The S&P 500 is on track for a third straight week of declines.
Can markets still be efficient if most investors aren't even paying attention? Surprisingly, the answer is yes.
We're about to find out if expanding equity market valuations have been justified.
Surveyed economists now see a 30% chance of a recession over the next year, down from 35%.
A recent string of consumer price data has muddled the Fed's inflation trajectory.
The yield on 10-year Treasurys has climbed almost a full percentage point from a low in late 2023.
Active funds are outpacing passive index funds as clients seek income.
The drive for extra income will have more people working into their 80s or even 90s, he said.
Housing, insurance and commodity prices have been among the contributors.
Banks are under increased pressure from consumers to pay out more for deposits.
Corporate job cuts have caused some workers to be laid off more than once.
Federal Reserve Chair Jerome Powell pointed to the lack of additional progress made on inflation.
Global economic activity will expand 3.2% this year, the financial institution said.
The economist said that the likelihood of the Fed hiking interest rates is low, but not zero.
Almost $9 trillion sitting in money market funds is set to be a “very big force” in the equity market, he said.
There are $52 billion of long positions on the S&P 500 and 88% of them are in a loss.
By some key gauges, the expansion is as strong or even stronger than it was when the Fed began lifting rates.
UBS strategists see a growing possibility that inflation fails to decline to the Fed's target.
World leaders must show they can fulfill their promises about mitigating the climate crisis.
A new report points to plenty of momentum in consumer spending heading into the second quarter.