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The People’s Bank of China warned inflation may accelerate as overall demand in the economy picks up, suggesting the scope for further monetary policy easing may be limited.
Argentina Cenbank Debt Poses ‘Systemic Risk’ to Financial Sector: Moody’s AnalyticsNov 17, 2022 - 05:47:51 PST
In that scenario, Moody's warned, authorities could even freeze peso deposits, an extreme measure which would bring back memories of the infamous "corralito" restrictions during the 2001 crisis that aimed to prevent a run on the banks. "With the amount of pesos the central bank and government have, they may conclude that they have no choice...
In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry.
The prices of the exchange’s stock and bonds reflect anxieties after the collapse of rival FTX and sharp declines in bitcoin.
Fed’s Williams Says Monetary Policy Not Best Tool for Financial StabilityNov 17, 2022 - 05:38:11 PST
New York Federal Reserve President John Williams said on Wednesday he still believes monetary policy is not the best tool to address financial stability risks, and that policymakers instead should take action to boost the resilience of things like the U.S. Treasury market. "For monetary policy to be most effective, financial markets must...
If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most.
Bullard: Fed Rate Hikes Have Only Had ‘Limited Effects’ on Inflation So FarNov 17, 2022 - 05:33:37 PST
Even under a "generous" analysis of monetary policy the Federal Reserve needs to continue raising interest rates probably by at least another full percentage point, St. Louis Federal Reserve President James Bullard said, arguing that rate hikes so far "have had only limited effects on observed inflation." Bullard said that despite aggressive actions by the...
European Central Bank policy makers may slow down interest-rate hiking with only a 50 basis-point increase next month, according to people with knowledge of the matter.
Saudi Aramco, the World’s Largest Oil Producer Has a Dire Warning of Over ‘Extremely Low’ CapaciNov 17, 2022 - 05:29:54 PST
The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels.
Tumbling global stock and bond prices this year, together with pain in private equity amid deteriorating deal volume left investors around the world casting their nets far and wide for opportunities.
Ten Year Treasury Yield Drops, Driving Recession Gauge to Most-Negative Level in More Than 40 YearsNov 17, 2022 - 05:22:08 PST
MW: The benchmark 10-year Treasury yield drops to another one-month low on Wednesday, driving a popular bond-market gauge that is an indicator of a potential recession to its most negative level in more than 40 years.
More Trouble Is Brewing in the $24 Trillion Treasury Market, It’s About Central Clearing: MWNov 17, 2022 - 05:20:01 PST
Efforts to reduce risks within the gargantuan U.S. Treasury market are causing angst among market players.
Wall Street was poised for another day of losses amid mounting concerns about the health of the broader economy and signs that Federal Reserve officials do not see rate hikes pausing any time soon.
Walmart recently announced better-than-expected third-quarter sales growth. This may seem like great economic news until you realize the reason behind the retailer's big jump in sales.As it turns out, wealthier shoppers are flocking to Walmart to make ends meet as rising prices squeeze pocketbooks.
Markets have rallied since we got cooler-than-expected CPI data for October. But in his podcast, Peter Schiff said we are in the eye of the inflation hurricane, and investors have been lulled into a false sense of security.
GOLD BREAKOUT OR BREAKDOWN MARKET UPDATE: It Will Depend On This Important Fundamental Factor Most Analysts IgnoreNovember 17, 2022
With the gold price touching nearly $1,800 a few days ago, precious metals investors are curious to know if this will be a continued Breakout or Breakdown. If we look at this important fundamental, factor ignored by most precious metals analysts, it may provide us with a valuable clue...
Nov 16, 2022 - 12:57:43 PST
40% Decline in Real Prices needed to get back to long-term trend.
Retail stocks face becoming the poorest-performing sector as the cumulative impact from higher rates causes consumption to weaken further.
Nov 16, 2022 - 12:48:28 PST
Redfin had an interesting post where they showed that the “typical” US home now requires income of over $100,000. Of course, it is easy to blame the figure on rapidly rising mortgage ra…
The projections by the Fed governors will always paint a rosy picture. They’re instructed to condition their view on an optimal monetary policy, which obviously makes better outcomes achievable. In the real world, as has been demonstrated over the past year, policy is often far from that ideal, so actual results will usually be worse than implied by the projections.