Bonds flash recession warning light as key part of the yield curve inverts again

Bonds flash recession warning light as key part of the yield curve inverts again

The bond market is flashing a warning that the economy may be falling or already has fallen into recession, according to one closely watched measure. Market pros watch the spread on the Treasury yield curve, or the difference between the longer duration Treasury yields and shorter duration yields. Normally, longer duration yields, like the yield … Read more

Recession fears flare and jobs report looms as markets head to Q3

Recession fears flare and jobs report looms as markets head to Q3

Traders work on the floor of the New York Stock Exchange. NYSE Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it might otherwise have been. The jobs report and Wednesday’s release of minutes from the Federal … Read more

UBS says this economy is going through ‘slowflation’ and gives stocks to play it

UBS says this economy is going through ‘slowflation’ and gives stocks to play it

UBS believes the US is about to enter a period of “slowflation,” not stagflation. The investment bank said in a note Tuesday that it sees the economy entering a slowflation period in the next 12 to 36 months. Unlike stagflation periods that are characterized by stagnant economic growth and high inflation, slowflation periods are marked … Read more

ASX rises sharply, tracking strong gains in global markets as commodity prices ease worries about inflation

ASX rises sharply, tracking strong gains in global markets as commodity prices ease worries about inflation

Australian shares have started the day higher, as investors look to shrug off hopes about renewed rate hikes on the back of soaring inflation while improving underlying prices are expected to aid domestic commodity stocks. Key points: ASX 200 has plummeted by 11.6 per cent since the year began The Dow Jones index rose 2.7pc … Read more

Quarter-end buying may lift stocks higher before the next market storm

Quarter-end buying may lift stocks higher before the next market storm

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an … Read more

Stock futures are flat after markets claw back some losses

Stock futures are flat after markets claw back some losses

US stock index futures were flat overnight Tuesday after the major averages jumped in regular trading hours, attempting to claw back some losses following weeks of selling. Futures contracts tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq 100 were little changed. During regular trading Tuesday, the Dow surged 641 points, or 2.15%. … Read more

Premarket stocks: The stock market sell-off could be just getting started

Premarket stocks: The stock market sell-off could be just getting started

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — If you’re nervous about the stock market, you’ve got good reason to … Read more

Inflation the biggest poison for the world economy

Inflation the biggest poison for the world economy

Europe and the US face a high probability of recession as central banks are forced to aggressively tighten monetary policy to combat inflation, according to Deutsche Bank CEO Christian Sewing. The US Federal Reserve, European Central Bank, Swiss National Bank and the Bank of England all moved to rein in inflation last week, albeit to … Read more

Global Stocks Gain Ground; Crypto Steadies

Global Stocks Gain Ground;  Crypto Steadies

International stocks broadly rose in the absence of fresh news about inflation and interest rates, while US markets were closed for the Juneteenth public holiday. Stocks and bonds have been pummeled globally this year. Driving the selloff are the push by the Federal Reserve and other central banks to quell inflation, and concerns that higher … Read more