Text size Chinese 100 yuan bank notes. Paul Yeung/Bloomberg While your attention probably was focused on that big takeover of a certain social-media site, the gyrations in the global currency markets ...
Tag: Federal Reserve
Bitcoin And Crypto Now Braced For A $9 Trillion Fed Earthquake As The Price Of Ethereum, BNB, Solana, Cardano, XRP, Terra’s Luna And Avalanche Crater
Bitcoin BTC and cryptocurrency prices have fallen along with stock markets this year as investors brace for a more hawkish Federal Reserve. Subscribe now to Forbes’ CryptoAsset & Blockchain ...
The Stock Market Isn’t Falling Like It Did In the 1970s—It’s Even Worse
Text size By the end of trading on Friday, the selloff had gotten worse and we were staring at the worst start to a year since the Great Depression. Spencer Platt/Getty Images It was the worst first f...
BofA Strategists Cut S&P 500 Projection
The S&P 500 has dropped 13% so far this year, and many experts are turning more bearish toward stocks. Bank of America strategists led by Savita Subramanian list some of the unanticipated negative...
The Bond Vigilantes Are Back, Overriding The Fed’s ‘Go Slow’ Policy
Bond vigilantes riding to the rescue getty Inflation is galloping, real yields are tanking and Federal Reserve heels are dragging. Wall Street’s bond professionals have seen enough. The lack of ...
Powell’s Plan To Exorcise Inflation Echoes Early 1980s Volcker Crusade
With few exceptions, stocks last week were savaged in the wake of comments made by Federal Reserve Chairman Jerome Powell that all but assured a half-point rate hike at the Federal Open Market Committ...
The Fed’s Interest Rate Hikes Could Be Even Worse Than Feared
Text size Federal Reserve Chairman Jerome Powell. Tom Williams/Pool/Getty Images Don’t fight the Fed has long been a Wall Street motto. But the nation’s central bank thus far has been a reluctant figh...
The 10-Year Treasury Yield Is Nearing 3%. That’s a Bad Omen for the Stock Market.
Interest rates may finally be getting real. To investors with a sense of history, the near-zero and even negative interest rates of recent years might have seemed unreal, and indeed were unprecedented...
Do Serious People Still Take Seriously the Fed and ‘Soft Landings’?
Who is the most productive 3-point NBA shooter over the last two years? The nature of the question should quickly reveal it as a trick one of sorts. In other words, the answer isn’t Steph Curry. But t...
BofA: Outflow from Stock Funds ‘Just Starting’
Stocks have struggled so far this year, with the S&P 500 losing 10%. Commentary from Bank of America strategists indicates more losses may be on the way. Global equity funds saw on outflow of $17....
Will The Fed Cause A Recession?
WASHINGTON, DC – NOVEMBER 30: Federal Reserve Board Chairman Jerome Powell testifies during a … [+] hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novem...
A Key Bond Yield Nears 3%. It’s a Bad Omen for Stocks.
Interest rates may finally be getting real. To investors with a sense of history, the near-zero and even negative interest rates of recent years might have seemed unreal, and indeed were unprecedented...
Dow Plunges Nearly 1,000 Points In ‘Brutal And Ugly’ End-Of-Week Market Selloff Spurred By Hawkish Fed
Topline The stock market plunged for a second straight day Friday as investors continued to digest the possibility that Federal Reserve officials will act more aggressively than expected—potentially r...
Fed’s Powell Puts Half-Point Rate Hike on the Table for May
Text size Fed Chair Jerome Powell will appear on a panel Thursday with European Central Bank President Christine Lagarde. Graeme Jennings/Pool/AFP/Getty Images Federal Reserve Chairman Jerome Powell c...
Four Stocks To Buy In The Teeth Of The Small-Stock Debacle
MarineMax boat (Photo by Aaron Davidson) Getty Images for Miracles in Miami The small-stock slaughter continues. In the 12 months through April 14, small stocks fell almost 10%, while large stocks ros...
Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers
Topline Despite a decent start for earnings season, Wall Street experts are increasingly warning that corporate profits are likely to take a hit as inflation remains a “headwind” to economic growth an...
Monetarism Imagines a World That Doesn’t Exist…And That Never Has
Last Monday Johns Hopkins economists John Greenwood and Steve Hanke penned an opinion piece for the Wall Street Journal that made a confident case for the Federal Reserve as planner of so-called “mone...
Utility Stocks Are Hot Right Now. Here’s Why.
Text size A Dominion Energy solar-power facility in Selmer, Tenn. Daniel Acker/Bloomberg Higher bond yields are roiling the stock market. Utility shares have benefited—and it doesn’t look like their r...
Selling Your Stocks in May and Go Away Could Be the Best Strategy This Year
Text size A trader at the New York Stock Exchange. Michael M. Santiago/Getty Images This could be the year to follow the adage: Sell in May and go away. It was a pretty lousy holiday-shortened week. T...
Why a Yield Curve Inversion Might Actually Be Good News for Investors
Text size Dreamstime About the author: Ashwin Alankar is the head of Global Asset Allocation at Janus Henderson Investors. The recent trend by the market to frame new developments in a negative light ...
How Long Will It Persist?
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images) Getty Images The Bureau of Labor Statistics released its monthly inflation report this week showing ...
What’s Behind The Recent Dow Jones Stock Market Performance?
getty Key takeaways Last week, the stock market declined following the release of the Federal Reserve’s March meeting minutes The Dow Jones Industrial Average kicked off this week with additional loss...
Central Bank Digital Currencies Are About Control – They Should Be Stopped
Photo taken on July 15, 2021 shows the U.S. Federal Reserve in Washington, D.C., the United States. … [+] U.S. Federal Reserve Chair Jerome Powell said on Thursday that he was “legitimatel...
Experts Believe Inflation May Have ‘Peaked,’ But Prices Will Remain Elevated This Year
Topline Despite consumer prices hitting a new four-decade high last month, the latest data show several signs that prices may be moderating slightly, with economists now predicting that inflation may ...
Markets Are Ignoring 8.5% Inflation Spike And Watching This Number Instead
Topline The stock market moved higher on Tuesday, even after consumer prices spiked 8.5% in the 12 months ending in March, as some investors hope that inflation is showing signs of moderating, with co...
Dow Falls 400 Points As 10-Year Treasury Yield Hits Highest Level Since January 2019
Topline Stocks fell on Monday as government bond yields surged—with the 10-year Treasury jumping above 2.7%, its highest level since January 2019—amid ongoing fears about inflation, with investors dum...
Municipal Bonds Are Down So Much That They’re Buys Again
Text size Al Drago/Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at l...