The Bulls’ Worst Recession Fear: There Won’t Be One

“There ain’t gonna be no recession,” Pierre Rinfret, an economist who once advised the Nixon administration, confidently declared in December 1969. Better at attracting publicity than forecasting, he ...

Don’t Expect the Stock Market to Rally, Even if GOP Wins Control of Congress

The outcome of the midterm elections on Nov. 8 could disappoint investors, regardless of which party they support. According to Wall Street lore, stocks usually perform strongly following the midterms...

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...

Bulls Get Scorched by FedEx. Don’t Expect the Fed to Help.

Text size FedEx’s disappointing earnings and unexpectedly weak guidance were key factors in this past week’s stock market swoon. David Paul Morris/Bloomberg The stock market faces a doubly poisonous c...

This Rally Could Force the Fed to Raise Rates Higher

The markets make the news, not the other way around, an insight that has been quite humbling to one who has made a living by reporting and analyzing the impact of news on financial markets. Consider t...

How Low Could the S&P 500 Sink? According to History, 3000.

Text size The fall in stock and bond prices has cut household wealth by as much as $8 trillion in 2022. Justin Lane/epa-efe/Shutterstock The stock market had a near-bear experience, which might be the...

The Bear Nears and Might Not Exit Stocks Until the S&P Sinks to 3000

Text size The fall in stock and bond prices has cut household wealth by as much as $8 trillion in 2022. Justin Lane/epa-efe/Shutterstock The stock market had a near-bear experience, which might be the...

Inflation, Interest-Rate Jitters, and Putin Are Brewing a Fierce Storm for the Stock Market

Text size A Ukrainian soldier in the Kharkiv region near the Russian border. Will Putin pull the trigger on an invasion? Sergey Bobok/AFP/Getty Images We were waist deep in the Big Muddy, and the big ...