Author: Chaz Cutler

WaltStoneham/iStock via Getty Images Stocks aren’t the only things that have risen recently. Yields and the dollar have also risen, and both may still have a lot more to go. The federal funds futures market has reversed course and now sees higher rates than where they were at the beginning of August and sees rates staying higher for longer. This message should be echoed for all to hear in the Fed minutes. After all, that has been the message from governors and board members since the July FOMC meeting. The stock market, as usual, has been oblivious to these changes…

!1 New updateClick here for the latest updates BLOCK OFFER IN STAR HEALTH: 10 lakh shares change hands Price as of August 17, 2022 09:58 AMClick on the company names to see their live prices. Although Nifty took a break at 17,835 yesterday, we are not convinced that Nifty has broken through. This encourages us to continue with the 18200 view, but with VIX falling, trading ranges are narrowing. Bearish markers may continue to hold near 17660/690, with the vicinity of 17900 likely to pose an intraday challenge. – Anand James, Chief Market Strategist, Geojit Financial Services BLOCK AGREEMENT AT…

The writer is the founder of the excess and the co-author of Trade Wars Are Class Wars. China’s crackdown on real estate developers and its draconian “Covid Zero” policies are bad news for most of its people, as well as for overseas companies hoping to make money from Chinese customers. But China’s domestic woes have an upside: Lower demand for imported metals, energy, food and capital goods is easing inflationary pressures in the rest of the world. For the first time in decades, the country’s huge trade surplus is a boon for workers elsewhere. The housing market slump began last…

One of the riskiest corners of global financial markets has made an unprecedented recovery over the past month, with junk bond prices rallying as investors bet that the Federal Reserve’s efforts to control inflation will avoid triggering a deep recession The amount of U.S. Treasuries trading at levels that indicate serious investor concern has fallen sharply over the past five weeks, reflecting increased investor optimism about the state of the North- American Just 6.2 percent of high-yield bonds are now trading at distressed levels, compared with 11.6 percent on July 5, according to analysis by Marty Fridson, chief investment officer…

Investors are now more pessimistic about the German economy than at any time since the eurozone debt crisis more than a decade ago, worried that a sharp drop in Russian natural gas supplies and rising of energy prices plunge the country into recession. The ZEW Institute’s gauge of investor expectations for Europe’s largest economy sank to its lowest level since 2011, falling from minus 53.8 to minus 55.3, underscoring the growing sadness about the economic consequences of Russia’s invasion of Ukraine. The think tank’s survey of financial market participants provides an early indicator of economic sentiment after Russia reopened the…