Foreign exchange markets

Don't look for a stock market bottom until a rising dollar has calmed down.  Here's why.

Don’t look for a stock market bottom until a rising dollar has calmed down. Here’s why.

It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar continues to soar against its rivals, market analysts say. Global equities suffered a bruising week, with the S&P 500 narrowly avoiding its lowest close of the year on Friday. Meanwhile, a key U.S. …

Don’t look for a stock market bottom until a rising dollar has calmed down. Here’s why. Read More »

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the seller is slowly realizing is not only that the Fed is going to be aggressive in September after the shocking latest inflation figure, but that the central bank will have to hold rates higher and for longer. The British pound GBPUSD, -0.45%, in some ways a proxy for …

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns Read More »