U.S. factory orders flat in August, as expansion in the manufacturing sector slows
admin Orders for manufactured goods were flat in August, the Commerce Department said Tuesday. The unchanged…
Read MoreCommodity/Financial Market News
Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs
U.S. households, the largest buyer of stocks since 2020, are expected to sell more equities…
Read More10-year Treasury yield falls below 3.6% after data on factory orders, job openings
Most bond yields turned lower on Tuesday after U.S. economic data releases continued to give…
Read MoreA Bear Stearns moment awaits if actions like the Bank of England intervention don’t calm markets, BofA analysts say
The Bank of England may have stabilized the U.K. bond market by aggressive purchases of…
Read MoreOpinion: The Fed must act tough now to restore the credibility that it lost in a moment of weakness
CAMBRIDGE, England (Project Syndicate)—Financial markets’ reaction to the Federal Reserve’s latest policy move was reminiscent…
Read MoreOpinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation…
Read MoreGold trades at highest level in 3 weeks as Treasury yields retreat
Gold futures were trading at their highest level in three weeks on Tuesday while silver…
Read MoreDow jumps nearly 500 points to extend strong start to fourth quarter
U.S. stocks rose sharply on Tuesday as bond yields fell amid hopes central banks may…
Read MoreChinese EV maker Nio’s stock resumes selloff, even as quarterly deliveries rise to a record
Shares of Nio Inc. resumed its recent selloff toward a more than four-month low on…
Read More
This stock-market strategist says the coming recession could be the biggest ever: ‘I recommend prayer’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words in…
Read More