Italy’s economy enters choppy waters – POLITICO

Click play to listen to this article Smooth sailing in Italy is about to end. A combination of factors – the ‘Super Mario’ brand of its prime minister, negative interest rates and the opportunity to spend nearly €200 billion in the EU refund money It means that the third-largest economy in the European Union was … Read more

The return of stagflation can be prevented with smart policy – POLITICO

Joachim Nagel is Chairman of the Deutsche Bundesbank. Flashy background, corduroy flares, long sideburns, disco and punk. The 1970s were a tumultuous “in your face” decade. And for many, this decade is still a magnet. Revivals come again and again, both in fashion and music. Economically, the 1970s were a difficult decade, plagued by two … Read more

The Russian ruble reached its strongest level in 7 years despite the sanctions

A 1 Russian ruble coin and a Russian flag are displayed on the screen in this multiple exposure illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up nearly 1.3% from the previous day and the strongest level … Read more

What is stagflation and how do you prepare for it?

Runaway inflation has raised fears that the economy is headed toward a return to stagflation, but a group of Wall Street banks such as Goldman Sachs and HSBC believe there are still opportunities for investors to navigate safely against this challenging backdrop. UCG | Getty Images What is stagflation? Stagflation is a term coined in … Read more

Mortgage rates hit 6% after big sell-off in the bond market

font size Rising mortgage rates are cooling the housing market, providing some relief for homebuyers. Justin Sullivan / Getty Images Mortgage rates reached 6% after a sharp sell-off in the mortgage stock market, a development that could further slow the housing market. On its website, Rocket Mortgage offers an interest rate of 6.25% on 30-year … Read more

5 things to know before the stock market opens Tuesday, June 14

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street braces for a rally after the S&P 500 officially closed in a bear market Traders on the floor of the New York Stock Exchange, June 13, 2022. Source: NYSE US stock futures Bounce back after Tuesday’s … Read more

How to protect your money from inflation, price hikes and falling stock prices

This is an updated version of a story previously published on April 28th. Anyone expecting inflation to have peaked now got a blunt surprise last week. Show the latest inflation report Prices in May increased 8.6% 1 year ago – Fastest rate in 40 years. add to that low stocksHigh interest rates and the global … Read more

Is the Federal Reserve finally in control? Markets Think So – On Their Responsibility

Investors may give central banks too much credit – or blame – for everything that happens to inflation. Stocks are still volatile Even after the comfort rally in late May, which shows a close inverse correlation to indicators of global financial conditions such as Treasury yields, corporate debt spreads and US dollar demand. Pessimists see … Read more

The job market is still hot – right now

A storefront in Montebello, California on December 9, 2021. Frederick J. Brown | Afp | Getty Images Workers continue to benefit from a hot labor market characterized by near-standard demand for their labor, which translates to ample choices and higher wages. However, there are signs of a slowdown in some industries and Federal Reserve policy … Read more