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Joe Rennison
Posts
Why FTX Is Anything But a Traditional Exchange
FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the…
Markets Soar on Signs of Slower Inflation
Stocks rallied and bond yields tumbled as investors reset their expectations for the pace of interest rate increases by the Federal Reserve.
Stocks Drop As Fed Leaves Investors Uncertain About Rates
The Fed chair said the central bank “still has a ways to go” before it will be done raising interest rates, and that rates may…
Markets Plunge After High CPI Inflation Reading
Stocks and bonds fell sharply as stubborn price pressures made it more likely that the Federal Reserve will continue raising interest rates aggressively.
Turmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only…
Sleepy Corner of U.K.’s Pension Industry Forced the Bank of England’s Hand
Complex financial instruments that pension funds use to minimize the impact of interest rate changes led to the bond market rout.
Wall Street ends an ugly quarter with a whimper.
The S&P 500 on course for its third straight weekly fall and its third straight quarterly slump, the kinds of losses investors have not faced…
The Fed’s Outlook Is an ‘Unrealistic Fantasy’ to Some Investors
In some corners of the market, investors just don’t see how the Federal Reserve can lower inflation without risking high unemployment.
Stocks Slide in One of Wall Street’s Worst Weeks This Year
Pessimism is deepening as bellwether companies like FedEx and General Electric warn of worsening economic and business conditions.