Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...
Tag: Federal Reserve
Fed Raises Interest Rates By 75 Basis Points Again As Investors Brace For Recession
Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in nearly three decades to help temper the nation’s stubbornly high inflation, raising i...
Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings
Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...
A Fed Rate-Hike Surprise Could Be a Problem for Stocks
Text size The Federal Reserve continues to play catch-up in its fight against inflation, and there’s no doubt that interest rates are headed higher after its meeting ends on Wednesday. Chip Somo...
Economist Roubini: ‘Severe’ Recession, Financial Crisis Coming
The economic outlook is murky now. It’s difficult to know when inflation will peak, when it will fall in earnest and thus how far the Federal Reserve will ultimately lift interest rates. It’s also unc...
Expect Two Recessions, and a Quick End to the Fed’s Interest-Rate Hikes
Forward guidance sounds like a great idea. Central bankers should lay out their longer-term goals to influence financial markets. Just as hockey great Wayne Gretzky would skate where the puck was head...
The Stock Market Is Entering Its Weakest Months. What to Watch Out For.
Text size Russia restarted natural-gas flows to Western Europe through Nord Stream 1, but President Vladimir Putin can shut it down again. Olga Maltseva/AFP/Getty Images Bad news on the economy was go...
Is the Stock Market Going Up? It Depends on the Definition of Recession.
Text size Tradersat the New York Stock Exchange. Seth Wenig/AP Not since Bill Clinton testified about the meaning of the word “is” has so much hinged on the meaning of one simple word. The word is “re...
Apple and Microsoft Report Earnings Next Week. Can a Fed Rate Hike Top Them?
Text size Earnings from Big Tech are next week. But so is the Federal Reserve’s announcement on interest rates. Krisztian Bocsi/Bloomberg Big Tech earnings season will shift into fifth gear next...
Bull Stock Market Arrives As Optimism Returns
A trader smiles and gestures another for a high-five at New York Stock Exchange (Photo by Chris … [+] Hondros) Getty Images Optimism? Really? Yes. Widespread media omens always occur just as the...
It’s a Bear-Market Rally. Whether it Lasts Depends on the Fed.
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Powell the Volckerizer? Intraday Strategy Edge Eve...
Expect Two Recessions, and a Quick End to the Fed’s Hikes
Forward guidance sounds like a great idea. Central bankers should lay out their longer-term goals to influence financial markets. Just as hockey great Wayne Gretzky would skate where the puck was head...
EU, US swap policy intel on European crypto regulation, stablecoins
The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...
Here’s What Another China Lockdown Could Mean For The U.S. Economy
More Covid lockdowns in China would be “another headache” for the Federal Reserve in its battle against inflation, experts say, though global supply-chain bottlenecks are easing. If there’s any indica...
Inflation Dynamics Point To A Slowdown
Various components of the CPI (like used cars) could dampen inflationary rise getty Inflation often gets reduced to a simple number (9.1%), but its dynamics are complex. Moreover, among the components...
The Stock Market May Have Hit Bottom. Here’s Why.
Text size Commodity prices have tumbled in the past month, with oil and copper down 17% and 33%, respectively. Michael M. Santiago/Getty Images It never feels good when the stock market turns big gain...
Buy Healthcare Stocks To Beat Surprise Scourge Of Deflation
Investors should be weary of what the downturn in key commodity prices portends. While the large … [+] investment research firms worry about inflation, deflation is going to be much worse for co...
Dow Jumps 300 Points After Solid Earnings From Goldman, Bank Of America
Topline The stock market rallied on Monday to kick off a big week of earnings as the latest quarterly results from big banks provided further clues about the health of the economy, with investors now ...
Fed’s Bullard Raises Target for Year-End Funds Rate
Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...
The Biden-Harris Inflation Plan Is More Rhetoric Than Real
President Joe Biden and Vice President Kamala Harris share pleasantries. (Photo by Chip … [+] Somodevilla/Getty Images) Getty Images Since the latest inflation news was abysmal and because the p...
Fed Finally Is Focusing on the Big Picture in Inflation Fight
Text size A modest decline in gasoline prices has raised some hope that inflation is abating. Gene J. Puskar/AP/Shutterstock “Don’t fight the Fed” has long been the mantra of investors. As the U.S. ce...
Stock Market Had Finished Up on Friday. It’s Still a Bear Market.
Text size The S&P 500 has had many chances to rally, and has missed all of them Angela Weiss/AFP/Getty Images Hope springs eternal, even during a bear market. Just don’t make the mistake of gettin...
Dow Jumps Over 600 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks surged higher on Friday—recouping some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost from stronger...
Dow Jumps 400 Points After Strong Retail Sales, Mixed Bank Earnings
Topline Stocks opened higher on Friday—attempting to recoup some of their losses from this week—as investors assessed the latest batch of corporate earnings from major banks and markets got a boost fr...
The S&P 500 Has a New Price Target. The Market Is Getting Dicey.
Text size Bank of America’s strategists believe that earnings forecasts will fall, bringing stock prices down with them. Amir Hamja/Bloomberg Bank of America strategists lowered their price targ...
Cathie Wood: Recession Is Already Here; Deflation, Too
Investor Cathie Wood, chief executive of Ark Investment Management, on July 12 reiterated her view that we’re suffering from deflation, not inflation. And she said we’ve already entered recession. The...
Fake Inflation Report Circulates, Sending Stocks Spiraling
NORTH MIAMI – FEBRUARY 20: Evelyn Bonilla shops for groceries at Lorenzo’s Supermarket as a new … [+] government report showed that consumer prices rose last month Februrary 20, 2008...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
Legendary Financier Bill Gross Blames These Two Factors for Inflation
For several weeks now, consumers have been taken in by a bad surprise. When they arrive at the checkout, the bill for their groceries has risen sharply and is nothing like the cost of the same produc...