We’re in a time of great uncertainty and a lot of “people are very scared right now,” said Brad Klontz, a psychologist and certified financial planner. This fear can cause people to make money moves that they will regret. With high inflation, the threat of a recession and continued market volatility, we are going through …
No opinion yet on May interest rate hike – Fed’s Barkin Federal Reserve Bank of Richmond President Thomas Barkin said Thursday that he had yet to comment on which rate hike might be appropriate during the Fed’s May 1-2 sessionand is “comfortable” with meeting-by-meeting decisions on whether or not to move a quarter basis point. …
The latest March consumer confidence index from the University of Michigan is out and consumers are not optimistic about the economy. The measure recorded its first decline in four months as inflation and financial sector turmoil add to economic uncertainty. We have already seen evidence that consumers are quite pessimistic about certain parts of the …
Consumers believe we will see lower inflation and a strong labor market later this year Read More »
My top 10 things to watch Friday, March 31 1. End of the month and first quarter on Wall Street. 10-year and 2-year Treasury bond yields continue to cloud the forest. The Dow Jones, S&P 500 and Nasdaq are poised for a higher open after colder-than-expected February inflation data. The return to the stock market …
Virgin Orbit Holdings (ticker: VORB) fell 42% in premarket trading to around 19 cents after the space launch startup announced it would cut 85% of its workforce. The job cuts were made “in light of the company’s inability to secure meaningful financing,” according to a regulatory filing. Virgin Orbit has been trying to secure additional …
Virgin Orbit, Tesla, Nikola, Rumble, Generac and other stock engines Read More »
The first trimester is over. Donald Trump has been charged. Virgin Orbit is in trouble. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, March 29, 2023. Brendan Mcdermid | Reuters Here are the most important information investors need to start their trading day: The first quarter …
5 things to know before the stock market opens on Friday March 31 Read More »
© Reuters By Geoffrey Smith Investing.com — The United States informs us of the Federal Reserve’s favorite inflation indicator. Donald Trump becomes the first ex-president in US history to face criminal charges, and eurozone inflation is still strong despite the end of last year’s energy spike. Here’s what moves the markets on Friday, March 31. …
Central banks around the world have raised interest rates aggressively over the past year in an effort to rein in soaring inflation, following a decade of accommodative financial conditions. “Part of the problem with QE was the fact that you were essentially nationalizing the bond markets. Bond markets have a very, very useful role to …
‘Nationalisation of bond markets’ left central banks off guard against inflation: HSBC Read More »
A Wall St. sign in front of the New York Stock Exchange (NYSE) in New York, U.S., Monday, March 20, 2023. Michael Nagle | Bloomberg | Getty Images This report comes from today’s CNBC Daily Open, our new international markets newscast. CNBC Daily Open updates investors on everything they need to know, wherever they are. …
