EghtesadOnline: The stock market's steady rise, still low long-term bond yields and a sagging dollar are girding the Fed's intent to raise interest rates again this year despite concerns about weak inflation, according to comments this week from Fed officials and analysts anticipating remarks next week by Chair Janet Yellen.
EghtesadOnline: Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual bubble is, and when it pops, it’ll be bad for everyone.
EghtesadOnline: A selloff in technology shares spoiled an otherwise buoyant day in the U.S. stock market as companies from Apple Inc. to Nvidia Corp. tumbled. The British pound dropped as the U.K.’s ruling Conservative Party lost its parliamentary majority, plunging the country into uncertainty just days before Brexit negotiations were due to start.
EghtesadOnline: For two decades, William Dudley has led a charge to change the way central bankers think about how they steer their economies through the booms and busts of financial markets. As president of the Federal Reserve Bank of New York, he’s showing them during the current tightening cycle what he’s been talking about all along.
EghtesadOnline: For the stock market, the drawn out attempt to pass a health-care bill may not matter after all.
EghtesadOnline: The latest leg of the relentless rally in U.S. stocks since Donald Trump was elected president has all the hallmarks of being driven more by sentiment than sense, but that doesn't mean the ride is over, although it could well be a bumpier one from here.
EghtesadOnline: U.S. President Donald Trump welcomed a record surge in the stock market on Thursday, a day after the Dow blasted through the 21,000 mark for the first time after his speech to Congress.
EghtesadOnline: Follow the money: it’s a classic Washington catchphrase. And if you follow the money on Wall Street right now, it’s hard to see how all that chaos in the White House you’ve been reading about adds up to much for the financial markets.
EghtesadOnline: Next week's Federal Reserve meeting and possible signals on the pace of rate hikes for next year could pose the biggest risk yet to the rally the U.S. stock market has seen since last month's presidential election.