Risk of ‘wrathful Old Testament–style’ reaction from central banks is rising, JPMorgan says
The “gentle and forgiving path” taken by developed-market central banks to rein in inflation over the past year is likely to prove unsuccessful and trigger...
GLOBAL MARKETS-Stocks limp toward biggest weekly fall of the year
* World shares in danger of biggest weekly fall of 2023 * Dollar clings to 2-mth high; traders await U.S. PCE data * Nikkei rises...
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...
PRECIOUS-Gold eases on worries over higher-for-longer rates
* Gold down 1% this week so far * U.S. Jan PCE data due at 1330 GMT * Fed rates seen peaking at 5.338% in...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
PRECIOUS-Gold tiptoes higher as investors focus on Fed minutes
* Fed minutes due at 1900 GMT * U.S. dollar index down 0.1% * U.S. 10-yr Treasury yields hit highest since November * Silver, platinum...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16%...
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...
Fed’s Inflation Fight Pushes Up Cost of U.S. Debt
Economy U.S. Economy Republicans and Democrats disagree on whether debt load is manageable [ad_2] Source link...
Steepest Home-Price Declines in Fourth Quarter Were in the West: WSJ
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas...