One strategist lifts recession probability to 75% after Trump's win and recommends how to position for it
Investors are right to be cautious, according to Peter Berezin, chief global strategist at BCA Research. He's just raised the probability of a U.S. recession in the next 12 months to 75% in response ...
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Stock market today: Wall Street down again early Friday, on track for third losing week in last four
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four.
Import prices post biggest increase in six months and add to U.S. inflation
The import-price index 0.3% last month. Economists polled by the Wall Street Journal had forecast a 0.1% decline. Import prices had fallen in September. If energy is excluded, import prices moved up 0 ...
Week Ahead for FX, Bonds: U.S., European Purchasing Manager Surveys to Signal Post-Election Outlook
Purchasing managers’ surveys in the eurozone, U.K. and the U.S., as well as U.K. inflation print, will be the key data ...
Robert F. Kennedy Jr.’s Billion-Dollar Hit to Big Pharma
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
The House now belongs to the GOP. Here's what party leaders say they'll do first.
The House of Representatives is likely to again be under GOP rule next year, cementing a unified control of power across ...
2-year Treasury yield jumps after the close, with Powell patient about rate cuts
-- The yield on the 2-year Treasury BX:TMUBMUSD02Y rose 1.8 basis points to 4.299%, from 4.281% on Wednesday. But after the 3 p.m. close, it jumped 7 basis points to 4.353%, according to FactSet data.
Why gold prices skidded from record highs to a losing streak in just two weeks
The second major factor impacting gold is linked to investors pricing out geopolitical risks, Razaqzada said. Trump won the election "quite comfortably in the end," giving the markets "hope that the ...
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Stock market today: Wall Street drifts near its records as its momentum slows
U.S. stocks are drifting Thursday as the market's big burst following Donald Trump's election continues to cool.
VIX edges up from low level as investors weigh jobless claims, PPI inflation data
Wall Street’s so-called fear gauge was edging up Thursday from a low level, as investors digested reports on jobless claims and wholesale inflation. The Cboe Volatility Index was up a slight 0.2% at ...