Bank of America Securities said investors should be cautious about the U.S. stock market, as growing “bear market signals” suggest a potential peak is near. The strategist team led by Savita Subramanian wrote in a report on June 5: “There are too many warning signs.” They recommended “taking profits.” Strategists say that about 70% of […]

Just three weeks after taking office, Federal Reserve Chair Kevin Warsh faces an extraordinary high-risk test. Inflation is rebounding strongly at the fastest pace in three years. Disagreements among central bank policymakers are intensifying. Investors are selling U.S. Treasury bonds, betting that the Federal Reserve will begin raising interest rates in December—contrary to President Trump’s […]

BMO Capital Markets believes that betting on the continued strength of the dollar is the most straightforward way for forex traders to position themselves in an environment of renewed high interest rates and inflation. BMO’s chief foreign exchange strategist, Mark McCormick, wrote in a report on Monday that forex market traders—whose daily trading volume reaches […]

According to Citadel Securities, the next major risk facing investors is a tightening financial environment, as the Federal Reserve may need to raise interest rates “soon” to curb rising inflation pressures. Nohshad Shah, head of fixed income sales for Europe, the Middle East, and Africa at Citadel Securities, wrote in a client report that a […]

According to a survey released by the Federal Reserve Bank of New York on Monday, Americans’ outlook on the labor market turned more pessimistic in May, with job prospects for job seekers dropping to their lowest level this year. The survey also showed that consumers’ inflation expectations remained largely unchanged compared to a month earlier. […]

Blackstone has become the latest firm to restrict redemptions amid ongoing investor withdrawals, after investors attempted to redeem 10% of their shares in its flagship private credit fund. According to documents filed on Thursday, the $79 billion Blackstone Private Credit Fund (BCRED) informed shareholders that only 5% of shares would be allowed for redemption—marking a […]

U.S. President Donald Trump said the Federal Reserve’s decision to raise interest rates was wrong, as Kevin Warsh, whom he nominated to lead the Fed, is about to chair his first Federal Reserve policy meeting. Trump attempted to shift market sentiment during an interview on NBC’s “Meet the Press,” following a strong U.S. jobs report […]

San Francisco Federal Reserve Bank President Mary Daly said the current monetary policy environment is favorable, but there is too much uncertainty in the economic outlook to predict the direction of interest rates. “Regardless of how the economic situation evolves, we are prepared to respond,” Daly said Thursday at the Bloomberg Technology Conference in San […]

According to data from Japan’s Ministry of Finance, Japan spent a record $74 billion over the past month to support the yen’s exchange rate after it fell below 160 against the U.S. dollar. This marks the first time since 2024 that the Japanese government has intervened in the market. The ministry released data on Friday […]

Oxford Economics said that global food shortages caused by extreme weather will lead to higher price increases in the eurozone than in G7 economies. Economic advisors noted in a report that the “severe” impact of climate events on food prices could lead to an annual increase of 1.6 percentage points in food prices across countries […]