Illustration by Risto Avramovski Text size About the Author: Pierre Cramer is Senior Managing Director and Senior Portfolio Manager, Insurance Asset Management at SLC management. This comment reflects his personal opinions. The trajectory of risky assets in 2023 depends on how far the Federal Reserve is willing to go with its interest rate hikes to …
The threat of runaway inflation is still relevant Read More »
Investors, like children on Christmas Eve, expect Santa Claus to come down the chimney, walk to Wall Street and deliver the rewarding gift of a stock market rally. This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock market gains to emerge this holiday season, …
Why stock investors shouldn’t count on a “Santa Claus” rally this year Read More »
WTI and Brent crude oil prices fell for a third straight session on Tuesday, with the US benchmark now at its lowest level in a year. First-month Nymex crude for January delivery closed the day -3.5% at $74.25/bbl, its lowest level in nearly a year, while February Brent crude ended at – 4% to $79.35/bbl, …
Oil markets are bearish but the decline is limited | OilPrice.com Read More »
Is it a good time to get a good mortgage interest rate? Google Street View Suddenly, mortgage interest rates are falling. Then they are standing. What is a consumer supposed to do? Watch and probably wait. “This is still a time of extremely high volatility, so rates can go up and down quickly on short …
As mortgage rates fluctuate, is now the best time to get a good rate? Read More »
Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …
Friday’s jobs report showed that the booming US economy is creating hundreds of thousands of jobs, suggesting rising prices are here to stay despite the Federal Reserve’s efforts to contain them. The United States added 263,000 jobs in November, according to the federal jobs report released Friday, well above the 200,000 job gains expected by …
Three signs from today’s jobs report that suggest inflation will remain elevated Read More »
Corporate profits in the non-financial sector hit a record high of $2.08 trillion in the third quarter, even as inflation, at a 40-year high, continues to weigh on US consumers. Inventory and capital consumption-adjusted profits rose $6.1 trillion between the fiscal second and third quarters, the Commerce Department reported Wednesday, continuing a meteoric recovery from …
Corporate profits hit record high in third quarter amid 40-year high inflation Read More »
Corporate profits in the non-financial sector hit a record high of $2.08 trillion in the third quarter, even as inflation, at a 40-year high, continues to weigh on US consumers. Inventory and capital consumption-adjusted profits rose $6.1 billion between the fiscal second and third quarters, the Commerce Department reported Wednesday, continuing a meteoric recovery from …
Corporate profits hit record high in third quarter amid 40-year high inflation Read More »
Business surveys released on Wednesday pointed to a decline in output in Europe’s largest economies in November, bolstering expectations that high energy prices will push them into contraction in the final quarter of this year and from the first quarter to the next. Some economists believe it is possible that the US economy will also …
The global economy is slowing, but seems poised to avoid recession Read More »
