Markets are preparing for a “Recession Powell” that could come soon

Just in case there is any lingering doubt, the bond market is now pricing in the near certainty of a recession, triggered by the Federal Reserve, already here or on the way soon. The three-month Treasury yield now stands at about 86 basis points from 10 years ago, a level not seen since at least … Read more

Latest news about Russia and the war in Ukraine

The UK says Russia is unnecessarily strengthening its defenses in Belgorod Britain’s Ministry of Defense said Russia’s decision to expand defensive positions along its international border with Ukraine, and within the Belgorod border region, reflected a misplaced belief that Ukraine might try to invade Russia. A view of damaged buildings in Belgorod, Russia, after the … Read more

Hong Kong stocks fall as China announces more Covid easing, and trade data disappoints

Apple and NVIDIA customers can pay more for US-made chips: Analyst Apple and NVIDIA customers are likely to face price hikes from Taiwan Semiconductor Industry CorporationArizona chip plant, according to a strategist. “Subsidies will play a huge role in helping bridge the gap from an economic point of view, but there will also be price … Read more

European markets, stocks, news, data and earnings

Shares in flux: Ashtead up 4%, ADP down 13% Aeroports de Paris (ADP) Shares fell more than 13% in early trading after Royal Schiphol sold its remaining 3.91% stake in the company at a discount. at the top of the European Big Business Index, Ashtedt group It rose more than 4% after the British equipment … Read more

Bank of America sees AI transforming the internet over the next five years – top stocks are going mainstream

Artificial intelligence will be a catalyst for big tech stocks in the next five years, according to Bank of America. The sector took a beating in 2022 thanks to macro factors, including inflation and rising interest rates. The heavy Nasdaq Composite is down 25% this year, compared to the S&P 500’s drop of nearly 12%. … Read more

The collapse of FTX shows that the cryptocurrency market needs bank-like regulation

Rob Nichols is President and CEO of the American Bankers Association and Dennis Kelleher is President and CEO Better Markets, a Washington-based nonprofit organization that promotes financial market reform. Recent turmoil in the trillion dollar crypto sector, incl FTX’s Sudden liquidity crunch and stunning crash, triggered Bank operating concept She is famous for movies like … Read more

Analysts say that Germany’s housing market is facing a serious downturn in prices

The German housing market has been remarkably strong in the past two decades, but it faces a serious price correction in the next two years, according to some analysts. Tim Graham / Contributor / Getty Images The German housing market has been remarkably strong for decades, but it faces a serious price decline over the … Read more

Car parking has become as important as cars in climate change efforts

Vcg | China Optical Group | Getty Images It’s not just cars that will go through the energy transition in the coming years. Parking lots where electric vehicles are recharged are a growing focus of construction efforts linked to climate change and carbon abatement. A law approved in France last month requires that car parks … Read more

The Fed’s path to a “moderate” economy just got more complicated

A “Help Wanted” sign is displayed in a store window in Manhattan on December 2, 2022 in New York City. Spencer Platt | Getty Images In terms of jobs reports, the November report wasn’t exactly what the Fed was looking for. The higher-than-expected payroll number and a hot wages reading that was double what Wall … Read more

We expect more volatility after a week of mixed market signals

All major stock averages closed higher for the week thanks to Friday’s afternoon rally that brought the Dow back into positive territory. The action was prompted by several major economic reports, including the November ADP employment report, the non-farm payrolls report, and the personal spending report for October. Perhaps more important was Federal Reserve Chairman … Read more