Times News Network
Text size A copper smelter in Jinhua, China. Copper prices, often a signal of where the economy is headed, fell 6% this past week. Top Photo/Sipa USA/Alamy The stock market has predicted nine of the past five recessions, economist Paul Samuelson famously quipped back in the 1960s. A half-century later, is the stock market driving … Read More “Stocks Break Out. There Are Signs Inflation and Interest Rates May Peak Sooner.” »
Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read More “I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now” »
Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read More “Stocks Historically Don’t Bottom Out Until the Fed Eases” »
Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read More “Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week” »
Text size Dreamstime It may be time for investors to return to one of the oldest of portfolio management tools to cope with the new bear market. That would be the traditional combination of 60% stocks and 40% bonds, which for years had been a marvelous recipe for strong returns with reduced risk. Steadily declining … Read More “The 60/40 Stock and Bond Strategy’s Time Has Come Again” »
Investors are anxious the stock market may be facing an earnings recession, potentially leading to deeper losses after the S&P 500 index just suffered its worst week since March 2020. “It’s pretty clear that earning estimates are probably going to come down after rising since the first of the year,” said Bob Doll, chief investment … Read More “Why stock-market investors are ‘nervous’ that an earnings recession may be looming” »
The Friday before the Federal Reserve’s interest-rate decision will be most remembered for the surprise acceleration in consumer prices, which took inflation to a fresh 40-year high. But there was another piece of data released that day that seemed to have weighed at least as much on the minds of Federal Reserve policymakers — the … Read More “Here’s the comment from Powell that could make it hard for the Fed to slow down the pace of interest-rate hikes” »
Worried about a recession? Here are some tips from pros Getty Images/iStockphoto Many economists say the United States will fall into a recession next year, according to a new poll by the Financial Times and the University of Chicago’s Booth School of Business. Indeed, 70% of the 49 economists polled said they thought we’d declare … Read More “70% of economists say America is headed for a recession: poll. How to invest now” »
In this series, we ask a variety of real estate economists what they think buyers and sellers should know about the housing market now. National Association of Realtors As mortgage rates inch upwards (you can see the lowest mortgage rates you may qualify for here) and home prices keep climbing, many aspiring buyers are wondering: … Read More “What the chief economist National Association of Realtors thinks of the housing market” »
Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on interest rates, due out on Wednesday. At 6:15 p.m. Eastern time, futures for the Dow Jones Industrial Average fell 133 points, … Read More “U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week” »
