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...
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...
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...
How the Fed is ‘collapsing’ real estate activity with higher interest rates
U.S. real estate has undergone a dramatic slowdown in transaction activity in the months since the Federal Reserve began jacking up interest rates. Sales of...
The Fed delivered a message to the stock market: Big rallies will prolong pain
It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
Investors may have gotten overly excited this week about comments from Fed Chairman Jerome Powell. The Fed chief’s suggestion of a 50 basis point hike...
‘I believe the economy is the biggest bubble in world history,’ says ‘Rich Dad, Poor Dad’ author Robert Kiyosaki: ‘God have mercy on us all’
“‘Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.”...
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls,...
‘Fragile’ Treasury market is at risk of ‘large scale forced selling’ or surprise that leads to breakdown, BofA says
The world’s deepest and most liquid fixed-income market is in big, big trouble. For months, traders, academics, and other analysts have fretted that the $23.7...