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.
A combination of combination of slowing profits and rising interest rates is bad news for US stocks.
Jerome Powell is talking a tough game with the markets. But, says John Stepek, it won’t be too long before we find out just how hard-nosed he really is.
Prices are rising in the US, and so far markets have taken it all in their stride, says John Stepek. The assumption is that the Fed won’t be making any sudden moves.
Stock markets in the US have enjoyed a long bull run. But as Matthew Partridge explains, it’s time to take the other side of the bet.
At first, stocks reacted entirely predictably to the higher-than-expected inflation data from the US, says John Stepek. And then, something else happened.
New Fed chief Jerome Powell is taking over just as the biggest, most influential trend in recent financial history is turning. Whatever he does next, markets will take a knock.
There are some risks around, but in America and the rest of the world, the economic outlook is in general very good. Merryn Somerset Webb looks at what you should be holding now.
Last week Congress failed to approve a bill to continue funding government operations. But US equities have largely ignored the fuss, hitting yet more record highs.
MoneyWeek’s regular contributors each pick one of their favourite investment ideas from around the world for 2018 and beyond.
The Dow Jones reaching 25,000 has got newspapers all in a flap. That, as John Stepek explains, is just plain nonsense.