Coal is making a comeback as Europe races to find alternatives to Russian natural gas. The price of coal is 5 times higher than normal as countries try to secure energy supply for winter. Surging natural gas prices and a hydropower crunch are other factors, 2 top energy analysts explain. Loading Something is loading. Coal… Continue reading Coal is making a comeback in energy-hungry Europe, sending prices soaring. 2 analysts lay out what’s going on.
The market is still underestimating how hawkish the Fed will be and it’s too soon to worry about going overboard with hikes, says former NY Fed president
The market is underestimating how hawkish the Fed will be, said former New York Fed President Bill Dudley. Policymakers have made it clear that they will err on the side of getting inflation back down to their 2% target, he told Bloomberg TV. “So they’re going to be tighter for longer than I think people… Continue reading The market is still underestimating how hawkish the Fed will be and it’s too soon to worry about going overboard with hikes, says former NY Fed president
European energy markets are facing a $1 trillion financing crunch – 2 analysts explain why this doesn’t mirror the Lehman Brothers crisis.
Europe’s worsening energy crisis has left utility companies facing massive margin calls that some estimates put above $1 trillion. Two experts explained the dilemma to Insider, and shared what the government could do to step in and assist. “It’s not the fundamentals of these companies that are flawed. It’s the situation that’s rotten that’s been… Continue reading European energy markets are facing a $1 trillion financing crunch – 2 analysts explain why this doesn’t mirror the Lehman Brothers crisis.
Markets are bracing for key inflation data next week. Analysts say expect a ‘knee-jerk’ gain if CPI falls but don’t bet on the Fed to pivot at its upcoming meeting.
Cooling inflation in August could stoke hopes the Fed will downsize its next rate hike. Headline inflation may ease to a still-hot reading of 8.1%, and stocks could rally if it comes in under that. But the Fed has a long way to go to bring down inflation to the 2% target. Loading Something is… Continue reading Markets are bracing for key inflation data next week. Analysts say expect a ‘knee-jerk’ gain if CPI falls but don’t bet on the Fed to pivot at its upcoming meeting.
The US real estate sector is being transformed by high inflation, rising rates, and the risk of a recession. 2 experts at Goldman Sachs explain how.
Real estate is often touted as a trusty hedge against high inflation, but that may be changing. Soaring prices, rising interest rates, and a potential recession are reshaping the US industry. Two Goldman Sachs real-estate experts revealed where they see upside for investors, on a recent podcast. Loading Something is loading. Real estate is often… Continue reading The US real estate sector is being transformed by high inflation, rising rates, and the risk of a recession. 2 experts at Goldman Sachs explain how.
Dow jumps more than 300 points as US stocks break 3-week losing streak after dollar falls from recent highs
The Dow Jones Industrial Average soared more than 400 points on Friday as US stocks broke a three-week losing streak.The gains came as the US dollar backed off its recent highs and Treasury yields fell slightly.”A short-term shift is likely on the macro front, with the dollar and Treasury yields poised to consolidate for a… Continue reading Dow jumps more than 300 points as US stocks break 3-week losing streak after dollar falls from recent highs
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
Lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market.The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.Homebuilders continue to see a slow-down in demand, which doesn’t bode well for lumber. Loading Something is loading. Lumber prices broke a three-week losing streak… Continue reading Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
Bitcoin jumps more than 10% as risk appetite ramps up on a pullback in the US dollar from 20-year highs
Bitcoin surged as much as 13% on Friday to trade above $21,000 for the first time in two weeks. Crypto prices advanced alongside a jump in US stocks that put the S&P 500 on track to break a string of weekly losses. Bitcoin and stocks found fuel in a decline in the US dollar, which… Continue reading Bitcoin jumps more than 10% as risk appetite ramps up on a pullback in the US dollar from 20-year highs
Recent Post
