Consumer prices in the United States are growing at their fastest rate in nearly 40 years
Consumer prices in the United States are growing at their fastest rate in nearly 40 years High demand and tight supply of key commodities such as autos are driving the rise, prompting policymakers to act. The US central bank is expected to raise interest rates this year. Rising borrowing costs are aimed at reducing demand
Read moreAfter US bank shares soar, options traders face earnings-based volatility
After US bank shares soar, options traders face earnings-based volatility Market pundits say bank stocks have rallied in recent weeks, but the resumption of hedging on exchange-traded funds in the financial sector could be a sign that investors are wary of volatility during earnings season. With major banks like JP Morgan (JPM.N), Wells Fargo and
Read moreAnalyst says inflation increases problems in emerging markets like Kazakhstan
Analyst says inflation increases problems in emerging markets like Kazakhstan Rising food and fuel prices pose serious challenges for emerging countries, according to an economic risk analyst, who highlighted the mass protests taking place in Kazakhstan over fuel. Skyrocketed. “In particular, many countries are facing the challenge of increasing food and fuel prices as this
Read moreStocks and bonds endure high US inflation and a hawkish Fed
Stocks and bonds endure high US inflation and a hawkish Fed Major stock markets were muted on Monday as investors counted back to another reading on US inflation that could seal an expected rate hike by the Federal Reserve, boosting bond yields and punishing tech stocks. The outbreak of corona virus cases around the world
Read moreRising Interest Rate & Inflation causing worry to Wall Street
Rising Interest Rate & Inflation causing worry to Wall Street Further declines in major tech stocks drove the major Wall Street indices lower, further pushing the market down in the first week of the year. On Thursday, the S&P 500 traded higher and lowers for most of the day before closing 0.1% lower. The weakness
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