A Fed Pivot Is a Long Shot. Why Powell Won't Come Riding in on a White Horse
An about-face by the Federal Reserve on its inflation-fighting course—raising interest rates—is a favorite topic of conversation by Fed watchers, from Wall Street to economists and beyond.
Here's What Goldman to UBS Say About Oil After Big OPEC+ Cut
Analysts see global benchmark Brent rising above $100 a barrel.
The Only Developed Market Index In Positive Territory This Year Has Returned About 1% — It's Not In Europe Or America
Singapore's Straits Times Index has returned about 1% in 2022, and happens to be the only developed-market gauge in positive territory in dollar terms, reported Bloomberg. In comparison, the MSCI Worl
Fed's Stay-High Mantra Fails to Stop Bets on a 2023 Rate Cut
Fed’s Stay-High Mantra Fails to Stop Bets on a 2023 Rate Cut.
Ray Dalio Says 'Will Play Markets Till I Die' After Giving Up Control Of World's Largest Hedge Fund
After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of Bridgewater Associates, said he will continue doing the most engaging thing he has done — play the markets. "I
Wall Street Warns Wishful Thinking on U.S. Fed Won't End Bear Market
Goldman Sachs says pressure from real yields is far from over.
The Stock Market Is Wrong: the Economy Isn't Going to 'Blow a Gasket' Just Yet, Warns Economist
The U.S. economy isn’t likely to blow a gasket until the Federal Reserve takes even more dramatic steps than markets are pricing in to get inflation back to 2%, warns TS Lombard economist.
Wall Street Today | Fed's Daly Says More Rate Hikes Needed, Dismisses 'Pivot' Talk
OPEC+ agrees to biggest oil production cut since start of pandemic.
Market Recap | Stocks Close Lower After Two-Day Rally
U.S. stock indexes fell on Wednesday after giving up late-session gains.
Sell Rosh Hashanah, Buy Yom Kippur? Not This Year
"Sell On Rosh Hashanah, Buy On Yom Kippur" is a popular Wall Street adage. In 2022, the strategy does not look great. Sell On Rosh Hashanah: Rosh Hashanah marks the Jewish new year and is typically c