says could begin reducing balance sheet as soon as May meeting
The Federal Reserve may begin reducing its balance sheet as soon as its May 3-4 policy meeting to address the level of U.S. inflation that have become “particularly acute,” New York Fed chair John Wil...
Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.
For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...
What 10% inflation could look like for junk bonds: BofA
What happens to companies financed in the booming high-yield or “junk-bond” market on the off chance that U.S. inflation pegged at 7.9% in February soars to 10% and stays there? That’s a question Oleg...
Inverted Yield Curve Could Be Sending a Bogus Recession Warning
No topic has dominated the investment conversation lately as much as the yield curve. While it’s an arcane matter to most folks, we in the financial sphere have been thrown into a tizzy by this indica...
As the Fed Raises Interest Rates, and Other Central Banks Don’t, What Will That Mean for U.S. Stocks?
The Federal Reserve’s recent decision to begin raising interest rates stands in contrast to many other central banks around the world, which are keeping their baseline interest rates flat or lowering ...
Stocks for the Recession That May—or May Not—Be Coming
Text size Exelon stock offers a little bit of offense to go with its defense. Dreamstime The yield curve briefly inverted this past week—and that’s a recession signal that is either like Paul Revere’s...
Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser
“‘Any action on Keystone wouldn’t actually increase supply, and it would transmit oil years in the future.’” — National Economic Council Director Brian Deese That’s the White House’s top economic advi...
My husband and I bought a retirement condo in 2008, and he died two years later. The condo is worth $50,000 more than we paid. Should I sell it now or wait?
Dear MarketWatch, I have a condo in Palm Desert, Calif., that my husband and I were going to retire to. We also have another primary residence in nearby Riverside. We bought the condo in 2008 for $363...
Biden’s Wealth Tax Proposal Would Target More Than Billionaires
Text size President Joe Biden’s new budget proposal includes a wealth tax it says would target the top 0.01% of households. Anna Moneymaker/Getty Images About the author: Thomas Hoenig is a dist...
The Fed Has Begun Raising Interest Rates. Here’s When It Will Start to Cut.
Text size The Fed is battling inflation. Gasoline prices are a big part of the problem. Joe Raedle/Getty Images Financial markets deserve their reputation for focusing on the future. Investors are loo...
Why a ‘1970s-style’ inflation spiral is a growing threat, according to a major hedge fund
One of the world’s largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report. “This combination of high inflation, tight labour markets, and u...
Missed the Dip in Stocks? Where to Find Yields of 3% to 6%.
I sneezed, and missed the buying opportunity in stocks. The S&P 500 was down 13% at one point this year. It ended the first quarter with a loss of just 4.6%, including dividends. But all of the ba...