Stocks Sink, 10-Year Yield Reclaims 5% as Warsh Delivers His Hawkish Show
The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
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Inflation risks, rate hike odds, and leverage threats: inside the Fed’s dilemma and how to protect your portfolio today.
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The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
The FOMC hiked interest by 25 basis points to 3.75%-4.00% during its September meeting, marking the first increase since 2023.
Gary Black said a 25-basis-point Fed hike, if positioned as 'one-and-done' could push yields lower and be better for stocks.
Gold averaged a 6.1% gain in the 12 months after the first Fed hike, but was positive just 40% of the time after one month.
A global bond yield crisis has pushed borrowing costs to multi-decade highs in the U.S., UK, and Japan, while China's yields near record lows.
Former Fed economist Marvin Barth debunks debt panic, blaming primary deficits—not nominal debt or bond yields—for U.S. budget risks.