Text size Market chaos has hit stocks, bonds, commodities, currencies, and futures. It’s hard to see it ending soon. Michael M. Santiago/Getty Images It’s a bumpy, volatile, no good, very bad market o...
Tag: Federal Reserve
On Home Prices, Powell Forecasts A Correction, What Is He Seeing?
| Getty Images Key Takeaways Home sales are down 20% from a year ago, leading to optimism from those looking to get into the real estate market. Economists predict home price growth to stall in 2023. ...
These Are the 7 Worst Housing Markets, According to Lennar
Higher mortgage rates have cut into home sales at a national level—but, as the saying goes, all real estate is local. Lennar , the nation’s second-largest builder by market capitalization, on Thursda...
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
Fed Hikes Rates By 75 Basis Points—Here’s Why It’s Not All Doom And Gloom For Investors
Near-term risks remain high, but investors who stay focused on the long-term have historically been rewarded. Manuel Balce Ceneta/Associated Press In a widely expected move on Wednesday, the Federal R...
Fed Raises Rates Another 75 Basis Points—Pushing Borrowing Costs To Highest Level Since Great Recession
Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in three decades, raising interest rates by another three-fourths of a percentage point and pu...
In The Fed’s Inflation Fight, Biotech May Be The First Casualty
Serious thought should be given to the effect the anticipated Federal Reserve 0.75% rate hike will have on the biotechnology industry and consequently on the health of the nation. Given we are in the ...
Voters skeptical of Federal Reserve digital currency, poll finds
More than half of voters in Senate battleground states oppose a digital currency issued by the Federal Reserve, according to a new poll commissioned by a conservative group. The new survey comes as t...
Dow Falls 400 Points As Fed Readies Another Interest Rate Hike—Fueling Extreme Investor Bearishness
Topline Stocks fell in early trading Tuesday as Federal Reserve officials kicked off their long-awaited policy meeting, which is expected to conclude on Wednesday with the third consecutive 75-basis-p...
Elon Musk Warns Again About Troubles Ahead
Elon Musk is worried about the future of the economy. The CEO of electric vehicle maker Tesla (TSLA) has been repeating for the past few days his fears about what awaits the economy as the Federal ...
Bitcoin Slumps to Lowest Since Late 2020, Ether Tumbles on Fed Jitters
Text size Bitcoin, the world’s largest cryptocurrency, has declined nearly 60% this year. Dreamstime Bitcoin fell Monday and other cryptocurrencies followed it lower ahead of what’s expected to ...
Key Inflation Figures From The Institute For Supply Management (ISM) That Investors Need To See
| Getty Images Key Takeaways The ISM Manufacturing Index is a leading indicator that shows the health of the manufacturing industry. Current signs are pointing to inflation beginning to ease slowly. I...
Whither Real Estate
(Photo by Justin Sullivan/Getty Images) Getty Images There can be little doubt that for as long as the Federal Reserve (Fed) remains committed to its anti-inflation tightening policies, housing – sale...
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—...
Big Regional Banks Might Face New Rules for Dealing With a Crisis
WASHINGTON—A group of President Biden-appointed bank regulators are considering new rules to require large regional banks to add to financial cushions that could be called on in times of crisis. The s...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Put Away the Smelling Salts, the Fed Doesn’t Threaten Washington’s ‘Solvency’
Russia presently has total government debt of $190 billion. The U.S. can claim total debt somewhere north of $30 trillion. Are the Russians “Classical” in economic thought relative to the Keynesianism...
The U.S. Consumer Is Running on Fumes, Say These Strategists
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. The Poor(er) U.S. Consumers The Week in 60 Seconds...
The Economy Is Slowing Down. What It Means for the Fed.
Fed Chair Jerome Powell has warned that the central bank’s tighter monetary policy will be painful. The latest data confirm he’s right. Ting Shen/Bloomberg Text size For Jerome Powell’s Fe...
September Fed Meeting Expected To Deliver 75bps Hike
WASHINGTON, DC – JANUARY 29: The Fed will meet to set interest rates, announcing its decision on … [+] September 21, the markets currently expect a 75bps hike (Photo by Samuel Corum/Getty ...
Why Is the Stock Market Down? It Knows the Worst Is Yet to Come.
Text size NYSE From a certain point onward, there is no turning back. The stock market reached that point this past week. Oh, the market was hopeful, entering the week, that inflation had reached its ...
Two-Year Treasury Spikes, Signaling ‘Severe Economic Slowdown’
Markets in decline as the inverted yield curve in the U.S. just became even more inverted. (Photo … [+] by Spencer Platt/Getty Images) Getty Images The inverted yield curve is now even more inve...
Markets Are Spooked by Inflation. Cathie Wood and Elon Musk See a Bigger Issue
It’s no secret that investors are worried about runaway prices for goods and services, with the stock market on track to post its worst weekly run since mid-June and also nearing its worst performance...
Here’s What Happens To Stocks When The Fed Raises Rates By 100 Basis Points
Federal Reserve Chair Jerome Powell Brendan Smialowski/Pool via ASSOCIATED PRESS Stocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged...
Cash Is No Longer Trash. T-Bill Yields Near 4%.
Text size After years of yielding near zero, cash is suddenly a better investment. Eva Hambach/AFP via Getty Images Cash is no longer trash. For the first time in 15 years, investors can get nearly 4%...
Elon Musk Reiterates His Worst Nightmare for The Economy
The markets are slumping as investors worry about the consequences of the Federal Reserve’s aggressive interest-rate hikes, designed to fight an inflation rate that’s the highest in 40 yea...
Inflation Is Sticker Than It Looks. Consider the Cleveland Fed’s Data
Text size The food index increased by 11.4% year over year in August, according to the government’s latest CPI release. Brandon Bell/Getty Images Inflation is sticky — and even stickier than it ...
S&P 500 Faces Biggest Drop This Year As Inflation Remains Stubbornly High
Topline Stocks tumbled throughout the day Tuesday after last month’s inflation report logged a steeper-than-expected jump in consumer prices, as investors worry the Federal Reserve will keep raising i...
Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I...