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Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks…
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Russia’s Ukraine incursion could cloud the Federal Reserve rate moves
Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC. Kent Nishimura | Los Angeles…
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Inflation may have just peaked
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this…
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5 things to know before the stock market opens Tuesday, February 15
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures jump after Russia says its pulling back some troops Trader on the floor of the…
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Powell’s pivot on inflation turns the trader pandemic playbook on its head
The market is facing a conundrum. Federal Reserve Chair Jerome Powell has thrown a monkey wrench into the investor playbook. Investors have been worried they will get hurt by the omicron variant further slowing growth…
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New York Life Investments CEO reveals top inflation protection play
Inflation will persist and add risk to the market, but one asset class could be a long-term ride, New York Life Investment Management CEO Yie-Hsin Hung said Wednesday. “Interest rates and inflation are going to…
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Jerome Powell says central bank will make changes to trading rules
Federal Reserve Chairman Jerome Powell on Wednesday said the central bank’s current trading rules are insufficient and promised it would “make changes” after filings showed that officials traded stocks and bonds that could be influenced…
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After years of being ‘squeaky clean,’ the Federal Reserve is surrounded by controversy
The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Friday, Sept. 17, 2021. Stefani Reynolds | Bloomberg | Getty Images The Federal Reserve has a big meeting on tap next week, one that…
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Stocks just got some new competition from bonds as 10-year rate tops dividend yield
Bonds have been shunned by many investors as rock-bottom rates made them unattractive relative to equities. On Thursday, the bond market may have gained an upper hand in the eyes of some investors. The 10-year…