Investors, already grappling with a sinking stock market and fears that the US economy may be heading for a recession, now turn their focus to the consumer. For one thing, consumer discretionary stocks are among the hardest hit. The market’s fixation on peak inflation and how many times the Federal Reserve could hike interest rates … Read more
Bonds are back, say investors who are daring to buy into the battered market. Stability emerged in debt markets this week, with the 10-year US Treasury yield retreating from a peak over 3% following a five-month routines that worsened as stocks plummeted. While most of the buyers anticipate further turmoil if the US economy slides … Read more
A monthslong selloff in the stock market has accelerated lately, with the pain spreading beyond technology shares and speculative corners of the market. Recently, even consumer-staples companies, which had been relatively shielded from the turmoil, have taken a hit. Major indexes are hovering near their lows of the year, with the S&P 500 down 18%, … Read more
Are we headed for a recession? The stock market sure has been acting like it, with the S&P 500 nearing bear-market territory. US gross domestic product fell at a 1.4% annual rate in the first quarter, and another quarter of negative growth would officially mark a recession. So, we asked financial advisors: What are you … Read more
It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation – a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an … Read more
Will home prices fall? Getty Images Gone are the uber-low mortgage rates of 2021. Indeed, average 30-year-fixed mortgage rates have risen from roughly 3.5% to about 5.6% this year, and pros say they expect them to climb further (see the lowest mortgage interest rates you can get now here). One might think that these rising … Read more
Baltimore is the least overvalued housing market, new study reveals. Getty Images Housing prices have risen rapidly in the past year, even as mortgage rates are on the rise with pros saying they will likely go up more (see the lowest mortgage rates you can qualify for here). But some markets are now a lot … Read more
Stock and bond investors expect a “watershed” moment in Wednesday’s inflation data were left disappointed, analysts and economists said, leaving open the debate over whether the market is close to putting in a bottom. The April consumer price index was certainly hotly anticipated, attracting the sort of pre-release scrutiny usually reserved for items like the … Read more
I know what you’re thinking: Why, oh why, didn’t we all just “sell in May and go away” like that stupid Wall Street saying recommended? Plenty of other articles will hash out the hows and whys behind recent volatility. This is about potential actions to take via tactical alternatives and defensive strategies that may be … Read more
Zillow Group Inc. blew away revenue expectations for the first quarter Thursday, but reflected the uncertain future for the real-estate industry with a disappointing forecast, pushing shares down in after-hours trading. Zillow Z, -9.88% ZG, -9.42% reported a first-quarter profit of $ 16 million, or 6 cents a share, on revenue of $ 4.26 billion, … Read more
