US stocks ended lower Monday, marking a fourth consecutive decline amid worries about the economy. JPMorgan CEO Jamie Dimon said a recession could push stocks down by another “easy 20%.” Chip stocks fell as the Biden administration ramped up limits on chip sales to China. Loading Something is loading. Thanks for signing up! Access your… Continue reading US stocks fall as investors prepare for an earnings deluge amid worries about rates and recession
Russia’s seaborne oil shipments to Europe have plunged 60% since the war in Ukraine began
Seaborne oil shipments from Russia to Europe have fallen 60% since the February invasion of Ukraine. Sanctions will prove difficult for the Kremlin to export oil elsewhere. The latest EU penalties restrict Russian crude from being transported on EU tankers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Russia’s seaborne oil shipments to Europe have plunged 60% since the war in Ukraine began
Jamie Dimon says the economy is on the verge of a recession and the stock market could fall another ‘easy 20%’ from here
The stock market could fall another 20% as a recession is likely to hit the US economy over the next six to nine months, according to Jamie Dimon.He said higher inflation, interest rates, and war uncertainty are all contributing to volatile markets.”The far more serious thing is this war,” Dimon told CNBC on Monday. Loading… Continue reading Jamie Dimon says the economy is on the verge of a recession and the stock market could fall another ‘easy 20%’ from here
The September jobs report shows inflation is not under control and the economy is ‘headed for a collision of some kind,’ former Treasury Secretary Larry Summers says
The September jobs report showed that inflation isn’t under control, Larry Summers says. He pointed to rising core inflation, which shows that price growth is still accelerating. “I think we are headed for a collision of some kind or other, and we’ve just got to manage that collision carefully,” he said. Loading Something is loading.… Continue reading The September jobs report shows inflation is not under control and the economy is ‘headed for a collision of some kind,’ former Treasury Secretary Larry Summers says
Bond vigilantes are back and ‘very much active’ in the US after blowing up UK markets, Ed Yardeni says
Bond vigilantes are back and could target heavily indebted Italy after running rampant in the UK, according to Ed Yardeni. “It’s an interesting tug of war between the central banks and the bond vigilantes,” he told Insider in an interview. Meanwhile in the US, “mortgage bond vigilantes are clearly on the loose,” Yardeni added. Loading… Continue reading Bond vigilantes are back and ‘very much active’ in the US after blowing up UK markets, Ed Yardeni says
Markets need to abandon hope of the ‘Fed put’ after the September jobs report – and another jumbo rate hike is all but certain in November
Stocks will likely fall further in anticipation of the Fed delivering another jumbo rate hike, analysts say. Investors priced in a more hawkish outlook for rate hikes after the strong September jobs report. The stock market “is simply going to be collateral damage” in the inflation fight, one analyst said. Loading Something is loading. Thanks… Continue reading Markets need to abandon hope of the ‘Fed put’ after the September jobs report – and another jumbo rate hike is all but certain in November
US gas prices will likely rise after the OPEC+ snub to Biden — but not for drivers in these 3 states, experts say
US gas prices could keep rising after OPEC+ slashed output, but prices could fall in some states. That’s because refinery issues in key states get resolved, and winter season dampens gas demand. California is likely to see prices drop while the East Coast could see prices rise, Gas Buddy said. Loading Something is loading. Thanks… Continue reading US gas prices will likely rise after the OPEC+ snub to Biden — but not for drivers in these 3 states, experts say
Goldman Sachs: These 40 stocks have the most upside right now as the early October market rally unwinds
US Markets Loading… H M S Premium More market volatility may be ahead in October. ANGELA WEISS/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Stocks have given up most of their gains from the beginning of the month. October is historically the most volatile month for… Continue reading Goldman Sachs: These 40 stocks have the most upside right now as the early October market rally unwinds
Recent Post
