Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an … Read more
It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo … Read more
Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Friday. Also weighing in on the stress test, Morgan Stanley analyst Betsy Graseck cut her price targets for Bank of America Corp. … Read more
Multinational is one thing, but 2022 hasn’t been the year for stocks to have a truly international presence. According to analysis from Goldman Sachs, S&P 500 companies with high domestic sales exposure have been outperforming stocks with a high international sales by 9 percentage points. Granted, it isn’t a great performance, with the domestic basket … Read more
Here are five things you need to know for Tuesday, June 21: 1. – Stock Futures Surge As Bond Yields Ease, Dollar Retreats US equity futures rebounded firmly Tuesday, following on from the worst week on Wall Street in more than two years, as investors eased back into risk markets despite persistent concerns over growth … Read more
Historically bad. That’s how the mammoth $ 53 trillion US fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo charge the effort, the Fed on Wednesday fired off its biggest benchmark interest rate increase in nearly thirty years. But what does that … Read more
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new … Read more
Here are five things you need to know for Wednesday, June 15: 1. – Stock Futures Higher As Fed Rate Bets Accelerate US equity future moved higher Wednesday, following on from a session which consolidated a bear market for the S&P 500, as investors looked to perhaps the most important Federal Reserve rate decision in … Read more
Here are five things you need to know for Monday, June 13: 1. – Stock Futures Tumble As Recession Alarm Flashes Red US equity futures plunged lower Monday, while Treasury bond yields surged to the point where short-term rates signaled recession, as investors bet on faster and deeper rate hikes from the Federal Reserve following … Read more
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images The week ahead may all come down to … Read more
