Markets

Billionaire bond king Jeff Gundlach said the stock market will likely fall from its ‘lofty’ perch despite ‘Superman’ Jerome Powell’s policies

Billionaire “bond king” Jeffrey Gundlach expects the stock market to fall from its “lofty” perch as he warned of corporate credit downgrades and a rise in white-collar layoffs on Tuesday. Gundlach said traders think the Federal Reserve chairman Jerome Powell is “Superman,” and he is expected to keep the fed […]
Billionaire bond king Jeff Gundlach said the stock market will likely fall from its ‘lofty’ perch despite ‘Superman’ Jerome Powell’s policies
Markets

Stocks are rallying after the Fed signals it’s willing to cut interest rates

Stocks rallied on Wednesday after Federal Reserve Chair Jerome Powell told Congress that trade and global growth concerns “continue to weigh on the US economic outlook.” Powell’s comments tempered concerns that excellent US employment figures might lead the Fed to take an expected interest-rate cut off the table. “Jerome Powell’s […]
Stocks are rallying after the Fed signals it’s willing to cut interest rates
Markets

GOLDMAN: US rates will rise four times in 2016

It will surprise no one if the US Federal Reserve increases rates at its December 16 meeting. That fact appears to have been settled with the release of the October FOMC meeting minutes and a consistent series of comments and the accompanying theme from Fed speakers for the past month […]
GOLDMAN: US rates will rise four times in 2016