Cathie Wood’s flagship exchange-traded fund finally closed below its early pandemic lows on Friday, after slipping below that line in intraday trading twice this week. The $7.1 billion ARK Innovation ...
Tag: Federal Reserve
The Stock Market Rebound Fizzled. Why a Real Bottom Could Be Forming Soon.
Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon. Consider: This pas...
Elevated CPI Report May Lock-In 0.75 Percentage Point Hike For November
Today’s CPI inflation numbers will do little to reassure the Fed ahead of their next meeting. (AP … [+] Photo/Manuel Balce Ceneta, File) Copyright 2022 The Associated Press. All rights res...
Cathie Wood Warns Against Extreme Fear Of Innovation Gripping The Market
The famed stockpicker is doubling down on her favorite “disruptive innovation” stocks despite a market drubbing. Jamel Toppin/The Forbes Collection Undeterred by the market selloff this year, Ark Inve...
Fed Acknowledges Rate Hikes Will Fuel Unemployment—But Warns Inflation Could Cause ‘Far Greater Economic Pain’
Topline Ahead of a critical inflation reading, the Federal Reserve on Wednesday indicated it would continue an aggressive interest rate hiking campaign until there was more clear evidence that inflati...
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace ...
Stocks Lower, Week Ahead, Tesla, Ford, Twitter-5 Things To Know
Here are five things you must know for Monday, October 10: 1. — Stock Futures Mixed As October Rally Faces Inflation Test U.S. equity futures edged lower Monday, while the dollar consolidated g...
Brace for Mortgage Rates to Climb Higher After the Jobs Report
Text size A housing development in Pearland, Texas. Brandon Bell/Getty Images The rising cost of buying a home has cooled the market this year. In a roundabout way, Friday’s jobs report will add to ho...
Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger ‘Failures’ Around Global Economy
Topline The Federal Reserve’s interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean the economy h...
U.S. Consumer Borrowing Has Reached Record Highs
Americans are holding record levels of debt. getty American consumers are more indebted than ever. The just recently released Federal Reserve Consumer Credit-G.19 report shows that U.S. consumer credi...
Markets See 0.75 Percentage Point Hike At November Fed Meeting
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, … [+] D.C., US, on Friday, Sept. 23, 2022. The Fed is expected to set interest rates again on ...
My 2 Favorite Dividend Stocks For Q4 2022
close up group of businessman use stylus pen for explaining dashboard about company’s profit monthly … [+] on tablet and businesswoman holding report paper for collaborate work at meeting ...
Dow Rises 800 Points In Historic 2-Day Stretch
Topline Stocks continued to rally Tuesday following one of their best trading days of 2022, as the market shakes off its worst fears that sent the market tumbling in September—though some warn the ral...
Coming CPI Inflation Reports Could Spike According To Most Recent Forecasts
Shopping in Rosemead, California on April 21, 2022. – US inflation reached a four-decade high of … [+] 8.5% in March, what will the October CPI report bring? (Photo by Frederic J. BROWN / ...
The World Is Far Too Creative and Dynamic for the Sclerotic Planning Theory That Is ‘NGDP Targeting’
In his speeches, George Gilder regularly makes a crucial point about creativity. The latter is, among other things, what economic planners can’t account for. There’s quite simply no telling what free,...
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
The Federal Reserve and other central banks risk pushing the global economy into recession followed by prolonged stagnation if they keep raising interest rates, a United Nations agency said Monday. Th...
Retail Recession – Biden Vs Trump: Self-Induced Or Fueled By The Feds?
Businessman grabs the head concept with business chart on scoreboard getty The economy tightens, election day approaches – and retail pundits wonder if trade policies developed by the Team-Biden...
Bond Market Turmoil Could Last a While. How to Ride It Out.
It is an exciting time for fixed income—and a terrifying one, too. Central banks are in the midst of the most dramatic tightening of monetary policy in a generation, which has helped push yields on so...
How Low Will the Stock Market Go? S&P 3300 Might Just Be the Start.
The stock market desperately wants to put in a low. The Federal Reserve won’t let it. You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains stro...
Why Is Consumer Confidence Ticking Up Again—And What Does It Mean For The Markets?
Getty Images Key takeaways The Conference Board’s Consumer Confidence Survey results show consumer confidence rising from 103.6 in August to 108.0 in September Consumers are also overall more positive...
The Most Recent Inflation Trend Matters The Most
Stones in calm water with evening sun getty On Wednesday, the Fed officially raised its rate target by three quarters of a percentage point, increasing the rate it pays on reserve balances to 3.15 per...
The Stock Market Is Reeling. How It Could Stop Falling Next Week.
Text size The S&P 500 is down 23% from its January peak. Getty Images After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set i...
On the Matter of Inflation, We Have a Problem of Definitions
With inflation we seem to have a problem of definitions. More specifically, everyone seems to want to give inflation a definition as opposed to accepting the definition. It’s the word equivalent of va...
Why Be Optimistic? Because Inflation-Fighting Isn’t The Fed’s Only Goal
Federal Reserve – Economy and monetary policy word collage. getty Those few articles that say the Federal Reserve wants to cause a stock market selloff are nonsense. Behind the Fed’s inflation-f...
The Stock Market Is Reeling. What to Watch This Week.
Text size The S&P 500 is down 23% from its January peak. Getty Images After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set i...
Ford Starts Its Biggest Bet Against Tesla, GM
Ford’s road (F) to future popular and stock market success rests on a big gamble in the form of a gigantic factory near Memphis Tennessee. The blue oval brand has set itself the ambition of p...
‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign of a looming economic slowdown after the Federal Re...
Tumbling Markets Imperil Tech, the Dollar, and Private Equity
Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap mo...