Strategist who loves challenging consensus sticks by call for 8% fed-funds rate
Dominique Dwor-Frecaut, a former associate with the New York Fed and outlier from the rest of the financial-market pack, is standing by a bold call...
Biden says CPI report shows U.S. has made progress on inflation and ‘on the right track’
President Joe Biden on Tuesday said a fresh report on the consumer price index reflected progress but there was still more work to do. “Today’s...
6-month T-bill rate surpasses 5% as Treasury yield curve goes more negative following January inflation data
The 6-month T-bill rate rose past 5% on Tuesday after the U.S. consumer price index report for January TMUBMUSD06M, 5.009% showed inflation to be sticky...
Deutsche Bank says there’s a 90% chance of recession. But, without one, S&P 500 can get to 5,000.
One of Wall Street’s most pessimistic banks is conceding that the economic outlook has improved. But Deutsche Bank, in a new update of its house...
Spread between 2- and 10-year Treasury yields is on pace for its deepest inversion since October 1981
The Treasury curve, as measured by the spread between 2- and 10-year yields, headed for its deepest inversion in more than 41 years on Thursday....
U.S. could be heading into period of ‘transitory disinflation,’ traders and strategists say
Hopes for a further decline in U.S. inflation this year are giving way to a risk seen in some corners of the financial market that...
Gold futures end higher, with the U.S. dollar lower in the wake of Powell’s remarks
Gold futures climbed on Tuesday, posting a second straight session gain, with prices finding support from some weakness in the U.S. dollar as Federal Reserve...
Gold prices finish higher after falling to a 3-week low
Gold prices finished a bit higher on Monday after tumbling to their lowest level in three weeks following Friday’s surprisingly strong jobs report, which helped...
Gold prices rebound after hitting 3-week low
Gold prices rebounded on Monday after tumbling to their lowest level in three weeks following Friday’s surprisingly strong jobs report, which helped send Treasury yields...
Biden economic adviser Deese is stepping down
President Joe Biden on Thursday said Brian Deese, who heads the White House’s National Economic Council, is departing. Biden said in a statement that he’s...