Bank of Japan’s Move Signals Shift in Japanese Bond Market Control
The Bank of Japan (BOJ) is taking steps to relinquish its near monopoly on control over Japan's bond market, signaling a shift in the balance of power toward investors. Since…
Risks of Disorderly Yield Curve Control Exit in Japan, Warns Mohamed El-Erian
Economist Mohamed El-Erian has sounded a warning about the potential consequences of Japan's yield curve control (YCC) exit, emphasizing the need for careful management to avoid triggering bond-market contagion and…
US Stocks Rally Ahead of Fed Decision and Apple Earnings
In the wake of a challenging period for the stock market, US stocks rallied on Monday as investors anticipated significant events on the horizon, including the Federal Reserve's policy decision…
Wells Fargo Warns of Housing Market Recession Due to High Mortgage Rates
The housing market is facing the possibility of a recession reminiscent of the 1980s, driven by persistently high mortgage rates, according to Wells Fargo. Despite the U.S. economy's overall resilience…
Warren Buffett Reflects on Missed Opportunity with Amazon and His Investment Philosophy
Warren Buffett, Chairman and CEO of Berkshire Hathaway Inc., is renowned for his investment wisdom, but there's one missed opportunity that still stings: his decision not to invest in Amazon.com…
Stocks Poised for a Reversal as Catalysts Emerge in Bond Market and Economy, Fundstrat Predicts
The stock market may finally break free from its recent slump this week, propelled by a series of catalysts that have the potential to stimulate positive movement, according to Tom…
Stocks Poised for Year-End Rally as Bond Yields Near Peak, Says Wharton Professor Jeremy Siegel
Wharton professor Jeremy Siegel predicts that the stock market is on the brink of a year-end rally, bolstered by the nearing peak of bond yields and attractive valuations. November, historically…
Dow Jones Surges 511 Points as Yields Rise Ahead of Fed Meeting; Cathie Wood Acquires 3 Declining Stocks
The Dow Jones Industrial Average experienced a robust surge of 511 points on Monday, even as yields in the Treasury market continued to rise. Notably, renowned fund manager Cathie Wood…
Russian Rouble Edges Up Following Central Bank Rate Hike
Russian rouble exhibited a slight gain in its opening on Monday, with key contributing factors being the central bank's recent rate hike to 15% on Friday and the reinstatement of…
China Witnesses a 32% Surge in Property Foreclosures in 2023
The year 2023 has seen a significant upsurge in property foreclosures in China, with numbers soaring by 32.3% in the first nine months. This worrisome trend can be attributed to…