More from Joy Wiltermuth
Stocks are pulling back, but UBS sees costs of sitting on the sidelines
The S&P 500 could post 7%-10% annualized returns in the next decade, despite a wall of uncertainty and the latest pullback, according to UBS Global Wealth.
Count on a Fed pivot only after this happens, says JPMorgan Funds strategist
The public likely needs to grow 'more fearful of recession than inflation' before the Federal Reserve starts to slowly pivot back to an easy-money stance, says JPMorgan Funds' chief global strategist.
Breaking Stocks end with back-to-back losses after Dow's 1,000-point skid on Friday
Stocks booked back-to-back losses on Monday, with the Dow adding to its 1,000-point skid Friday after Federal Reserve Chairman Jerome Powell vowed not to back down on fighting inflation until U.S. costs of living fall back...
Breaking Dow posts 1,000-point drop Friday after Powell warns of pain for households, businesses
The Dow skid 1,008 points on Friday, marking its biggest pullback in more than three months, as stocks sold off sharply after Federal Reserve Chairman Jerome Powell warned of the pain to households and businesses to come a...
Fed should hurry to get rates to a restrictive territory but not go too far, warns BlackRock
The Federal Reserve 'won’t be easily swayed into reversing hikes next year, and will stay with the elevated Funds rate for a long time,' warns BlackRock’s Rick Rieder, after Powell's frank Jackson Hole speech.
Breaking Dow skids 750 points, putting it on pace for worst daily drop since mid-June
The stock-market selloff was intensifying Friday afternoon following Federal Reserve Chairman Jerome Powell's terse speech at Jackson Hole vowing to fight inflation until the battle has been won by bringing the annual cost...
Breaking Dow sheds 400 points, stocks drop after Fed's Powell warns of more pain from inflation fight
U.S. stocks tumbled Friday to session lows after Federal Reserve Chairman Jerome Powell delivered blunt remarks on the pain the U.S. inflation fight likely will cause households and businesses at the annual Jackson Hole, W...
How stocks perform when central bankers gather each year at Jackson Hole
U.S. stocks tend to tick up as central bankers gather at Jackson Hole, Wyo., but the real upswing comes later, according to Bespoke Investment Group.
Breaking Dow scores 322-point gain Thursday as stocks rally to best day in two weeks
The Dow and S&P 500 booked their best day of gains in about two weeks on Thursday as investors looked forward to hearing from the Federal Reserve's Jerome Powell on Friday at the annual Jackson Hole, Wyo. economic gatherin...
Why Powell’s speech on Friday likely matters less for stocks than a sputtering housing market
Inflation, job losses and the cooling housing market are top factors that could drive a U.S. recession, according to Charles Schwab's Kevin Gordon.
Breaking Dow, S&P 500 and Nasdaq snap 3-session skid as stocks eke out gains
U.S. stocks finished modestly higher Wednesday, with all three major stock benchmarks ending a 3-session skid, as investors picked up shares after a sharp market selloff earlier this week. The Dow Jones Industrial Average ...
Why investors shouldn’t ignore high rents and other ‘sticky’ sources of inflation
Inflation readings could be 'bumpy' in the coming months, posing a risk to investment portfolios, according to the Wells Fargo Investment Institute.
Breaking Dow, S&P 500 end lower Tuesday for a 3rd day in a row as summer rally pauses
U.S. stocks finished lower on Tuesday as investors awaited a Friday update from the Federal Reserve on its potential path to higher rates. The Dow Jones Industrial Average shed about 154 points, or 0.5%, ending near 32,90...
Fed’s $2 trillion daily repo facility to see high demand slow next year, says BofA
The Federal Reserve's reverse repo facility remains a very popular place to park cash, but demand should slow in early 2023, according to BofA Global.
Beware of a ‘bear trap’ retreat in stocks after the big summer rally, strategists warn
Bear-market bounces aren't rare for U.S. stocks when looking at nearly 50 years of history.
Breaking U.S. stocks head for worst daily drop in 2 months
U.S. stock market were headed for worst daily decline since mid-June as doubts about the summer's strong rally on Wall Street deepened and investors waiting on an update from the Federal Reserve's Jerome Powell at Jackson ...
Is the junk-bond market too bullish on a soft landing for the economy?
Beware of "renewed signs of optimism" in junk bonds as the Federal Reserve looks to cool inflation and engineer a soft landing, warns Goldman Sachs.
Hedge funds pile up $125 billion bet against the S&P 500’s big summer rally
A more than $125 billion institutional short position is building up against the stock market, driven by hedge funds, according to BNP Paribas.
Breaking S&P 500 holds modest gains after Fed's Bullard signals support for large Sept rate hike
Stocks were trading mixed Thursday afternoon, with the S&P 500 clinging to a modest gain, after St. Louis Fed President James Bullard signaled his support for another large 75 basis point rate increase at the central bank'...
No, hybrid work isn’t going away, according to this new survey
Offering quality office space and flexible work are now key priorities at most companies, according to a new Jones Lang LaSalle survey.