True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Lunar New Year 2024: What history says about stock market, gold in Year of the Dragon
The Year of the Dragon usually promises a tapestry of prosperity and strength for the U.S. stock market, suggesting the recent rally that has brought...
Nvidia’s now worth as much as the entire Chinese stock market
With one going up and the other down, Nvidia is now worth as much as the entire Chinese stock market, represented by the H shares...
In a ‘grabby market,’ start looking at cash and gold, says DoubleLine’s Gundlach
““I think [investors] are grabbing at assets on a limited basis.”” — Jeffrey Gundlach, DoubleLine Capital founder Billionaire hedge-fund manager Jeffrey Gundlach said he’d consider...
Artificial-intelligence boom could lead to Dow surpassing 100,000 in a decade
U.S. stocks are off to a rocky start in 2024, and across Wall Street, analysts have been grumbling about the high bar that America’s largest...
The Hottest Property in Gold Mining Is Copper
ADELAIDE, Australia—Gold miners recently celebrated the precious metal fetching its highest price ever. They are reinvesting much of that windfall in copper. From central Mexico...
The Dominant Dollar Faces a Backlash in the Oil Market
Updated Dec. 28, 2023 12:00 am ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce...
How Can Spending Be Up When People Feel Down?
Updated Dec. 27, 2023 12:00 am ET According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started...
Why 2023 was a tough year for commodities even as gold and orange-juice prices hit records
A number of commodities made notable moves in 2023, with gold and frozen orange-juice prices reaching record highs, but key commodities indexes are on track...
Dow Jones ends 475 points lower after 9-day winning streak
U.S. stocks ended sharply lower after a strong year-end rally lost momentum on Wednesday, putting an end to a string of record finishes for the...