Inflation

Food Prices
Inflation

Food Inflation Fears Abate as Cooking Oils and Grains Plummet

(Bloomberg) — Worries over surging global food costs are easing as prices of everything from cooking oils to wheat and corn tumble to the lowest levels in months on increasing physical supplies and as investors reduce their bullish bets on futures markets. Palm oil, the world’s most consumed edible oil, has plunged more than 40% […]

Read More
Commodities
Commodity Prices
Inflation
Russia
War

Commodities Hit July Storm With Putin and Powell Stirring Fear

(Bloomberg) — Commodities are careering into a second half that promises as much turmoil as the first, with the world facing an escalating energy crisis, copper plunging on Fed-fueled recession fears, and Russian President Vladimir Putin delivering a shock for Shell Plc. Russia’s move to reshuffle ownership of the Sakhalin-2 gas plant spells trouble for […]

Read More
Global Inflation
Government Bonds
HyperInflation
Inflation
Stagflation
US Treasuries

Forget the 1970s — this market is drawing comparisons to the 1870s

The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s. According to Bank of America, government bonds are on track for their worst year since 1865, the year the U.S. Civil War ended. Meanwhile, the stock market, when adjusted for inflation, is on […]

Read More
Fed Rate Hikes
Federal Reserve
Inflation

Powell Says US Economy in Strong Shape, Fed Can Avert Recession

(Bloomberg) — Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months. He also vowed to ensure rapid price increases don’t become entrenched, saying that “we […]

Read More
Cathie Wood
Inflation

Cathie Wood Says She Got Inflation Wrong, Continues Ark Strategy

(Bloomberg) — Cathie Wood on Tuesday said she erred in her prediction inflation would unravel as the prices of goods and services in the US soared to 40-year highs. “We were wrong on one thing, and that was inflation being as sustained as it has been,” Wood, founder and chief executive officer of Ark Investment […]

Read More
Fed Rate Hikes
Inflation

Powell Sees Ongoing Fed Rate Hikes Needed to Tame Hot Inflation

(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank will keep raising interest rates to tame inflation following the steepest hike in almost three decades, though policy makers must be “nimble” as various shocks buffet the world’s largest economy. “We anticipate that ongoing rate increases will be appropriate,” Powell said Wednesday in his […]

Read More
Fed Rate Hikes
Inflation

Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight

(Bloomberg) — Federal Reserve officials raised their main interest rate by three-quarters of a percentage point — the biggest increase since 1994 — and signaled they will keep hiking aggressively this year, resorting to drastic measures to restrain the rampant inflation they failed to forecast. Slammed by critics for not anticipating the fastest price gains […]

Read More
Inflation
Inflation Stocks

Inflation Thunderbolt Primes Stocks, Bonds for More Volatility

(Bloomberg) — Stocks and bonds face more pain when markets open in Asia on Monday following a shock US inflation print that heaped pressure on the Federal Reserve to intensify monetary tightening. Equity futures indicate declines in Japan and Hong Kong after the worst drop in global stocks last week since October 2020. Asian sovereign […]

Read More
Bond Traders
Bond Yields
Fed Rate Hikes
Inflation

Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat

(Bloomberg) — Treasury traders are throwing down the gauntlet to a Federal Reserve that’s fallen further behind in its fight to cool the hottest inflation in four decades. A bruising bond selloff ensued Friday, led by policy-sensitive short-term yields, after May data dashed any idea that inflation has peaked. The rout deepened when traders boosted […]

Read More
Global Inflation
Inflation
Inflation Hedge
Inflation Stocks

US Inflation Quickens to 40-Year High, Pressuring Fed and Biden

(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. The consumer price index increased 8.6% […]

Read More
Cash
Inflation

Cash, Stocks Attract Billions as Investors Seek Inflation Havens

(Bloomberg) — Investors are putting billions of dollars into cash and stock funds as they seek protection from surging inflation. Cash saw the biggest inflows in six weeks at about $54 billion, while exchange-traded funds led additions of about $12 billion into equities in the week through June 8, according to Bank of America Corp. […]

Read More

  

X