Inflation May Have Peaked... Or Maybe Not: Morning Brief
(Yahoo!Finance) - Prices continued to rise in the United States in the month of March, jumping 8.5% compared to March 2021.
(Yahoo!Finance) - Prices continued to rise in the United States in the month of March, jumping 8.5% compared to March 2021.
The raging global energy crisis and ever-more hawkish central banks knock key economies into 1970s-style stagflation.
The share of investors expecting the economy to deteriorate is the highest ever, according to the latest Bank of America Corp. fund manager survey.
By sometime next year, the U.S. economy may be limping around like Tiger Woods this past weekend at the Masters.
Trying to use stock and bond signals to forecast economy is never easy. With wild swings in markets these days, risks becoming exercise in absurd.
Primary reason to sell bank stocks today would be anticipation the Fed will be too aggressive with monetary policy in its efforts to reduce inflation.
The long-term outlook for credit is getting increasingly bleak as a recession looms in the U.S.