Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easi...
Tag: Interest Rates
Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation is cooling off, opening the door for the Federal Reserve to stop raising interest rates soo...
Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve will downshift to a 25 basis point rise in its policy interest rate at their upcoming interest-rate meeting and will work overtime to make sure that the market doesn’t get the idea...
‘Big Short’ Burry Suggests the Stock-Market Jump Is a Mirage
Michael Burry is a historic figure in investing. Many retail investors check his every word and social-media post in hopes of finding clues to good investment strategy. His stock portfolio is scrutin...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
Want To Know Where House Prices Are Heading In 2023? Watch Mortgage Rates
SAN FRANCISCO – JANUARY 30: A for sale sign is seen on a single family home January 30, 2008 in … [+] Vallejo, California. According to the California Association of Realtors in December s...
What To Expect From February’s CPI Inflation Numbers
US President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, DC, US, on … [+] Thursday, Jan. 12, 2023. US inflation continued to slow in December, adding to evidence ...
Stocks Mixed, Tech Earnings, Salesforce, AMD-5 Things To Know
Five things you need to know before the market opens on Monday January 23: 1. — Stock Futures Mixed As Market Eyes Tech, Dollar Slides U.S. equity futures traded mixed Monday, while the dollar e...
What To Expect From The Fed’s February Meeting
Jerome Powell, chairman of the US Federal Reserve will once again announce the Fed Funds rate on … [+] Feburary 1, 2023. A 0.25 percentage-point hike is expected. Photographer: Al Drago/Bloomber...
Watch the Federal Reserve’s Waller speak live on the economy and interest rates
[The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Governor Christopher Waller is scheduled to speak Friday at 1 p.m. ...
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of ...
Wholesale prices fell 0.5% in December, much more than expected; retail sales fall
Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease. The producer price index, which measures final demand p...
Top 10 Investment Themes For 2023
The overall theme for 2023 is “better days ahead.” getty My overall macro theme for 2022 was “still growing but yet slowing.” The theme proved to be relatively accurate, at lea...
What The Market Expects From Upcoming Fed Meetings
WASHINGTON, DC – The Fed has maintained a hawkish position on rates, but the market is not … [+] convinced. Early 2023 could see the Fed make small hikes before holding rates steady. (Phot...
Bitcoin Is On the Rise as Bulls Return
Bitcoin evangelists may breathe. They must tell themselves that their wildest predictions will probably come true. For several days now, prices of the most popular cryptocurrency have been on the ri...
When The Gold Dust Settled
UNITED STATES – APRIL 23: Gold dust on the scales, Klondike, Alaskan gold rush, Alaska, United … [+] States of America. (Photo by DeAgostini/Getty Images) De Agostini via Getty Images With...
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. Michael Nagle | Xinhua News Agency | Getty Images December’s monthly decline in the consum...
China’s reopening set to boost Hong Kong’s property market
In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The reta...
Consumer prices fell 0.1% in December, in line with expectations from economists
Inflation closed out 2022 in a modest retreat, with consumer prices posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer price index,...
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
Fed’s Bowman says there’s ‘a lot more work to do’ to bring down inflation
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saph...
Powell stresses need for Fed political independence on tackling inflation
Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech delivered to Swed...
Stocks Dip, Powell, Pfizer Oak Street, Microsoft-5 Things To Know
Five things you need to know before the market opens on Tuesday January 10: 1. — Stock Futures Slip Lower On Hawkish Fed Signals U.S. equity futures slipped lower Tuesday, extending a move from...
Consumers see inflation, and spending, cooling, New York Fed survey shows
People shop for goods at a Publix in Nashville, Tennessee, on December 22, 2022, ahead of winter storm Elliot. Seth Herald | AFP | Getty Images Consumers see the inflation burden easing while they ex...
Two More Rate Hikes Left From Fed, According To Markets
Markets believe the Fed may soon stop raising rates, with the most likely path two more hikes in … [+] 2023 (AP Photo/Kiichiro Sato, FILE) Copyright 2019 The Associated Press. All rights reserve...
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better than expected employment growth, doesn’t change his...
Opinion: Opinion: The debt ceiling is a farce, not a crisis
AUSTIN, Texas (Project Syndicate)—In his bid to become speaker of the U.S. House of Representatives, Kevin McCarthy apparently agreed to a demand, voiced by Republican Congressman Ralph Norman of Sout...