The Slow Crash on Wall Street Likely Isn’t Over Yet

After falling for six days in a row, US financial markets rebounded on Friday, with all the major stock indices posting gains, and the Nasdaq enjoying its biggest rise in percentage terms—3.8 per cent—since November, 2020. Some beaten-up cryptocurrency assets also rose sharply, and the appearance of green on trading screens provided much-needed relief for … Read more

Inflation will be hard to control if it gets ‘out of hand’: Harvard economist

† Inflation will be hard to control if it gets ‘out of hand’: Harvard economist – YouTubeΣχετικά μεΤύποςΠνευματικά δικαιώματαΕπικοινωνήστε μαζί μαςΔημιουργοίΔιαφήμισηΠρογραμματιστέςΌροιΑπόρρητοΠολιτική και ασφάλειαΤρόπος λειτουργίας του YouTubeΔοκιμάστε νέες λειτουργίες †

Market panic because of Biden and Powell’s inflation incoherence

Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word. But speaking in riddles is different than acting in riddles. And that’s exactly what the Biden administration and Fed chair Jerome Powell are doing. That’s why we had … Read more

The Fed could turn the housing market from boom to bust

Herb Stein famously said that if something cannot go on forever, it will stop. Those buying houses in the belief that today’s rapid rate of home price increases will continue indefinitely might take note of the economist’s adage. With the Federal Reserve beginning to remove the punchbowl that has juiced the industry’s impressive recent boom, … Read more

Bitcoin And Crypto Now Braced For A $9 Trillion Fed Earthquake As The Price Of Ethereum, BNB, Solana, Cardano, XRP, Terra’s Luna And Avalanche Crater

Bitcoin BTC and cryptocurrency prices have fallen along with stock markets this year as investors brace for a more hawkish Federal Reserve (with one investor’s top “contenders” for the title of the world’s dominant cryptocurrency taking many by surprise). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto … Read more

How to invest as inflation, higher interest rates and war roil markets

Is art, wine or bitcoin BTCUSD, -0.13% a good alternative bet in these uncertain times, particularly as investors in stocks and bonds reel from a bruising start to 2022? With few corners of financial markets left unscathed by volatility tied to rising interest rates, a surge in the cost of living, and Russia’s war in … Read more

Fears of recession are everywhere — except the White House

With prices soaring, labor shortages, the Ukraine war raging, supply-chains snarled and interest rates now set to rise, fears of a looming recession are everywhere. Except, of course, at the White House — which is in utter denial. Just as it was about inflation. “’Inflation shock’ worsening, ‘rates shock’ just beginning, ‘recession shock’ coming,” blared … Read more

Why the stock-market rally may be nothing more than ‘wishful thinking,’ according to Morgan Stanley CIO

Listen to the bond market. That is the advice from Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, warning that recent resilience in stocks could be “nothing more than a bear-market rally, fueled by wishful thinking and excess liquidity,” in a Wednesday client note. “After a volatile first quarter, US stock and bond … Read more

Bank of America analyst warns ‘recession shock’ to hit US economy

A Bank of America analyst warned that the US economy is deteriorating fast and could push the country into a recession just three days after Deutsche Bank predicted the fall to come in 2023 as the Federal Reserve tightens interest rates to tame surging inflation. BofA chief investment strategist Michael Hartnett wrote in a note … Read more

More Signs of a Troubled Housing Market Emerge

The housing market continues to sour. An index of mortgage loan applications volume slumped a seasonally-adjusted 6.3% last week from a week earlier, according to the Mortgage Bankers Association. The MBAs seasonally-adjusted index of mortgage applications for home purchases slide 3%. And the unadjusted index dropped 9% from a year ago. The index of mortgage … Read more