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Joe Rennison
Posts
Wall St. Pessimists Are Getting Used to Being Wrong
The S&P 500 is up about 20 percent this year, but some still warn that the future may not be as rosy as that implies.
Stock Market Slips as Traders Move Cautiously Ahead of Fed Meeting
Stock markets often exhibit caution ahead of major events like Fed meetings, waiting until there is clarity over the central bank’s next move.
The Yield Curve Is Flashing a Recession Warning. Some Wonder if it’s Wrong.
The yield curve began suggesting last year that the economy was headed for a slump.
Libor Is Coming to an End
It has been an arduous process to get the financial system to stop relying on the tarnished interest-rate benchmark.
Stock Market Rally Intensifies Debate Over What Will Come Next
The stock market is on its longest winning streak since 2021. Some investors see trouble ahead.
Stocks Climb as Inflation Continues to Cool
The S&P 500 has climbed more than 20 percent from a 2022 low, a marker of a new phase of exuberance in the markets.
Are Stocks in a New Bull Market? It Depends.
The S&P 500 could end the day 20 percent above its low point last year, marking an important milestone for some market watchers. But assessing…
U.S. Debt Default Could Damage Nation’s Credit Rating
If the government misses an interest payment, even by a few hours, its creditworthiness will suffer, possibly for a long time.
What Would Happen if the U.S. Defaulted on Its Debt
Investors, executives and economists are preparing contingency plans as they consider the turmoil that would result from a default in the $24 trillion U.S. Treasury…
How Wall Street Is Preparing for a Debt Ceiling Showdown
Stocks aren’t showing signs of panic about the government’s ability to pay its bills, but there is anxiety creeping into other markets.