The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
‘We have a whole lot more to go down’: Suze Orman says we’re headed for a recession and warns things may get a ‘little bit ugly.’ Here's what she likes for safety
Suze is bearish — but not on everything.
‘We are in a recession’: Long-time bull Cathie Wood warns investors about the ‘big problem’ in the economy. Here’s what she likes today
The super investor still sees opportunities ahead.
First Mover Americas: It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 1, 2022.
Airbus announced orders for jets in the A320 family from three Chinese airlines. It's a nice way for theaircraft maker to start the second half of 2022.
In 2019, 35.7 million people relied on the Supplemental Nutrition Assistance Program (SNAP) to eat, according to the Annie E. Casey Foundation, but enrollment had been steadily declining since 2013....
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still raging, it's time to follow his lead
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
- Yahoo Finance
What to watch in markets on Thursday, June 30, 2022.
- Motley Fool
In fact, since hitting their respective highs, the Dow Jones Industrial Average has fallen into correction territory, down 15%, while both the S&P 500 Index and the tech-heavy Nasdaq Composite are both in a bear market, down 20% and 30%, respectively. The wild volatility and rapid market declines have weighed on investor sentiment this year. As the Nasdaq has fallen, it has taken a number of impressive growth stocks down with it, creating incredible deals in the process.
The current market conditions – the NASDAQ is down 29% year-to-date, and the S&P 500 is down 21% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, which offer both learning opportunities and strong upside potential. However, in evaluating stocks to buy, it
- Motley Fool
In periods of rising inflation and slowing economic growth, investors have historically turned to dividend stocks to see them through. The asset managers at Hartford Funds looked at the performance of the benchmark S&P 500 going all the way back to 1930 and found that dividends contributed 40% to the total return of the index over that 91-year period. Through wars and recessions, terrorist attacks and pandemics, dividend stocks as a category have always generated positive returns, even during the so-called "lost decade" of the 2000s when the dot-com bubble burst, 9/11 happened, and the financial markets brought down the housing market.
- Business Insider
Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped drive bitcoin briefly below $19,000 as crypto losses deepened.
Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund's failure to make required payments on a loan. In a statement, Voyager Chief Executive Stephen Ehrlich said the move gives the company "additional time to continue exploring strategic alternatives with various interested parties" while preserving the value of the platform.
- Motley Fool
For more than a century, the Dow Jones Industrial Average (DJINDICES: ^DJI) has been the most widely followed stock index. When market volatility picks up -- as it has since the year began -- it's not uncommon for successful money managers to seek the safety of the mature stocks that comprise the Dow Jones. Form 13F filings with the Securities and Exchange Commission (SEC) by billionaire money managers show this to be true.
Seemingly every asset has dropped this year -- and the one that hasn't will get crushed by a recession, a strategist says.
During times of overall market weakness, it's very beneficial for investors to have a stream of income that'll help offset drawdowns.
- Motley Fool
It's not an easy time to be an investor right now. Stock prices have plummeted over the last six months, and many Americans are worried that a recession could be looming. Nobody knows when the market will bottom out or how long it might take to recover, which only adds to many investors' concerns.
Bitcoin, the largest and oldest cryptocurrency, is headed for its biggest quarterly decline in more than a decade.
A bear market leaves the S&P 500 with its worst first six months since 1970. Here's what's happened after stocks suffered steep first-half stumbles in the past.
- The Telegraph
China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.