Markets

Wall Street experts see a new era ahead for markets, marked by a more difficult investing environment.  Higher rates have burst the bubble in asset prices, while bank struggles threaten a wider downturn.  The new regime will be a far cry from the nearly ideal conditions investors navigated through the last decade.  Loading Something is… Continue reading Recessions, bank failures, and stagnant stock returns – experts see a new, difficult era dawning for markets

In less than a month, Silvergate, Silicon Valley Bank, Signature Bank, and Credit Suisse have collapsed. Deutsche Bank stock tumbled Friday as investors priced in growing default risk. Jerome Powell, Nouriel Roubini, Elon Musk, and others have shared their views on the turmoil. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading 4 banks have collapsed in less than a month. Here’s what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.

Jeremy Grantham warned the S&P 500 could tank by up to 50% as the “everything bubble” bursts. The GMO cofounder predicted a sweeping market decline and a harsh recession. Grantham advised against holding US stocks for now, and slammed the Fed for inflating asset bubbles. Loading Something is loading. Thanks for signing up! Access your… Continue reading Jeremy Grantham warns the ‘everything bubble’ is bursting, the S&P 500 could nosedive 50%, and a recession looks certain. Here are the elite investor’s 12 best quotes from a new interview.

Morgan Chittum TIMOTHY A. CLARY / Getty US stocks ended higher Friday, capping off a week of Fed moves and more bank fears.  The 2-year and 10-year Treasury yields both notched their lowest levels in six months.  Deutsche Bank stock plunged as a new round of bank jitters hit the market in the wake of… Continue reading US stocks close higher as markets assess fresh bank woes and recession fears

The monthly payment for a newly purchased home at the end of 2022 was $1,176 more than apartment rent. That premium is the widest it has been since 2006, near the peak of the housing bubble. Expensive real estate prices and high interest rates are driving the gap been mortgages and rent. Loading Something is… Continue reading The premium Americans are paying for a mortgage versus rent hasn’t been this big since the housing bubble peaked 17 years ago

The SEC warned that cryptocurrencies could still spur significant losses for investors.The warnings comes more than a year after the cryptocurrency market erased $2 trillion in market value.”The only money you should put at risk with any speculative investment is money you can afford to lose entirely,” the SEC warned. Loading Something is loading. Thanks… Continue reading The SEC just warned investors that crypto assets are at risk of ‘significant’ losses after $2 trillion in market value was already erased

The Fed is putting the economy at risk by not prioritizing bank stability, Moody’s Mark Zandi said. He said the Fed’s 25-basis-point rate hike added to tighter credit conditions at banks. “That puts the federal effective funds rate target closer to 6%,” Zandi told CNBC Loading Something is loading. Thanks for signing up! Access your… Continue reading The Fed is putting the economy in jeopardy by not prioritizing the stability of the banking system, Moody’s chief economist says

Copper could climb as high as $12,000 per metric ton in the next year, Trafigura said. That represents a 33% jump from the current price of about $9,000. “What’s the price of something the whole world needs but we don’t have any of?” Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Copper prices could soar 33% in the next year as global inventories hit lowest since 2008, top metals trader says