5 things to know before the stock market opens Monday, July 11

5 things to know before the stock market opens Monday, July 11

Here are the most important news items that investors need to start their trading day. 1. Earnings and stocks Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 30, 2022. Brendan Mcdermid | Reuters Earnings season kicks off this week as several big companies, including major … Read more

5 things to know before the stock market opens Friday, July 8

5 things to know before the stock market opens Friday, July 8

Traders on the floor of the NYSE, July 6, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Can stocks stay on a winning streak? The S&P 500 has posted gains for four straight trading days heading into Friday’s session, offering investors glimmers of hope … Read more

5 things to know before the stock market opens Wednesday, July 6

5 things to know before the stock market opens Wednesday, July 6

Traders on the floor of the NYSE, June 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stocks in a holding pattern US stock futures were essentially flat across the board Wednesday morning, following a late rally the day before. While the Dow finished … Read more

recession risks, housing downturn after third rate hike

recession risks, housing downturn after third rate hike

The negative impact of interest rate rises on Australian housing prices, household spending and the volume of dwelling investments may hurt consumer confidence and fuel the likelihood of a recession in Australia, analysts and economists say. The Reserve Bank of Australia raised interest rates for the third time in a row on Tuesday. Joining central … Read more

Luxury car buyers pay more than ever as prices and loan costs rise

Luxury car buyers pay more than ever as prices and loan costs rise

If you can even find a new car to buy, actually purchasing it is going to cost you. “It’s a really difficult time to buy a car,” said Jessica Caldwell, executive director of insights for Edmunds. Limited inventory due to a persistent shortage of computer chips, along with other supply-chain challenges, helped propel new car … Read more

5 things to know before the stock market opens Wednesday, June 29

5 things to know before the stock market opens Wednesday, June 29

Here are the most important news items that investors need to start their trading day: 1. Stocks looking for stability Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE Equities markets’ attempt to build on last week’s momentum has so far fizzled this week. Futures were little changed Wednesday … Read more

Turkish lira whipsaws following new loan ban that’s set to affect thousands of companies

Turkish lira whipsaws following new loan ban that's set to affect thousands of companies

A money changer holds Turkish lira and US dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Cagla Gurdogan | Reuters Turkey’s currency, the lira, enjoyed a much-welcomed boost on Monday and the preceding Friday after the country’s banking regulator announced a ban on lira loans to companies holding what it … Read more

Stocks Historically Don’t Bottom Out Until the Fed Eases

Stocks Historically Don't Bottom Out Until the Fed Eases

Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routes. It turns out the Fed has often had a hand in market turnsarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read more

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

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

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 mean … Read more

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

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