Stocks started slipping on Aug. 16, following a two-month rally, as investors began to grasp that the Federal Reserve likely wouldn’t soon pivot away from its interest-rate increases. After Fed Chairm...
Tag: Federal Reserve
Dow Falls 200 Points—Market Selloff Continues As Investors Worry About Higher Interest Rates
Topline The stock market moved lower once again on Monday—following a sharp selloff on Friday—as investors continue to worry about ongoing interest rate hikes and tighter monetary policy from the Fede...
U.S. Dollar Hits Two Decade High: Here’s What That Means
Topline The U.S. dollar hit a two-decade high on Monday, responding to Federal Reserve Chairman Jerome Powell’s comments that the central bank will continue to tackle inflation “forcefully”—signaling ...
The Federal Reserve Can’t Back Down on Inflation in the Face of Recession
Text size The prospect of recession is raising alarm among households, firms, and investors alike. Spencer Platt/Getty Images About the author: Carl Tannenbaum is the executive vice president and chie...
Bitcoin Drops Below $20,000 Amid Recession Fears
Topline Bitcoin dropped below $20,000 Saturday—trading at its lowest levels in over a month—after stocks sold off sharply Friday as investors pulled back from risky assets amid renewed concerns the Fe...
Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.
From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
Stock Market Today: Dow Futures Slip as Jackson Hole Speech From Fed’s Powell Looms
Text size Fed Chairman Jerome Powell’s speech scheduled for Friday has hung over markets all week. Drew Angerer/Getty Images Stocks were heading for losses Friday as a major catalyst loomed, wit...
How the Stock Market Performs After Jackson Hole, According to History
Text size The stock market’s traditional September swoon has been less pronounced in recent years. Photo by ANGELA WEISS/AFP via Getty Images The stock market usually performs well just after th...
Here’s Why The Fed’s Jackson Hole Symposium Isn’t A Big Deal For Investors
Topline While traders will be closely watching the Federal Reserve’s annual Jack Hole symposium for clues on future interest rate hikes, history shows that the event rarely moves markets in a big way ...
How Jackson Hole Could Revive the Stock Market Rally
Text size The market will be listening carefully to Fed Chairman Jerome Powell’s speech in Jackson Hole, Wy. Graeme Jennings-Pool/Getty Images The stock market has gotten itself into a better pl...
Has The Market Hit The Bottom Yet?
Downward chart getty On June 16,, 2022 I wrote a piece on Forbes saying, “Here comes the bottom.” Fortunately for us I was talking about a bottom not out of one. June 16 was actually the bottom. My pr...
The Stock Market May Have Just Sent an Important Signal
The slump in the stock market could continue while the dollar becomes stronger as Wall Street waits for Fed Chairman Jerome Powell’s speech later this week and as concerns about inflation and a slower...
Get Ready for a Tough September in markets.
Text size The S&P 500 has averaged a 1% loss in September—dating back to 1928—its worst month of the year. NYSE The stock market’s worst month—September—is approaching. This one could be particula...
Congress Should Give Fintechs Access To Fed’s Settlement Services
Future of financial technology concept businessman selecting fintech word getty Last week, the Federal Reserve released new guidelines for providing access to its master accounts and payment services,...
the week in crypto policy
Just as the week was wrapping up, news of a cease-and-desist letter from the Federal Deposit Insurance Corporation (FDIC) addressed to FTX and other crypto firms came out. Here’s a look at some ...
Stocks Lower, Week Ahead, Tesla, AMC, Gas Prices-5 Things To Know
Here are five things you must know for Monday, August 22: 1. — Stock Futures Slide On Growth, Inflation Worries U.S. equity futures slumped lower Friday, while the dollar extended its best weekl...
The Stock Market Couldn’t Handle the Uncertainty. It Better Learn How.
Text size It’s a market with big drops but big rips, as well, one that forces investors to accept low returns from index funds or try to take a more tactical approach. Michael Nagle/Bloomberg Call it ...
Despite What You’re Told, Banks Do Not ‘Create Money’
In addressing what’s ridiculous, it’s probably best to start with something basic. Let’s imagine you the reader possess $1,000 in cash. As the owner of those funds you have no limits on what you can d...
It Doesn’t Seem Imminent—But The Housing Market Collapse Deepens As Fed Officials Warn ‘Economy Will Slow’
Topline Cooling inflation has helped temper concerns of an imminent recession, particularly as the job market continues to show historic strength, but a worsening housing market collapse and vast unce...
The Bulls Still Own This Market. But Cracks Are Starting to Show.
Text size Riskier and more speculative pockets of the market have led the rally, which has coincided with a decline in bond yields. NYSE If it looks like a bull market and acts like a bull market, it’...
TheStreet’s Doug Kass: Don’t Be Fooled by Stock Rally
The stock rebound since mid-June has turned some investors bullish on the market. Doug Kass, a columnist for TheStreet.com’s Real Money Pro, isn’t one of them. “The swiftness and size of the rise in ...
Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...
Dow Futures Fall as Wall Street Parses Mixed Signals on Pace of Rate Hikes
Text size Investor focus remains on the Federal Reserve’s pace of future interest-rate increases. Spencer Platt/Getty Images Stock futures pointed to a lower start for Wall Street Friday as inve...
How Should It Affect Your Investment Portfolio?
A picture representing the recent inflation in U.S. currency. Getty Images Inflation is wreaking havoc on budgets across the nation. With the Consumer Price Index (a key indicator of inflation) hittin...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Banks should notify Reserve Board before engaging in crypto activity
The Federal Reserve Board released new information for banking organizations that want to engage in crypto-asset activities on Tuesday. Board-supervised banks should notify the board before engaging ...
Fed Minutes Lean on Inflation, Jobs Data For Rate Hike Direction
Updated at 4:20 pm EST The Federal Reserve is likely to use incoming data, as opposed to a preferred policy path, to determine the size of future rate hikes, minutes from the central bank’s July...
Fed Officials Pledge More Big Rate Hikes Until There Is A ‘Meaningful’ Decline In Inflation
Topline The Federal Reserve reaffirmed that it is unlikely to take its foot off the pedal as it continues to raise interest rates until inflation eases in a meaningful way, with officials indicating t...
Stock Market Crash Isn’t Over According To Indicator With ‘Perfect’ Track Record
Topline The stock market has minted a stunning rally amid hopes that the worst of the Federal Reserve’s interest rate hikes has passed and inflation has cooled, but Bank of America analysts on T...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Alan Greenspan’s Genius at the Federal Reserve Was In Hiding How Little He Knew
It’s a bit of unreported on history that will eventually vanish, but back in 2005 Ben Bernanke went on a “listening” and “courting” tour. This thoroughgoing Keynesian who believed deeply that economic...
Fed Chair Powell’s Comments Are Reason For Optimism, Not Fear
Federal Reserve Chair Jerome Powell (Photo by Win McNamee/Getty Images) Getty Images Forget Jerome Powell’s “pain” forecast and the stock market’s 1000-point drop. The signific...