BlackRock lists 3 reasons not to buy the dip
U.S. stocks have seen the biggest year-to-date losses since the 1960s, but investors should still stick to the sidelines, BlackRock Investment Institute says. As the S&P (SP500) (NYSEARCA:SPY) and Nasdaq…
Inflation rises at fastest pace in 40 years, pushed up by record gas prices
The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according…
How oil holds the key to whether the stock market has bottomed
Oil acting as a tax and historically correlates well with recessions, pulling sentiment and consumption down Gina Sanchez asserted on CNBC today that stock market has mostly priced in Fed…
It’s 1979, Not 2009
Break out your mom’s bell-bottoms and dad’s leisure suit from your parents’ attic. It’s 1979 again (at least economically) Don’t listen to the perpetual doomsayers who claim this is the…
Here’s why investors shouldn’t be too bullish just yet
Matt Maley explains why investors should remain cautious on the U.S. equities. The Miller Tabak expert says S&P 500 index is still trading on the expensive side. He reiterated we’re…
Why Are Interest Rates Rising?
It’s a good-news, bad-news situation as rising interest rates affect people in different ways The Federal Reserve is the direct cause of rising interest rates. Inflation made higher interest rates…
Solid May job growth seals the deal for more mega-sized Fed rate hikes
Better-than-expected job growth in May likely solidified the likelihood of the Federal Reserve lifting interest rates by a half-percentage point at its meeting in two weeks and again in July…
A coming crypto storm for central banks? Focus on digital money intensifies
Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy, and even…
Fed’s Mester says inflation hasn’t peaked and multiple half-point rate hikes are needed
The Federal Reserve needs to raise rates by a half-of-a-percentage point at each of its next two meetings, and then assess if inflation has moderated enough to slow the pace…