President Joe Biden on Wednesday said the results of the midterm elections were a “good day for democracy,” as his Democratic Party did better than expected and he suggested he Read more
Tag: pivot
Why the car market might be ‘the harbinger’ of when the Fed can pivot
The Federal Reserve still likely needs to tame the roaring car market before the central bank can start going easy on its inflation fight, according to Pat Ryan, CEO and Read more
Opinion: IBM’s expensive and risky pivot to the cloud is finally paying off
International Business Machines agreed to buy open-source enterprise-software company Red Hat for a whopping $33 billion in 2019, its biggest acquisition ever. Critics scoffed that the deal was folly. Everyone Read more
Why hopes for a Fed ‘pivot’ could be off-base, once again, based on a long history of inflation
Five times in the past year, investors and traders hoped the Federal Reserve would shift to an easier policy stance at some point and were wrong. While it remains to Read more
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after Read more
It’s time to pivot from a pivot, Goldman Sachs strategists say
Like some sort of M.C. Escher painting, strategists at Goldman Sachs say it’s time to pivot from the talk of a pivot. Last week saw Federal Reserve pivot hopes, and Read more
Here are the 5 times traders and stock-market investors got fooled by Fed ‘pivot’ hopes in past year
Not once or even twice, but at least FIVE times in the past 12 months, investors and traders have expected the Federal Reserve to shift toward a dovish, or easier, Read more
A ‘Fed pivot’ still is the best shot for stocks to rebound
Timing the market has been a nagging question for investors ever since the stock market began its decline by roughly 25% in January this year. The right answer likely hinges Read more
Fed may need to pivot by early November, when ‘something breaks’: Scott Minerd
With multiple cracks emerging in global financial markets, the Federal Reserve may be forced to end its aggressive rate hikes “when something breaks” and to pivot by the end of Read more
Fed’s Daly says more rate hikes needed, dismisses ‘pivot’ talk
The Federal Reserve needs to keep raising its benchmark interest rate in order to cool inflation that hit a 40-year high earlier this year and has shown little signs of Read more