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Whose Money Evaporated when JP Morgan, BlackRock, Pimco, Calpers, on Huge Losses on Russian Assets?Mar 15, 2022 - 07:34:32 PDT
OPM = Other People’s Money — namely from American and European retail investors and pension beneficiaries.
Mortgage rates rose by 12 basis points today, 13 basis points on March 7 and March 8.
Petrodollar Cracks: Saudi Arabia Considers Accepting Yuan For Chinese Oil SalesMar 15, 2022 - 07:24:50 PDT
One of the core staples of the past 40 years, and an anchor propping up the dollar's reserve status, was a global financial system based on the petrodollar - this was a world in which oil producers would sell their product to the US (and the rest of the world) for dollars, which they would then recycle the proceeds...
Following the far-hotter-than-expected CPI print, analysts expected Producer Prices to extend their acceleration, and they did rising 10.0% YoY in February (vs +9.7% YoY in January), hitting double-digits for the first time since Bloomberg data began.
The Fed is supposedly about to step into the ring to fight inflation. But all indications are it's going to be a feckless fight.
There’s been a massive reaction to Credit Suisse analyst Zoltan Poszar’s note about the birth of a new Bretton Woods agreement.
"The first rate hike move from the U.S. quite often signals a low point in gold, so we'll see what kind of signal they send tomorrow, and how hawkish their statement is, which will probably determine the short-term outlook from here," said Saxo Bank analyst Ole Hansen.
New economic projections from the Federal Reserve this week will show how far and how fast policymakers see interest rates rising this year, in a first test of the impact of the Ukraine war and surging inflation on the coming shift in U.S. monetary policy.
As home prices soar, housing affordability is sinking to the lowest levels since 2008 and first-time buyers - who haven't benefited from rising home values and are also coping with rising rents - are being squeezed out.
Russia’s economy is fraying, its currency has collapsed, and its debt is junk. Next up is a potential default that could cost investors billions and shut the country out of most funding markets.
Very-high natural gas prices are already taking a toll on European consumers, but analysts are now warning that the continent could face an actual recession if Russia decides to cut off gas supply
The US dollar is threatening the ¥118 level, an area that is significant resistance level on the monthly chart. Because of this, it is very possible that the market could go looking much higher, or perhaps have to pull back before making another attempt.
The bond market is starting to grapple with the risk that inflation could be tough to rein back
S&P 500 Marks 1st Death Cross in 2 Years As Investors Assess Russia-Ukraine Ahead of Fed DecisionMar 15, 2022 - 05:37:50 PDT
Major indexes struggle to hold on to gains, with Nasdaq Composite slumping to lowest level since December 2020 as investors monitor Russia-Ukraine updates.
Gold is an important part of your investment portfolio. But when you're buying gold, you don't want to overpay and you need to be on the lookout for scams.
Wild swings in asset prices following Russia's invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets. At issue is liquidity – or the ease at which investors can buy or sell an asset...
It’s a sign of the times for algorithm-driven trading firms in China: one of the nation’s biggest quant shops advised some clients to take their money back.
Over the past few weeks, some have noticed that analysts have been revising down their expectations for corporate earnings.
Investors are getting very antsy, according to the latest survey of managers from Bank of America.
A selloff across Chinese stocks deepened on Tuesday, with concerns about the nation’s ties to Russia and persistent regulatory pressure sending a key index to the lowest level since 2008.