High Inflation, Slowing Growth Raise Risk of Global Downturn
The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say,...
The Inflation Japan Wanted Is Finally Here, but Not for the Right Reasons
TOKYO—Nearly a decade after its central bank targeted 2% inflation, Japan on Friday finally reached its goal. But instead of celebration, the occasion prompted concern...
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...
China’s Economic Slowdown Is Rippling All Around the World: WSJ
The country’s crumbling economic growth is being felt everywhere from German factories to Australian tourist spots; Apple and General Electric warn of production problems [ad_2]...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market...
A Big Risk Hanging Over European Banks: Leveraged Loans
Europe’s banking regulator is growing antsy about a booming market for banks: loans that fuel riskier borrowers and the global deal-making machine. That corner of...
Don’t Count on China to Bail Out the Global Economy If There’s a New Recession
Text size People buy food and household provisions at a supermarket in Beijing on April 25, 2022. Noel Celis/AFP via Getty Images About the author:...
Gold Prices Are Heading Higher as Inflation Rages. Why the Next Stop Could Be $3,000 an Ounce.
Gold bugs have been a lonely bunch, but that may be starting to change. In the past week, gold made another run at $2,000 a...
‘The Fed always screws up’: This forecaster sees inflation peaking and U.S. stocks in a bear market by summer
Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his...