It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation.While … [Read more...] about Recession is challenging inflation as top fear among stock and bond investors
The Federal Reserve Board on Thursday projected the potential for a rockier road ahead for banks than it did a year ago, but said the 33 financial institutions it reviewed passed its annual stress … [Read more...] about Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on … [Read more...] about Crypto crash: forced selling cools down; correlation with equities back in focus
Stocks are on the rebound again, at least that’s the vibe from futures.That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew — that a soft economic … [Read more...] about This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite
The median existing-home sale price in the U.S. shot above $400,000 in May, setting a record, as the housing market stalled under the weight of higher mortgage-interest rates. Sales of previously … [Read more...] about U.S. Existing-Home Sale Prices Hit Record of $407,600 in May
Look out above, the dip buyers are back in town.Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress … [Read more...] about Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.