As the Independence Day holiday approaches, Americans are preparing for a long weekend of barbecues and fireworks shows to celebrate the founding of the United States. During the extended holiday Read more
Tag: Comp
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 of America, government bonds are Read more
Wall Street on course to continue its rotten run, with ISM manufacturing data in focus
U.S. stock futures edged lower on Friday as worries about slowing economic growth continued to suppress investors’ risk appetite, potentially extending a rotten run that saw Wall Street record its Read more
Investors lose confidence worldwide as aggressive rate hikes drive market volatility higher, State Street data says
Investor sentiment around the world took a hit in June, according to one measure, with global equity markets closing out an ugly first half to 2022. State Street data showed Read more
Opinion: Stocks could drop 50%, Nouriel Roubini argues. Things will get much worse before they get better.
NEW YORK (Project Syndicate)—The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policy makers, investors, and households now asking how much they Read more
Opinion: Stocks could drop 50%, Nouriel Roubini argues. Things will get much worse before they get better.
NEW YORK (Project Syndicate)—The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policy makers, investors, and households now asking how much they Read more
Cannabis debt holds up better than stocks in brutal 2022
While 2022 has been devastating for cannabis stocks amid lackluster prospects for federal legalization, debt prices in some larger U.S. cannabis companies have fared relatively well, market observers said. Curaleaf Read more
Fed’s preferred inflation gauge fails to calm market fears, leaving ‘burden of proof’ on inflation optimists
The latest reading from the Federal Reserve’s favorite price gauge, which contains some signs of cooling, is failing to calm the nerves of traders and investors who are fretting about Read more
Suze Orman says to do this right now if you’re worried about inflation
The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. Financial commentator Read more
Are the markets closed July 4?
As the Independence Day holiday approaches, Americans are preparing for a long weekend of barbecues and fireworks shows to celebrate the founding of the United States. During the extended holiday Read more