Recession Indicators Say the Fed Already Broke Something
By Lance Roberts | 1 day ago (25 Mar, 2023, 04:30 AM (UTC+04:00))
Recession indicators are ringing loudly. Yet, the Fed remains focused on its inflation fight, as repeatedly noted by Jerome Powell following this week’s FOMC meeting. He specifically made two...
Global Earnings Recession Looms and Zombie Companies Are the Most Fragile
By Adem Tumerkan | 1 day ago (25 Mar, 2023, 04:30 AM (UTC+04:00))
Back in October, I wrote about the looming global earnings recession. And while the media’s busy focusing on the world’s banking issues (which will only amplify any economic downside), the...
Stocks Face Crucial Test Next Week: 2 Questions That Could Decide Fed’s Next Move
By Jesse Cohen | 2 day ago (24 Mar, 2023, 19:30 PM (UTC+04:00))
The stock market faces a crucial test next week, which will help determine the Fed’s next policy move. There will be a lot on the line when the latest core PCE price index comes out. Bank crisis...
Swiss Emergency Operation Sends DAX Lower
By Jürgen Molnar | 2 day ago (24 Mar, 2023, 19:30 PM (UTC+04:00))
It was open-heart surgery. The result was a forced marriage between former rivals UBS and Credit Suisse that left investors around the globe speechless and perplexed. The fact that such a drastic...
4 Asset Classes Likely to Benefit from the End of Fed Hikes
By Francesco Casarella | 2 day ago (24 Mar, 2023, 19:30 PM (UTC+04:00))
The markets are anticipating the March interest rate hike being the last. Some asset classes hit hard in 2022, such as bonds, gold/silver futures, Bitcoin, and tech stocks, are rebounding. As the fed...
Yen Shines, Dollar Stalls as Traders Bet Fed Is Bluffing
By Trading Point | 2 day ago (24 Mar, 2023, 19:30 PM (UTC+04:00))
Speculation for Fed rate cuts intensifies, keeping dollar in slow gearYen advances as yields edge lower, stock markets resume selloff European PMIs exceed forecasts, but euro gets smoked by bank...
U.S. Dollar Looks Prone; Oil Creates Negative Gamma
By Stephen Innes | 2 day ago (24 Mar, 2023, 19:00 PM (UTC+04:00))
THE DOLLAR A healthy dose of policy skepticism, particularly towards those pulling the strings behind the red, white, and blue curtains at the Fed and Treasury, continues to weigh on the US dollar...
Market Focus Moves From the Fed to Financial Crisis
By Brad McMillan | 2 day ago (24 Mar, 2023, 19:00 PM (UTC+04:00))
The Fed announced that it would increase interest rates by 25 bps, or a quarter percentage point. This move was in line with expectations, and markets shrugged. Even at the press conference, when some...
Battle Line Drawn: Gold Bulls Look to Push through $2,000
By Stefan Gleason | 2 day ago (24 Mar, 2023, 19:00 PM (UTC+04:00))
Gold prices surged to test the $2,000/oz level early this week before retreating ahead of the Federal Reserve's interest rate decision. Fed policymakers opted for another 25 basis-point hike --...
Dollar Slides as Fed Hints at Pause; BoE up Next
By Trading Point | 2 day ago (24 Mar, 2023, 04:00 AM (UTC+04:00))
Fed hikes by 25bps, opens the door to a pauseDollar slides across the boardWall Street falls on Powell and Yellen remarksSNB delivers double hike, BoE to proceed with 25bpsDollar tumbles as Fed hints...
