The good news for traders: A U.S. recession is almost fully priced into the stock market. The bad news: It's not 100% priced in, if history is any guide. With the S&P 500 down about 19% from its Jan. 3...
College students expect to make about $103,880 in their first job after graduation, a new survey suggests. But statistics show that the average starting salary for college graduates is $55,260. Overestimates also persist in undergrads' outlook for mid-career earnings –...
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing. Crypto investors no longer know where to turn. Crypto pricing is now correlated with the stock market, which means that, as the saying goes,...
Market Review The first quarter of 2022 was surprisingly volatile for the markets, with the S&P 500 dropping 10% before rallying to end the quarter at minus 4.6% and bonds unusually declining by 5.9%. Safety was not found oversees either...
It's tempting to say the U.S. is inching toward a recession, or it's already in one. At least that's the takeaway some economists had from Thursday's GDP report, which showed that the U.S. economy shrank at a seasonally adjusted annual...
For the last year cryptocurrencies have traded increasingly like equities, making the U.S. central bank’s monetary policy one of the most important drivers of the crypto market’s performance. But crypto analysts and traders aren’t expecting market-shaking moves to follow the...
Sales of new U.S. homes fell in March to a four-month low, indicating high prices and surging borrowing costs are putting more of a squeeze on the market. Purchases of new single-family homes decreased 8.6% to a 763,000 annualized pace,...
A hard landing will ultimately be unavoidable by late ‘23 / early ‘24 after an aggressive series of Fed hikes over the next 18 months,’ says Deutsche Bank’s Jim Reid With U.S. households looking in good financial shape, the Federal...
The average interest rate on the most popular U.S. home loan climbed to a 12 year high last week and fewer homebuyers sought properties in a sign that the Federal Reserve's aim of cooling the housing market may be beginning...
U.S. Treasury yields slid Tuesday for a third straight day, amid signs that positioning for higher yields had become extreme, setting the stage for a snap-back. Those signs amplified fundamental concerns about the potential impact on global growth of new...
Should you buy now or wait until the rate resets in May? Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this week,...
Inflation has proven to be one of the most blistering features of the covid economy, testing the White House and Federal Reserve. The inflation surge in the United States picked up speed in March, as prices rose 8.5 percent compared...
House prices can be out of sync with market fundamentals when there is widespread belief that the current robust price increases will continue An analysis by housing giant Freddie Mac suggests that the housing shortage has increased 52% from 2.5...
Fed prepared to take stronger action if warranted, she says ‘Inflation is much too high and is subject to upside risks’ Federal Reserve Governor Lael Brainard called the task of reducing inflation pressures “paramount” and said the central bank will...
U.S. 5-year and 30-year Treasury yields on Monday inverted for the first time since 2006, raising fears of a possible recession. The yield on the 5-year Treasury note rose to 2.56%, while the 30-year yield fell to 2.55%. This is...
