June brought the best monthly US jobs growth of the year, but stockmarkets were not best pleased.
The rally in global equities may have further to go as investors return to the market.
Fears of a downturn are playing on the minds of plenty of investors right now, says John Stepek. But they are getting ahead of themselves.
Markets have been spooked by the inversion of the US bond yield curve, which often – but not always – heralds a recession.
At its latest meeting, the Federal Reserve surprised everyone by being even more dovish than expected. But markets aren’t exactly roaring ahead. John Stepek explains why.
Markets are bracing themselves for another monetary policy meeting from the US Federal Reserve. John Stepek explains why it’s so important.
The average age of firms listed in the US has been rising for three decades. It’s now 20 years, twice the figure seen in the 1990s dotcom craze.
Last August the S&P’s bull market became the longest since World War II. Pundits have been predicting its end for some time now, but the economic backdrop suggests that there is no immediate reason to be bearish.
Donald Trump has called a truce in the trade war and won’t be imposing punitive tariffs on Chinese goods. John Stepek looks at what’s behind the decision, and what it means for you.
Jerome Powell went out of his way to placate liquidity-addicted markets last week. But if the US economy bounces back, the Fed may find itself having to raise rates – and very quickly too.
To the delight of investors, Jerome Powell has finally capitulated and embraced the “Greenspan put”. That could mean a stockmarket melt-up, says John Stepek – and full steam ahead to the next crisis.