5 things to know before the stock market opens Monday, June 27

Here are the most important news items that investors need to start their trading day: 1. Stocks look to build off last week’s rebound A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. Brendan Mcdermid | Reuters US stock futures rose before the … Read more

Should the Fed start selling its mortgage holdings at a loss to fortify its inflation fight?

Yet a big question still facing investors, lenders and anyone trying to navigate the still-hot housing market is whether the Federal Reserve will start selling its trove of mortgage holdings to fortify its inflation fight. The central bank is so far trying to counter inflation by more traditional means: raising benchmark interest rates. No doubt, … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki | Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

5 things to know before the stock market opens Tuesday, June 21

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce after S&P 500’s worst seek since 2020 The sign for Wall Street is seen with US flags outside the New York Stock Exchange. Yuki Iwamura | afp | Getty Images Dow futures … Read more

Stocks Surge, Week Ahead, Gas Tax, Twitter, Bitcoin-5 Things To Know

Here are five things you must know for Tuesday, June 21: 1. — Stock Futures Emerge 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, investors eased back into risk markets despite persistent concerns about growth and inflation … Read more

What the Fed’s biggest rate hike in decades means for the bear market in bonds

Historically bad. That’s how the $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 mean for … Read more

Here are three things the Fed’s done wrong, and what’s still not right

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, June 14, 2022. Sarah Silbiger | Reuters After years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of inflation and away from … Read more

5 things to know before the stock market opens Friday, June 17

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce but still tracking for a terrible week Traders on the floor of the NYSE, June 16, 2022. Source: NYSE US stock futures on Friday pointed to a strong open on Wall Street. … Read more

US inflation expected to keep running hot: Traders see 4 straight months of roughly 9% or higher CPI readings

Just a day after Federal Reserve policy makers delivered their biggest rate hike in 28 years, the US inflation outlook continues to look dire in one obscure part of the financial market. Traders of so-called fixings, or derivatives-like related instruments to Treasury inflation-protected securities, expect four straight months of annual headline consumer-price index readings at … Read more

A day after Powell’s assurances, markets are worried something breaks

Federal Reserve Chairman Jerome Powell’s insistence that the central bank is not deliberately trying to cause a recession and that the economy is on solid footing is exactly what someone in his position would be expected to say. The trouble is, the Fed’s likely to get a recession anyway as data shows the economy is … Read more