Why are mortgage rates still so high? After a year of mortgage rates near 8%, home buyers are eager for good news. Some forecasters have buoyed their hopes,…
Read more Home buyers thought mortgage rates were finally going to go down. Why hasn’t it happened yet?As the U.S. Federal Reserve’s three-year reign in the headlines potentially comes to an end, an analysis of this year’s market themes can offer valuable insights for predicting…
Read more How to navigate market risk from interest rates, the economy and politics in 2024U.S. stocks saw a surprising bounce on Friday, culminating in the S&P 500 index’s biggest intraday comeback since the March banking crisis, even though a monthly jobs report…
Read more U.S. stocks staged a surprising rally on Friday. But can the party last?U.S. stocks saw a surprising bounce on Friday, culminating in the S&P 500 index’s biggest intraday comeback since the March banking crisis, even though a monthly jobs report…
Read more U.S. stocks stage a surprising rally on Friday. But can the party last?Inflation is likely to fall below the Federal Reserve’s 2% annual target by late next year, according to David Kelly, chief global strategist at JP Morgan Asset Management. Consumer…
Read more When will inflation cool to the Fed’s 2% target? By late next year, says JP Morgan strategist.Another big corporate borrowing blitz to kick off September has gotten under way, but this one isn’t looking like the rest. Instead, the flurry of new bond issues…
Read more What’s missing for investors in new $60 billion corporate borrowing blitzThe Federal Reserve can probably end its inflation fight now that the U.S. labor market is cooling after generating a historic 26 million jobs in roughly the past…
Read more Fed rate hikes can end now that U.S. job gains are the size of an economy like Australia’s, says BlackRockU.S. stocks so far haven’t fared as well under President Joe Biden as they did in Donald Trump’s single term or in either of Barack Obama’s two terms.…
Read more How the stock market’s performance under Biden is worse than under Obama or Trump — in one chartDavid Rosenberg honestly doesn’t want to be bearish on stocks or bash the Federal Reserve. The veteran market strategist will get no satisfaction if he’s right about Americans…
Read more Fed ‘accident’ could slice 20% off the S&P 500, stock market strategist David Rosenberg warns. Here are 3 ways to protect your money now.“‘It’s not like a credit crunch.’” — Jamie Dimon While it will be more expensive for banks to deploy capital this year, talk of a possible credit crunch…
Read more Jamie Dimon discourages use of term credit crunch on call with analystsThe collapse of Silicon Valley Bank sent shockwaves through the global economy and had the makings of another crisis. Depositors raced to withdraw money. Banks worried about the…
Read more Sen. Sherrod Brown: American consumers losing power over their savings and paychecks is an emergency, too.Regional banks shouldn’t be the only source of worry for potential fallout from the Federal Reserve’s rapid pace of interest-rate hikes in the past year, said a former…
Read more ‘This is a risk confronting all banks,’ ex-FDIC chief Sheila Bair tells MarketWatchThe Federal Reserve will meet on Wednesday and, for once, the outcome is unclear. This is the most uncertain Fed meeting since 2008, said Jim Bianco, president of…
Read more The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?The run on Silicon Valley Bank (SVB) SIVB— on which nearly half of all venture-backed tech start-ups in the United States depend — is in part a rerun of a…
Read more SVB’s failure proves the U.S. needs tighter banking regulations so that all customers’ money is safeThe numbers: The number of Americans who applied for unemployment benefits in early March jumped to a 10-week high of 211,000. Yet most of the increase was concentrated…
Read more Jobless claims jump to 211,000, the highest since Christmas. Blame New York.The stock market remains open Friday, Nov. 11, the Veterans Day holiday in the U.S., even through it counts as a holiday for the $53 trillion American bond…
Read more Is the stock market open? Veterans Day is a regular day for U.S. stocks, but the bond market is closed.
