“Nothing goes wrong in a straight line.” This is how functional markets adapt to a new reality: higher inflation, rates. By Wolf Richter for WOLF STREET. There was a lot of talk and hesitation and the Fed kingpin fantasized about the 10-year Treasury yield falling from 4.25% at the end of October to 3.51% at …
This week in parts. Illustration by Mitchell Preffer for Decrypt. If last week was a mixed bag flatness for the largest parts, this week offered the first real signs of gains from the disaster of FTX spiraling into bankruptcy. Bitcoin (BTC) has risen 2.7% in the past seven days and is currently trading at around …
Fruit and vegetable prices are displayed at a store in Brooklyn, New York, March 29, 2022. andrew kelly | Reuters Global markets have been encouraged in recent weeks by data indicating that inflation may have peaked, but economists are warning of a return to the “transitional” inflation narrative. Stocks rebounded when the U.S. Consumer Price …
GLOBAL MARKETS DJIA 34194.06 95.96 0.28% Nasdaq 11285.32 110.91 0.99% S&P 500 4027.26 23.68 0.59% FTSE 100 7465.24 12.40 0.17% Nikkei Stock 28450.62 334.88 1.19% Hang Seng 17626.64 102.83 0.59% Kospi 2432.14 14.13 0.58% SGX Nifty* 18480.00 103 0.56% *Dec contract USD/JPY 138.88-89 -0.51% Range 139.66 138.76 EUR/USD 1.0430-33 +0.36% Range 1.0435 1.0393 CBOT Wheat …
Indian Morning Briefing: Asian markets follow higher gains on Wall Street Read More »
Five highlights from a new Energy Institute working paper. Consumer choice is generally a good thing. For much of the consumption that happens in my house – coffee, lego, bike parts – we understand our preferences, and our choices aren’t terribly complicated. This makes it easier to make good decisions. The other consumption categories are …
Why do low-income customers pay higher prices in premium retail markets? Read More »
What’s better than a title that’s a big winner? A title that is a big winner and should be able to keep winning in the future. There are more in this category than you might think. The following three stocks are absolutely crushing the market so far this year. And Wall Street thinks they can …
By Prerana Bhat BENGALURU (Reuters) – The Federal Reserve will downgrade in December to propose a 50 basis point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a peak higher policy rates are the biggest risks to the current outlook. U.S. consumer price inflation unexpectedly …
Fed to raise rates by 50 basis points, but top policy rate could be higher: Reuters poll Read More »
BENGALURU, Nov 18 (Reuters) – The Federal Reserve will downgrade in December to propose a 50 basis point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a higher policy rate peak are the biggest risks to the current outlook. U.S. consumer price inflation unexpectedly fell …
The Fed will raise rates by 50 basis points, but the key rate could be higher Read More »
The Prime Minister and Chancellor tried to set the stage for a somber autumn statement, saying everyone should expect higher taxes and saying financial markets were expecting deep cuts in government spending . Speaking en route to the G20 in Bali, Rishi Sunak told reporters the reason financial markets were no longer in turmoil was …
Sunak says higher taxes and spending cuts are needed to satisfy the markets Read More »
