Dow Drops Over 800 Points; S&P 500 Falls Into Bear-Market Territory:

The stock-market selloff deepened Monday, with the S&P 500 entering a bear market, as investors took another look at Friday’s red-hot inflation data and liked it even less. Faced with rising chances of aggressive monetary tightening by the Federal Reserve, investors broadly unloaded risk. The S&P 500 slumped 3.9% as 495 of its 500 components … Read more

Fed’s Stern Message Amplifies Worries About Stock Valuations:

The prospect of faster-than-expected monetary tightening has rattled Wall Street, dragging the S&P 500 deeper into bear territory Tuesday and forcing investors to reassess a stock market that does not look cheap even after its dramatic selloff. It has been an ugly spell in markets, reflecting concerns about how the economy will hold up as … Read more

Fed’s Stern Message Amplifies Worries About Stock Valuations:

The prospect of faster-than-expected monetary tightening has rattled Wall Street, dragging the S&P 500 deeper into bear territory Tuesday and forcing investors to reassess a stock market that does not look cheap even after its dramatic selloff. It has been an ugly spell in markets, reflecting concerns about how the economy will hold up as … Read more

In `fragile ‘financial markets ahead of Fed’s decision, some traders and strategists see risk of instant recession:

Financial markets are on precarious footing since last Friday’s surprise reading on accelerating US inflation for May – with Treasurys, stocks, credit and currencies all exhibiting friction or tension ahead of the Federal Reserve’s interest-rate decision on Wednesday. According to strategist Ben Emons and trader Tom di Galoma, the process of transmitting monetary policy through … Read more

In `fragile ‘financial markets ahead of Fed’s decision, some traders and strategists see risk of instant recession:

Financial markets are on precarious footing since last Friday’s surprise reading on accelerating US inflation for May – with Treasurys, stocks, credit and currencies all exhibiting friction or tension ahead of the Federal Reserve’s interest-rate decision on Wednesday. According to strategist Ben Emons and trader Tom di Galoma, the process of transmitting monetary policy through … Read more

The Fed Minutes Are Here. 4 Key Themes to Watch.

Minutes from the Federal Reserve’s May meeting can be read here. Read a preview below and check back for more analysis. When the Federal Reserve on Wednesday releases the minutes from its most recent policy meeting, investors will get a deeper look at deliberations over monetary-policy tightening and officials’ views of the economy. During the … Read more

Dow Slides More Than 1,000 Points as Investors Reassess Fed Comments:

US stocks fell sharply, led by technology and other growth stocks, as investors assessed the implications of the Federal Reserve’s most aggressive tightening of monetary policy in more than two decades. The S&P 500 dropped 3.7% as losses accelerated in midday trading Thursday. The tech-focused Nasdaq Composite Index fell 4.9%, and the Dow Jones Industrial … Read more

Some economists say a recession is inevitable. Should you pay off your mortgage now? Consider these factors first.

An economic downturn appears to be in the cards. And that could put some homeowners in a tight spot. Fears of a recession were stoked last week when data showed that the US economy shrank in the first quarter at a 1.4% annualized rate. Roger Ferguson, who previously served as a Federal Reserve governor, said … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more