The list of reasons why the financial market’s wild swings can keep going and even worsen is growing by the day — starting with the fact that investors aren’t yet pricing in worst-case scenarios for inflation and the US economy. Though Wednesday’s consumer-price index report for April should offer more clues, the data won’t entirely […]
Hi, MarketWatchers. Don’t miss these top stories. The 10 most popular cities that Americans moved to last year — and four are in this one state Here’s a hint: No New York or California cities made the Penske list of ’10 Moving Destinations for 2021,’ but plenty of Southern cities did. Read More ‘Open discussion […]
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]
A so-called hard landing of the US economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below. If I am right, it confirms what extremely negative sentiment is already telling us: Stocks […]