Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across...
Dashed hopes for a Fed pivot are morphing into a sense of dread in financial markets
Optimism that the Federal Reserve might back off of its aggressive interest-rate hikes is giving way to something else within financial markets: a feeling that...
U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’
The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the...
Gold ends at six-week high, topping $1,812 as investors await inflation report
Gold futures closed at their highest level in six weeks on Tuesday, as stocks and the dollar slumped ahead of Wednesday’s U.S. consumer-price index update...
Why Mark Mobius thinks U.S. stocks haven’t bottomed — and where he sees emerging-market opportunities
U.S. markets have provided plenty of excitement this year to keep investors on their toes. But as badly as U.S. and European stocks have performed...
Forget the 1970s — this market is drawing comparisons to the 1870s
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s. According to Bank...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with...
U.S. inflation expected to keep running hot: Traders see 4 straight months of roughly 9% or higher CPI readings
Just a day after Federal Reserve policy makers delivered their biggest rate hike in 28 years, the U.S. inflation outlook continues to look dire in...
Gold prices end higher, bobbing between gains and losses after Fed decision
Gold prices settled higher on Wednesday to recoup some of the losses they suffered a day earlier, then seesawed between losses and gains after the...
Investors may be in for a rude surprise: History shows inflation can take years to return to normal even when the Fed hikes interest rates above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation —...