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The Federal Reserve misses a crucial turning point in its fight against inflation because it believes in bad data

The Federal Reserve misses a crucial turning point in its fight against inflation because it believes in bad data

The Federal Reserve cannot see the probable economic crash that is coming because it is always looking in the rear view mirror, where it sees nothing but high inflation. The danger arises because the consumer price index and the personal consumption expenditure price index – the two most important indicators of inflation – have a …

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US stock futures point to fifth day of losses on Wall Street to challenge 2022 lows

US stock futures point to fifth day of losses on Wall Street to challenge 2022 lows

US stock futures were weak on Monday as rising bond yields and a rising dollar depressed sentiment. How stock futures are traded S&P 500 ES00 futures contracts, -0.53% fell 6 points, or 0.2%, to 3,703 Futures contracts Dow Jones Industrial Average YM00, -0.51% fell 52 points, or 0.2%, to 29,617 Nasdaq 100 NQ00 futures, -0.34% …

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Stocks crashing?  No, but here's why this bear market is so painful---and what you can do about it.

Stocks crashing? No, but here’s why this bear market is so painful—and what you can do about it.

Stock market crash hashtags may be all the rage on Twitter, but the selloff that sent U.S. stocks into a bear market was relatively orderly, market professionals say. But it is likely to become more volatile – and painful – before the market stabilizes. It was indeed a tour de force for investors on Friday …

Stocks crashing? No, but here’s why this bear market is so painful—and what you can do about it. Read More »

US stocks suffer another week of losses, Dow Jones ends at lowest since November 2020 as bond yields hammer stocks after Fed rate hike

US stocks suffer another week of losses, Dow Jones ends at lowest since November 2020 as bond yields hammer stocks after Fed rate hike

US stocks closed sharply lower on Friday, with the Dow Jones Industrial Average ending at its lowest closing value since November 2020. All three major benchmarks suffered another week of losses as bond yields rose to the following the Federal Reserve’s interest rate hike on Wednesday. For the week, the Dow Jones fell 4% while …

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Why investors fear a one percentage point Fed rate hike will disrupt Wall Street

Why investors fear a one percentage point Fed rate hike will disrupt Wall Street

The Fed has made two 75 basis point interest rate hikes so far this year. An earlier version of this story said she delivered three. As U.S. stocks and bonds come under pressure on Tuesday, some on Wall Street say investors are underestimating the possibility that the Fed could offer a surprise 100 basis point …

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Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says

Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says

This is not the first time that inflation figures have taken the market by surprise. The bad news was the S&P 500 SPX, +0.36% experienced the largest one-day decline in two years, falling 4.2%. The good news if you check your 401(k) is that you are only back to last week’s levels and futures are …

Even after the market crash, investors are still making two implausible assumptions about the next six months, this economist says Read More »

Dow down 1,300 points as losses accelerate after August CPI reading

Dow down 1,300 points as losses accelerate after August CPI reading

The Dow Jones Industrial Average fell more than 1,300 points in the last hour of trading on Tuesday as losses accelerated on tech stocks as bond yields soared, leaving all three stock indices on track for their worst session since at least June after an unexpected rise in August. consumer price inflation. What is happening …

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US inflation rebounds in August, CPI shows, despite falling gasoline prices

US inflation rebounds in August, CPI shows, despite falling gasoline prices

Numbers: Lower gasoline prices generated a second straight decline in inflation in the United States, with the consumer price index only rising 0.1% in August. But the report also showed that inflation has spread more widely through the economy and should prompt the Federal Reserve to raise interest rates sharply again. Economists polled by the …

US inflation rebounds in August, CPI shows, despite falling gasoline prices Read More »