The US central bank, the Federal Reserve, did what it always said it was going to do and raised interest rates. Markets promptly threw a fit. John Stepek explains why.
Articles written by John Stepek
Black Friday, Amazon’s post-Thanksgiving shopping bonanza, makes sense in America. But not in the UK, says John Stepek. Here, it’s laying waste to retailers’ most profitable time of year.
Trump, Brexit, Frenchmen on the rampage – no wonder markets are depressed. Politics has certainly grabbed the headlines, that’s true. But it’s not the real reason for the market slump.
The US dollar doesn’t look like weakening anytime soon. John Stepek looks at how that affects the charts that matter most to the global economy.
House prices are cooling off. Many want to pin the blame on Brexit. But there’s more to it than that. John Stepek explains what’s going on with Britain’s property market.
UK stocks are paying higher dividend yields than at any point since the financial crisis, says John Stepek. Should you buy in?
Emerging markets have had a tough year. Still, as investment guru Jeffrey Gundlach notes, they’ve still outperformed global indices.
Theresa May’s political woes are grabbing headlines, but leave us no wiser as to which type of Brexit we’ll get, says John Stepek. So what would a no-deal Brexit mean for your money?
After Theresa May’s less than convincing win in the Conservative Party’s no confidence vote, John Stepek looks at how the markets have reacted, and what it means for your money.
Theresa May’s postponement of the Brexit vote has increased the chances of no deal. That’s rattled the markets. But it wouldn’t be the worst outcome. John Stepek outlines the markets’ biggest fear.