The U.S. dollar is ending the year under pressure, with a closely watched gauge of its value trading at a 2 1/2-year low and reinforcing the belief that a downtrend is in place.
Archive for category: MARKETWATCH
The global pile of negative-yielding debt is back to nearly $17 trillion after briefly shrinking during pandemic turmoil. That means U.S. investment-grade corporate bonds likely will be the ‘only game in town’ next year for fixed-income investors looking for yield, according to J.P. Morgan analysts.
Dallas Fed President Rob Kaplan said Thursday the economy might experience more quarters of negative growth in the short term.
The U.S. will need to galvanize the world’s liberal democracies to forge a bloc capable of standing up to the world’s authoritarians.
Federal Reserve Chairman Jerome Powell on Tuesday made a fresh appeal to Congress to pass another coronavirus relief package to help troubled businesses and out-of-work Americans.
Ray Dalio believes global markets face a “very special moment,” with China’s capital markets on the rise and the relative investment appeal of the U.S. fading.
The longstanding triumvirate of the ETF asset management industry, Vanguard, BlackRock, and State Street Global Advisors, may be set to become a dynamic duo instead as the industry grows and evolves.
The U.S. budget deficit totaled $284 billion in October at the start of the new fiscal year, when another large increase in government debt is expected because of the damage the coronavirus has wrought on the economy.
Hedge-fund selling of Treasurys did play a role in the dysfunction of the market but there were other major players that contributed to the turmoil, a Fed report shows.
Turkey’s President Recep Tayyip Erdoğan dismissed the central bank governor as the country is beset by its second currency crisis in two years.
