Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Federal Reserve can’t see the likely economic crash ahead because it’s still looking in the rearview mirror, seeing nothing but high inflation. The danger arises because the consumer price index and the price index for personal consumption – the two main measures of inflation – have a fatal flaw in the way they measure … Read more

Moore’s Law ‘Alive and Well’ as Intel CEO Unveils Gaming Card Budget

Intel Corp. disagrees with Nvidia Corp. when it comes to Moore’s law, as Intel Chief Executive Pat Gelsinger unveiled a budget gaming card on Tuesday, a week after Nvidia released a series of gaming cards criticized by many as pricey. At Intel’s Innovation conference, Gelsinger Intel INTC said, -0.66% will launch its Arc A770 graphics … Read more

The Dow Just Joined the S&P 500 in a Bear Market: What Investors Need to Know

The Dow Jones Industrial Average could not outrun the bear. The blue chip meter fell 329.60 points, or 1.1%, on Monday to close at 29,260.81. That left the Dow DJIA, -1.11% 20.5% below the January 4 record of 36,799.65. A pullback of 20% or more is generally considered a bear market. The Dow last fell … Read more

The stock market is faltering. How it could stop falling next week.

Font size The S&P 500 is down 23% from its January peak. Getty Images After one of the worst weeks for the stock market in 2022, two factors could rock the market in the coming days and prime investors for a tumultuous fourth quarter. The market is reeling after a wide-ranging sell-off on Friday, capping … Read more

Shares fall and prices rise. It’s painful, but we’re getting back to normal.

Stocks and bonds are falling. Housing is weakened. And I haven’t heard anything about non-replaceable cartoon pentons in three months. Strategists are now turning to really bizarre assets – two I spoke to last week advised buying long-term government bonds. One also said that he preferred stocks of companies that generate money, and he was … Read more

Here’s What Costco Says About Inflation — And An Increase In Membership Fee

Since the market is obsessed with inflation and why the Fed would step off the accelerator, it’s worth considering what some companies are saying about it. The view of Costco Wholesale, the warehouse seller known for its competitive prices, seems so good for a start. And CFO Richard Galanti’s comments on his conference call suggest … Read more

‘Moore’s Law is dead,’ says Nvidia CEO Jensen to justify gaming card price hike

Nvidia Corp. Chief Executive Jensen Huang said Wednesday he thinks it’s going to be “a pretty great Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics reject a price hike amid a weakening consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using next-generation “Ada Lovelace” chip architecture, … Read more

‘Disinflationary wave builds’ even as investors anticipate aggressive Fed rate hikes, says economist

Signs of disinflation have emerged even as investors fear Fed Chair Powell and his colleagues will continue to fight inflation through aggressive rate hikes that have hurt both stocks and bonds, according to a note from Capital Economics. While it looks like the Fed may announce on Wednesday that it will raise its benchmark rate … Read more

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to knock the stock market down as it quickly raises interest rates in its bid to slow inflation that’s still red hot — but investors should be prepared for more pain and volatility as policymakers won’t be scared by a deeper sell-off , said investors and strategists. “I don’t think … Read more

A punitive sell-off in short-term debt pushes one rate near ‘magic’ level that ‘frightens’ markets

The yield on the 1-year Treasury is testing 4%, a level that traders say could spill over into other rates and shake financial markets as the Federal Reserve pushes ahead with its campaign to increase its $8.8 trillion balance sheet. shrink . That balance sheet process, known as “quantitative tightening,” is intended to complement the … Read more