Stocks fall on dashed inflation hopes; The S&P 500 loses 3%

NEW YORK — Stocks tumble and disappointment hits markets around the world on Tuesday, following the sudden realization on Wall Street that inflation is not slowing as much as hoped. Them&P 500 was down 3% in afternoon trading, threatening to snap a four-day winning streak. Bond prices also fell sharply, pushing up their yields, after … Read more

Bullish Traders May Like This Remarkable Contrarian Signal

Sophisticated investors will be wary, however. It hasn’t benefited either bulls or bears lately to assume that a march in either direction can be sustained for long without containing sharp reversals. For example, over the past six months, the S&P 500 SPX, +0.66% had a 16% decline, then a 7% recovery, followed by a 12% … Read more

US aims to preserve ‘dictatorship’ while Europe is sacrificed

Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more

US aims to preserve ‘dictatorship’ while Europe is sacrificed

Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more

Disappointing US data prompts traders to consider possible Fed half-point rate hike in September

In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted to fears of a sharp and unexpected economic slowdown and away from persistently high inflation for most of the day. negotiation. This shift in sentiment came after data showed the U.S. new home sales plunged in July to its lowest level … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more

Turkey shocks markets with rate cut despite inflation nearing 80%

Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain, June 29, 2022. Sweet Nachos | Reuters Turkey’s central bank shocked markets on Thursday with a cut in its benchmark key rate, despite inflation in the country nearing 80%. The country’s currency, the readdecreased by 0.9% compared to the dollartrading at over 18.1 … Read more

Was the Fed’s Powell dovish or not? 4 key points from Wednesday’s press conference

Investors reacted as if Fed Chairman Jerome Powell’s Wednesday press conference was dovish, but many economists believe it was on the hawkish side of the street. Here are some of the key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Lily: Fed raises rates to tackle … Read more