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US stocks trade mixed as investors assess Fed outlook after August CPI comes in hotter than expected

Wed, 09/13/2023 - 16:07

trader stunned shocked surprised — Investors are widely expecting the Fed to pause interest rate hikes at its next policy meeting.
Getty Images / Spencer Platt

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Inflation, fed-inflation, cpi-report

US stocks rise as traders brush off hotter-than-expected August inflation report

Wed, 09/13/2023 - 09:38

Stock trader worried — Xinhua/Wang Ying/Getty Images

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Inflation, CPI, inflation-report

Wharton professor Jeremy Siegel sees an 'upward tilt' for stocks during the rest of 2023 – and says there's no clear sign of a recession

Wed, 09/13/2023 - 07:43

jeremy siegel point — Wharton Professor Jeremy Siegel says the US economy is undergoing a credit crunch.
Getty Images

Markets, mi-exclusive, Markets, jeremy-siegel, wharton-professor-jeremy-siegel, us-stocks, us-stock-prices

The Fed may do a policy U-turn and slash interest rates as soon as year-end - because a recession almost here, J.P. Morgan Asset Management's CIO says

Wed, 09/13/2023 - 06:56

Tech Insider : Economy, Economy

GettyImages 1229890667 — Fed chair Jerome Powell is due to speak on Thursday
Pool/Getty Images

economy, economy, Recession, us-recession, us-recession-outlook, federal-reserve, interest-rates

Janet Yellen says she's 'feeling very good' about a soft landing, joining Paul Krugman and Larry Summers in cheering on the US economy

Tue, 09/12/2023 - 05:30

Tech Insider : Economy, Economy

janet yellen — Janet Yellen.
REUTERS/ Robert Galbraith

economy, mi-exclusive, economy, janet-yellen, treasury-secretary-janet-yellen, Inflation, Recession

A financial crisis is already baked-in due to the Fed's 'deranged' policy experiments, John Hussman says. Here are the bubble expert's top 9 quotes.

Fri, 09/08/2023 - 11:00

Traders 2008 — John Hussman hopes the "Federal Reserve learns the right lesson this time around."
(Photo by Mario Tama/Getty Images)

Markets, mi-exclusive, Markets, Traders, Stocks, stock-trading, john-hussman

US gas prices soar to their highest seasonal level in a decade even as the summer driving season comes to a close

Wed, 09/06/2023 - 08:34

US gas prices — US gas prices have hit the highest seasonal levels in a decade.
JOSEPH PREZIOSO/Getty Images

Markets, mi-exclusive, Markets, us-gas-prices, gas-prices, Inflation, 2-inflation

US stocks trade mixed to close out tough August as traders brace for jobs report

Thu, 08/31/2023 - 16:06

trader nyse upset screen — Getty Images / Drew Angerer

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, Selloff, fed-inflation, labor-market

US stocks head for a 5-day winning streak as investors assess Fed's favorite inflation gauge

Thu, 08/31/2023 - 09:37

trader happy smile — Getty Images / Mario Tama

Markets, mi-exclusive, stock-market-news-today, daily-market-wrap, pce-inflation, fed-inflation, sp-500

Another inflation wave may be coming as big government spending and high energy costs push prices up, former White House economist says

Tue, 08/29/2023 - 14:24

Tech Insider : Economy

Grocery shopping Washington DC inflation — High economic growth is inflationary & prices already have gone up in key sectors.
Matt McClain/The Washington Post/Getty Images

economy, Markets, us-economy-outlook, Inflation, us-debt, government-spending, gas-prices

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