Roaring labor market puts ‘boomflation’ back on the map for investors

Roaring labor market puts ‘boomflation’ back on the map for investors

The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation with staying power. What to even call such a scenario? “Boomflation,” said Kent Engelke, chief economic strategist at Capitol Securities Management, pointing … Read more

Will the Federal Reserve kill the stock-market bounce?

Will the Federal Reserve kill the stock-market bounce?

A summer rebound is stirring hopes the bear market in U.S. stocks has seen its lows, but a meeting of Federal Reserve policy makers this coming week might test the nerves of would-be bulls. “I expect we will continue to see market volatility until investors have seen more convincing evidence that this period of Fed … Read more

Value stocks post best stretch in 20 years relative to growth stocks — but that’s starting to change. Why?

Value stocks post best stretch in 20 years relative to growth stocks — but that’s starting to change. Why?

Since the start of the year, a longstanding trend in U.S. stocks has suddenly reversed: formerly highflying growth stocks have gotten hammered, while “value” names have taken on the mantel of market leaders at a time when stocks are on track for steep annual losses. For years, rock-bottom interest rates and negligible inflation motivated investors … Read more

Investors are obsessed with size of Fed’s next rate hike. Here’s what they’re missing.

Will the Federal Reserve kill the stock-market bounce?

Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their inflation-fighting campaign with a full point hike —- something that hasn’t been seen in the past 40 years. Friday’s economic data, which … Read more

Stock Market Had Finished Up on Friday. It’s Still a Bear Market.

Stock Market Had Finished Up on Friday. It’s Still a Bear Market.

Text size The S&P 500 has had many chances to rally, and has missed all of them Angela Weiss/AFP/Getty Images Hope springs eternal, even during a bear market. Just don’t make the mistake of getting your hopes up too much. Yes, it’s hard to describe another week of losses as hopeful. The Dow Jones Industrial … Read more