ICYMI: Producer prices were up 9.6% in November from a year earlier, the government said. The Fed said it would accelerate the slowdown of its bond purchases and wind them down to zero in March.
Maybe you’ll be seeing the word “transitory” less often in the financial media, unless it is to poke fun at Federal Reserve Chairman Jerome Powell and other central-bank officials’ pivot to hawkishness on monetary policy.
With all the warnings in the financial media that a change in policy by the Federal Reserve would spook the stock market, investors’ reaction was mild when the Federal Open Market Committee said on Dec. 15 that it would accelerate the slowdown of its bond purchases and wind them down to zero in March. That might put upward pressure on long-term interest rates. Then again, negative interest rates outside the U.S. may keep demand for U.S. Treasury paper high enough to hold yields down.
A contrarian list of stocks for 2022 Barbara Kollmeyer writes the daily Need to Know column, summarizing the early market buzz each day. But this week she shared something for investors looking ahead to different action in the stock market after such excellent performance for the broad indexes during 2020 and 2021. Here are lists of contrarian stock plays for 2022 from analysts at Citigroup.
Video games, money and life Jeremy Olshan, managing editor for Barron’s Group, interviews Ninja, a popular-videogame streamer, about the lessons games can teach people about money, budgeting and life-skills. Debbie Carlson explains how brutal capital-gains distributions can be for mutual-fund investors because of the tax consequences.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
There Are Scarier Things Than a Hawkish FedThe Federal Reserve could make a mistake by tightening too aggressively, but even worse would be a Covid-19 outbreak that takes tightening off the table.
Read more »
Fed policymakers make case for rate hikes after end of bond-buying taperCiting high U.S. inflation and a job market that's nearing its full potential at least while the COVID-19 pandemic continues, Federal Reserve policymakers on Friday laid out a case for raising interest rates soon after the central bank ends its bond-buying program in March.
Read more »
Time for the Santa rally? U.S. stock market futures extend post-Fed swing higherU.S. stock futures pointed to further gains Thursday, extending the rise that was seen after the Federal Reserve interest-rate decision.
Read more »
Trip.com Beats Expectations, Alibaba Investor Day Kicks Off As Hong Kong & China StabilizeThe market sentiment seemed cautious ahead of the expected US Commerce Department announcement which included some speculation that biotech companies will be added to the technology export ban
Read more »
Trip.com Beats Expectations, Alibaba Investor Day Kicks Off As Hong Kong & China StabilizeThe market sentiment seemed cautious ahead of the expected US Commerce Department announcement which included some speculation that biotech companies will be added to the technology export ban
Read more »
Interest rate hike needed 'shortly' after March end to asset purchases, Fed's Waller saysThe outlook for the economy was bright and the labor market was close to the Fed’s goal of “maximum employment,” Fed Gov. Christopher Waller said.
Read more »