What Fed Chair Powell Can Say To Keep Stocks Rising – Or Eliminate It

Whatever Federal Reserve Chair Jerome Powell says when he takes to the podium on Wednesday, it will likely have repercussions for financial markets. But what do stock investors need to hear from the Fed chief to keep the rally going? Market strategists who spoke with MarketWatch had some ideas. More importantly, anything Powell says to … Read more

High yields cast a shadow over stocks and outweigh profits

The 10-year US Treasury yield is at its highest level since July 2008 Netflix jumps after reversing customer losses Procter & Gamble, travelers post upbeat earnings PHLX housing index down on weak US housing data Dow Jones down 0.54%, Standard & Poor’s 500 down 0.83%, Nasdaq down 1.02% NEW YORK (Reuters) – U.S. stocks fell … Read more

Wall Street closed lower as the Fed pound exchange rate rose

Oil prices add to inflation problems after OPEC+ production cut Weekly jobless claims in the US increased more than expected Indices down: Dow Jones down 1.15%, Standard & Poor’s 1.02%, Nasdaq 0.68% Oct 6 (Reuters) – Wall Street’s main indexes closed lower on Thursday as concerns mounted ahead of closely watched monthly nonfarm payroll numbers … Read more

Wall Street records its third consecutive quarterly loss with rising inflation and a looming recession

S&P 500 records biggest September percentage drop in 20 years All three major US stock indexes have fallen in three quarters Core inflation data is hotter than expected Indices down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK (Reuters) – The Standard & Poor’s 500 Index on Friday closed its biggest September drop in two … Read more

Wall Street ends sharply lower. Investors are worried about the economy

The S&P 500 index reached its lowest level in nearly two years Airlines and cruises canceled due to Hurricane Ian Carmax drops after missing Q2 forecast End of Indices: S&P 500 -2.11%, Nasdaq -2.84%, Dow -1.54% (Reuters) – Wall Street closed sharply lower on Thursday on concerns that the Federal Reserve’s fierce battle against inflation … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

The next financial crisis may already be ripe, but not as many expect

A growing number of traders, academics and bond market experts are concerned that the $24 trillion US Treasury debt market may be headed for a crisis as the Federal Reserve begins its “quantitative tightening” at full speed this month. With the Fed doubling the pace that its bond holdings will “roll” its balance sheet in … Read more