Dow closes down 1000 points, Nasdaq falls 3.9% after Powell warns of pain to households in inflation battle
U.S. stocks tumbled Friday, with the Dow Jones Industrial Average closing down more than 1000 points for its worst daily percentage drop since May, after...
U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’
The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the...
Why Mark Mobius thinks U.S. stocks haven’t bottomed — and where he sees emerging-market opportunities
U.S. markets have provided plenty of excitement this year to keep investors on their toes. But as badly as U.S. and European stocks have performed...
Forget the 1970s — this market is drawing comparisons to the 1870s
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s. According to Bank...
U.S. inflation expected to keep running hot: Traders see 4 straight months of roughly 9% or higher CPI readings
Just a day after Federal Reserve policy makers delivered their biggest rate hike in 28 years, the U.S. inflation outlook continues to look dire in...
Investors may be in for a rude surprise: History shows inflation can take years to return to normal even when the Fed hikes interest rates above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation —...
Biden plans to cancel $10,000 in student loans per borrower, announcement won’t come this weekend: report
President Joe Biden had planned to announce forgiveness for student loans as soon as this weekend as he gives a speech at the University of...
Top 1000 ETH Whales Are HODLing COMP, is DeFi Making a Comeback? By CoinQuora
[ad_1] © Reuters Top 1000 ETH Whales Are HODLing COMP, is DeFi Making a Comeback? The DeFi sector has been bearish, but investors seem to...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market is likely an amuse-bouche compared with the devastation on the menu for the bulls in the...
‘You don’t want to own bonds and stocks’ in this environment: Paul Tudor Jones
“‘You can’t think of a worse environment than where we are right now for financial assets…Clearly you don’t want to own bonds and stocks.’” —...