Did the market already show its hand in the first week of 2023? What we’ve learned so far

Did the market already show its hand in the first week of 2023?  What we’ve learned so far

Based on the initial market action of 2023, it appears investors’ New year’s resolutions were something like this: Keep Big Tech in the penalty box, place some bets on foreign-stock outperformance, while feasting on bonds of all kinds to capture healthy yields and maintaining some hope that the elusive soft economic landing remains possible. No … Read more

Markets close out the year down, following light week of trading

Markets close out the year down, following light week of trading

Markets closed out the week — and the year — in the red, as the so-called Santa Claus rally failed to materialize. In addition to some possible “window dressing,” whereby fund managers dump underperforming stocks at the end of a quarter to avoid publicizing ownership of those positions, the market was also undoubtedly pressured by … Read more

Markets are bracing for a ‘Powell recession’ that could be coming soon

Markets are bracing for a ‘Powell recession’ that could be coming soon

Just in case there was any lingering doubt, the bond market is now pricing in the near certainty of a recession, induced by the Federal Reserve, that is already here or on the way shortly. The three-month Treasury yield now sits some 86 basis points ahead of the 10-year, a level not seen since at … Read more

Stocks are likely to get smacked down in the first half of 2023

Stocks are likely to get smacked down in the first half of 2023

The outlook for 2023 is a bit better for stocks, but the first half sounds like it could be downright ugly. Wall Street strategists are unveiling their outlooks for next year. There is somewhat of a shared view that the first half could be particularly rough, with the market possibly testing its October lows. Then … Read more

Asia markets slip as investors weigh inflation data; yen at 150 levels

Asia markets slip as investors weigh inflation data;  yen at 150 levels

Early trade: Where Asia-Pacific markets started the day The Nikkei 225 in Japan slipped 0.24% in early trade and the Topix lost 0.33%. In Australia, the S&P/ASX 200 fell 0.68% in its second hour of trade. South Korea’s Kospi dipped 0.23% and the Kosdaq shed 0.37%. MSCI’s broadest index of Asia-Pacific shares was 0.43% lower. … Read more

Stocks lower, China’s offshore yuan hits record low

Stocks lower, China’s offshore yuan hits record low

Japan’s trade deficit for September narrows slightly Japan’s trade deficit for September was at 2.09 trillion yen ($13.97 billion), according to provisional figures from the government – ​​missing estimated figures by a Reuters poll expecting a deficit of 2.17 trillion yen. The country reported a trade deficit of 2.82 trillion yen in August. Exports for … Read more

Open to close, stocks, data, earnings and news

Open to close, stocks, data, earnings and news

More German companies are planning price increases, the Ifo Institute says More German companies are planning to hike prices in the coming month, according to a new Ifo Institute survey published Wednesday. Price expectations across the whole economy for the coming month hit 53.5 points in September, up from a seasonally-adjusted 48.1 in August. The … Read more

Good riddance September: We gauge the damage and get ready for October – CNBC

Good riddance September: We gauge the damage and get ready for October – CNBC

Good riddance September: We gauge the damage and get ready for OctoberCNBC .

Market rout has muni bonds looking good. How to add them to your portfolio

Market rout has muni bonds looking good.  How to add them to your portfolio

The recent market turbulence has investors searching for income. For some, municipal bonds may be the answer. The muni market has taken a beating this year, with net weekly inflows into muni mutual and exchange-traded funds negative for most of 2022, according to Refinitiv Lipper data. Yet their yields and tax benefits can make them … Read more

Market needs a break to rise, some possible buys

Market needs a break to rise, some possible buys

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 am ET. Here’s a recap of Monday’s key moments. The market needs a break to bottom Why Jim’s investing in the two-year Treasury Quick mentions: JNJ, LLY, AMZN, QCOM , DHR 1. The market needs a break to bottom … Read more