commodity

US Treasury sweetens the pot on I-bonds by adding a fixed rate

US Treasury sweetens the pot on I-bonds by adding a fixed rate

After record-breaking sales of I-bonds in October, the US Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will be available again after site maintenance at TreasuryDirect.gov, the inflation-adjusted annualized rate will be 6.48%, down from 9.62%. But there will also be a 0.4% …

US Treasury sweetens the pot on I-bonds by adding a fixed rate Read More »

The Dow is soaring as Big Tech tumbles: What that says about the Fed, recession fears, and the path ahead for stocks

The Dow is soaring as Big Tech tumbles: What that says about the Fed, recession fears, and the path ahead for stocks

The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Big Tech heavyweights suffered a shellacking that had market veterans recalling the dot-com bust in the early 2000s. “You have a tug of war,” said …

The Dow is soaring as Big Tech tumbles: What that says about the Fed, recession fears, and the path ahead for stocks Read More »

Americans think they need $1.25 million to retire.  Is that even enough?

Americans think they need $1.25 million to retire. Is that even enough?

Americans think they need $1.25 million to retire comfortably, new research suggests, but while that number may seem hefty — it still may not be enough. A study from Northwestern Mutual released this week found that US adults anticipate they will need $1.25 million to retire comfortably, a 20% rise since 2021. That comes as …

Americans think they need $1.25 million to retire. Is that even enough? Read More »

Why stock-market investors fear 'something else will break' as the Fed attacks inflation

Why stock-market investors fear ‘something else will break’ as the Fed attacks inflation

Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming week from the Fed’s preferred gauge of the cost of living in the US “Fed officials have been scrambling to scare investors almost every day …

Why stock-market investors fear ‘something else will break’ as the Fed attacks inflation Read More »

Stock-market investors brace for busiest week of earnings season.  Here's how it stacks up so far.

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.

So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite COMP, -0.81% to their strongest weekly gains since June. It gets more hectic in the week ahead, with 165 S&P 500 …

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far. Read More »

Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November

Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November

US stocks closed sharply higher Friday as investors weighed a story from the Wall Street Journal and comments from Federal Reserve officials suggesting that the central bank might shift to smaller interest-rate rises after its November meeting. Investors were also coping with intraday volatility in stocks as around $2 trillion in notional value of options …

Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November Read More »

WSJ News Exclusive |  Elon Musk's Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets

WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets

Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt backing the deal rather than syndicate it out, according to people familiar with the matter, in another blow to a market that serves as a crucial source of corporate funding. Twitter could have the dubious …

WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets Read More »

What's needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says

What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says

It’s the end of what felt like another very choppy week in stocks. And yet the S&P 500 SPX, +0.34% is in line to start the final session only about 1% or so below last Friday’s close. Uncertainty is hobbling the bulls. Many traders seem minded. given that the S&P 500’s year-to-date drop of 23% …

What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says Read More »

Why the housing market should brace for double-digit mortgage rates in 2023

Why the housing market should brace for double-digit mortgage rates in 2023

Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon, the 30-year fixed mortgage rate would still climb to 10%, according to Christopher Whalen, chairman of Whalen Global Advisors. That’s because the Fed’s torrid pace of rate increases in 2022 takes time to seep back into mortgage rates, especially with …

Why the housing market should brace for double-digit mortgage rates in 2023 Read More »

These 11 stocks can lead your portfolio's rebound after the S&P 500 'earnings recession' and a market bottom next year

These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary policy to quell inflation. Ken Laudan, a portfolio manager at Kornitzer Capital Management in Mission, Kan., isn’t buying it. He expects an “earnings …

These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year Read More »