Inflation Will Lead Inexorably To Recession
Old chart glimpses future directioins. (Photo by Mario Tama/Getty Images) Getty Images Recession is in the cards and not because of the recent report of...
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...
‘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...
Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This
The Federal Reserve is setting out to do something it has never accomplished before: reduce inflation a lot without significantly raising unemployment. Central bank officials...
Inflation Hurts. Better Get Used to It.
The runaway inflation of the past year is a radical change from the lowflation that’s dominated in the past decade, and this week’s hawkish talk...
Global Markets Fall on Rate Hike Fear, Russia
U.S. markets were on track to open lower on Wednesday, after a Federal Reserve official’s comments fueled expectations of more aggressive rate hikes and the...
Japan’s Long Battle Against Deflation Looks Doomed To Fail
Japan’s central bank has stuck to aggressive government debt purchases, rock-bottom interest rates and near-zero long-term bond yields. The costs of this approach keep rising...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans: WSJ
The market is finally getting the message that the era of cheap money is ending. Just look at mortgage rates. At the beginning of 2022,...