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Making a long career as a bear at a sell-side institution is tough. Generally financial markets have done quite well which means forecasting doom and gloom is, usually, only tenable for so long. Which is why we wanted to talk to one of the most successful bears out there. Société Générale has let Albert Edwards out of the bear cage for today's episode. Edwards knows his reputation as a bear is well deserved: He believes, among other things, double-digit inflation is in the offing. We also talk a...
The Bank of Korea's newest board member highlighted mounting inflation and financial-stability risks tied to the Middle East conflict, housing prices and capital flows in his inaugural remarks Friday, reinforcing expectations the central bank is moving toward a hawkish bias....
Asian markets saw a downturn Friday, with investor enthusiasm for AI stocks waning due to inflation worries, high oil prices, and Middle East tensions. Despite this, Wall Street reached new peaks overnight, buoyed by tech gains and strong corporate earnings. Investors are closely watching US-China trade talks for any significant breakthroughs....
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening lower on Friday as investors fret about rising inflation and the outlook for interest rates. ECB Governing Council member Mart......
Copper extended its retreat from a record-high close as accelerating US inflation reduced the chance of rate cuts and a stronger dollar make the metal more expensive for many buyers....