US companies are employing more people than ever, and wages are rising. That’s good for American workers, but not so good for the stockmarkets. John Stepek explains why.
After the political upheavals of 2016, a period of profound social and economic change is upon us. John Stepek looks at the big trends investors must be ready for next year.
Italy used to be able to gain breathing space by letting its currency depreciate. Now that it’s part of the single currency, it can’t.
Bond markets have borne the brunt of the Trump victory amid a jump in inflation expectations and high valuations. The worst falls have been in long-dated government bonds.
Donald Trump’s presidency could spell the end of the global bond bull market. But there’s one asset it could be very good for, says John Stepek: Japanese stocks.
Could this finally be the end of the bond bull market, after a 35-year run? If it is, get ready for a big shift in the investment landscape.
With inflation on the horizon, holders of long-term bonds could be badly stung by “duration risk”. John Stepek explains what that is, and why it might be time to sell.
Saudi Arabia’s record-breaking bond sale was the biggest-ever issue of emerging-market debt. We could just have seen the top of the bond market, says John Stepek.
After a 35-year bull market, signs of a major turnaround are mounting in the bond market.
Central bankers are hoping that a little inflation could heal some of the damage caused by the Great Recession. But that won’t make bond investors happy, says John Stepek.
Italy’s sale of its first 50-year bond attracted €18.5bn of orders, far more than the government had expected.