Commodity/Financial Market News

Are markets underestimating how far the Fed must go to tame inflation?

The Federal Reserve isn’t even four months into its latest interest-rate-hiking cycle, and yet investors are already pricing in rate cuts as soon as next year, the latest sign that the market is bracing — or perhaps rather hoping — for a swift return to the easy-money monetary policy that helped drive the roaring stock …

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With prices skirting a 17-month low, Dr Copper’s prognosis about the global economy is downbeat

Dr Copper has graded the global economy, and noted: “must do better.” The red metal is wryly considered by commodity watchers to hold a Ph.D in economics, because its use in a range of sectors, including home appliances, power generation and cars, helps it predict the trajectory of global growth. So, copper’s price initial drop …

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Bitcoin Prices Struggle Below $20,000. Why Tuesday Could Bring a Bigger Move.

Text size Bitcoin has failed to consistently breach the key $20,000 mark. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were largely unchanged on Monday, with digital assets continuing to trade at depressed levels following a stark selloff this year. The price of Bitcoin rose less than 1% over the past 24 hours to …

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Oil Prices Steady as Concerns About Tight Supply and Weaking Demand Persist

Text size High oil prices are already causing demand destruction, said an executive at crude trader Vitol Group. Getty Images Crude prices held steady early Monday as traders weighted the prospect of recession in the second half against worries that supply will remain limited. Brent crude, the international standard, was little changed at $111.77 a …

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Stocks Had a Nasty 6 Months. The Second Half Could Be Ugly Too.

Text size Bond markets are pricing in significant additional interest-rate hikes this year, but some stock analysts’ earnings forecasts remain optimism. Michael Nagle/Bloomberg It was a first half destined to haunt investors. The past six months were historically bad for stocks, bonds, cryptocurrencies, and practically every other asset class outside of commodities. Despite its late …

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Prices of Oil, Wheat, and Copper are Falling. What It Means.

Elias Stein Text size Interpreting commodity prices is a challenge. Prices of commodities like oil, wheat, and copper are sliding as recession concerns grow. In theory, a weaker economy reduces demand. Construction slows—copper is used in wiring and plumbing—as do sales of anything electrical. Experts differ on what this means. “Fears of a global recession …

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Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made

This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on …

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