Looming S&P 500 Bear Case Sees 15% Drop on Fed Balance-Sheet Unwind
Bulls getting comfortable with Fed rate-hike policy have another threat to contend with. Morgan Stanley says potential to send stocks to fresh lows.
Bulls getting comfortable with Fed rate-hike policy have another threat to contend with. Morgan Stanley says potential to send stocks to fresh lows.
Inversion of US Treasury yield curve flashing long-term interest rates have peaked, stocks bottomed out, and Fed tightening approaching limit.
Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month.
KC Fed President Ester George said ample US savings will help to buffer households but could mean higher interest rates are needed to cool spending.
Two Democratic senators want former CEO Sam Bankman-Fried and other FTX executives to be held accountable.
US Senators asked Fidelity Investments to rethink decision to grant retirement plan participants exposure to Bitcoin in aftermath of FTX implosion.
Two Fed officials reinforced expectations central bank will slow pace of interest-rate increases next month, even as they stressed need to tighten.