This stock market rout looks like the dot-com bust of 2000, says investing guru

Forget about buying the dip, for a while. That’s John Duffy, founder and CEO of Trending Stocks, about why he thinks the stock market could be in for a long, early 2000s-style unwind akin to what happened in the wake of the dot-com bust. Duffy, who launched his investing platform this spring, pointed to similarities … Read more

S&P 500 falls to two-year low, bear market rally snuffed out

Sept 27 (Reuters) – The S&P 500 (.SPX) fell to its lowest level in almost two years on Tuesday on worries about super aggressive Federal Reserve policy tightening, trading under its June trough and leaving investors appraising how much further stocks would have to fall before stabilizing. Stocks have been under pressure since late August … Read more

Analysis: Crowd of dollar bulls raises risk of violent pullback

A teller counts U.S. dollars at a money changer in Jakarta, Indonesia May 18, 2015. REUTERS/Nyimas Laula/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 26 (Reuters) – Some investors are growing concerned the dollar’s meteoric rise is setting the stage for a rapid reversal, which would bruise those who … Read more

Inflation fight can avoid deep pain, Atlanta Fed president says

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 25 (Reuters) – Atlanta Federal Reserve President Raphael Bostic said on Sunday he still … Read more

Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history

““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” — Jeremy Siegel Wharton professor Jeremy Siegel has a bone to pick with Federal Reserve Chair Jerome Powell. The longtime … Read more

If you’re selling stocks because the Fed is hiking interest rates, you may be suffering from ‘inflation illusion’

Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically. It would be important to challenge … Read more

Bond sell-off worst since 1949, investor sentiment plummets – BofA

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949 and investor sentiment has plummeted … Read more

Central banks raise rates again as Fed drives global inflation fight

Rates raised from Britain to Indonesia after Fed moved Investors price in bigger hikes from ECB Japan steps in as yen plummets Emerging market currencies under pressure FRANKFURT/WASHINGTON, Sept 22 (Reuters) – Global central banks continued raising interest rates on Thursday, following the U.S. Federal Reserve in a fight against inflation that is sending shockwaves … Read more

‘Fear gauge’ futures signals U.S. stock selling crescendo

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 21 (Reuters) – Futures tied to Wall Street’s fear gauge on Wednesday sent a signal that has historically marked … Read more

Gold price will ‘collapse’ today if the Fed makes this crucial decision – Adrian Day’s FOMC preview

The Federal Reserve is likely to raise the Federal Funds Rate by no more than 75 basis points at this week’s Federal Open Market Committee (FOMC) meeting, despite the markets having priced in a higher chance of a 100 basis point increase following last week’s Consumer Price Index (CPI) report, according to Adrian … Read more