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The euro rose further away from a monthly high on Wednesday, and the US dollar jerked up, lifted by higher government interest rates as global inflation concerns flared up again. The dollar index, which measures the currency against six major peers, including the euro, rose 0.2% to 101.96, extending Tuesday’s gains as data showed euro … Read More “The dollar rose against the euro, while bitcoin fell 0.9% to $ 31,467” »
A little cheering before the summer finally filtered into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Averages first winning week since late March to convince rattling investors that the pain is a thing of the past. What happened? Real interest rates or inflation-adjusted … Read More “Why the Dow finally jumped — and what it takes to prove that’s right” »
What does the Fed rate hike mean for your wallet | Fortune You need JavaScript enabled to view it.
Providing childcare support can help solve inflation | Fortune You need JavaScript enabled to view it.
Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his investment-research firm’s economic models turned bearish on stocks and bonds. That defensive move was the result of Hedgeye’s models getting an early jump on a shift in the US economic … Read More ““The Fed always screws up.” This forecaster sees inflation peaking and US stocks in a bear market by summer” »
The probability of a recession is high, but that’s not the most likely economic outcome | Fortune You need JavaScript enabled to view it.
Sharp decline in HDFC Twins amid profit booking and trimming of positions in IT stocks by investors ahead of the Q4 earnings dragged the benchmarks lower for the second straight day on Wednesday. A weak trend in global markets amid hawkish signals from the US Federal Reserve and the upcoming monetary policy meet of the … Read More “Sensex falls 566 points after hawkish Fed commentary” »
Over a year ago, when the Fed and its friends were still talking about inflation being transient, I had commented that when US inflation reached 8%, both the Federal Reserve and the market would get spooked. And here we are, with US inflation hitting 7.9% in February, and sure enough, US equities that had already … Read More “Beating down inflation: Let’s call Paul Volcker” »
Investors stand in front of an electronic board showing stock information at a brokerage house in Shanghai, China, February 15, 2016. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. Global markets surged overnight as traders hailed China’s … Read More “Morning Bid: “What a mess”” »
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $ 9 trillion balance sheet to help cool US inflation pegged at a 40-year high, the process might not be as straightforward as its two-year growth streak, according to Edward Al-Hussainy, a senior … Read More “How the Federal Reserve could cut its near $ 9 trillion balance sheet as it fights inflation” »
