interest rate

On Friday, U.S. stocks displayed negative performance and were poised to conclude the month with declines across various sectors except for energy. The S&P 500 is heading for its fourth consecutive week of losses, marking a negative streak that has not been observed so far this year. September...

Bond yields have been surging of late amid expectations that the Federal Reserve will continue to raise interest rates in the wake of stubbornly elevated inflation and strong economic data. Hedge fund manager Bill Ackman weighed in on surging Treasury yields in a post on X. What Happened: Ackman,...

An in-line Federal Reserve decision failed to boost market sentiment, leading to negative signals in index futures on Thursday. Small-cap and tech stocks faced particular weakness, exacerbated by the 10-year Treasury note yield reaching a fresh 16-year high, which could diminish risk appetite,...

Noted economist and gold bull Peter Schiff warned that northward-bound bond yields and energy prices have further legs to play out. What Happened: The yield on the benchmark 10-year Treasury note hit an intra-day high of 4.372% on Tuesday, the highest level seen since Nov. 2017. The spike in bond...

It’s a quiet start to the week for the U.S. stock market, with investors eagerly anticipating the crucial Federal Reserve interest rate decision scheduled for Wednesday. While major indices are showing little movement, there are slight gains overall, as the recent bullish momentum of the U.S...

The United Auto Workers union is on a historic simultaneous strike against Detroit’s big three automakers, and noted economist Mohamed El-Erian commented on a report that showed even ahead of UAW’s walkout, the pace of labor strikes has quickened to a level not seen since 2020. What...

After a week of data-driven rollercoaster rides, all eyes are now firmly fixed on the upcoming Sept. 20 Federal Open Market Committee (FOMC) meeting. The FOMC is anticipated to maintain rates in the range of 5.25% to 5.5% during its September meeting, pushing the first rate cut further down the...

The all-important consumer price inflation report for August will drop in on Wednesday and the number is closely watched by Street, given its implication for the Federal Reserve monetary policy. Gold bull Peter Schiff, however, has a differing opinion on the data's significance. What Happened:...

With the Fed funds rate at 5.5%, its highest level since the early 2000s, the temptation of cash-like investments has never been more appealing, pushing investors to reconsider riskier assets such as stocks. While the Fed may opt to press the hold button this month, the end of rate hikes has not...

As the Federal Reserve’s next rate-setting meeting approaches, an economist weighed on the near-term policy direction and possibility of a stagflation in the U.S. What Happened: The Fed will not raise rates in the September meeting, going by the economic data and the fact the Fed is highly...

Wednesday is a risk-off session for the U.S. stock market as investors express concern in response to the mounting pressures posed by escalating oil prices and increasing U.S. Treasury yields. WTI-graded crude rose to over $86 a barrel, while the rate-sensitive two-year Treasury yields showcased an...

Despite the pickup in momentum seen in late August, the market has gone back to its cautious ways with the start of September. Typically, September is one of the weakest periods for the market but analysts see a silver lining in the cloud. They point to the trend of September bucking the historical...

Assets like Bitcoin (CRYPTO: BTC) and tech stocks, including Nvidia (NASDAQ: NVDA), continue to thrive despite the Federal Reserve's aggressive rate hikes. Bitcoin's value has surged after the FTX (CRYPTO: FTT) crypto exchange's significant downfall, and Nvidia's stock is on the...

Recent economic data are pointing to a soft patch and reigniting recession talks. Noted economist David Rosenberg weighed in on the near-term trajectory of the economy. What Happened: “We have had the biggest interest rate shock since 1981 if I'm not mistaken, 1981 was followed by 1982,...

President Joe Biden's economic policies, branded as “Bidenomics,” has elicited mixed reactions. Donald Trump's niece Mary Trump recently commented on a New York Times story that weighed on how Bidenomics has been received by people. What Happened: The Biden team's gambit of touting...