The Stock Market Has a 'Systemic Problem'
"Higher rates are now a systemic problem for equities," Piper Sandler chief investment strategist Michael Kantrowitz wrote in weekly note to clients.
"Higher rates are now a systemic problem for equities," Piper Sandler chief investment strategist Michael Kantrowitz wrote in weekly note to clients.
According to Mark Spitznagel, rate cuts by the Fed would likely occur only under dire economic circumstances, signaling a potential recession.
Gold has experienced an unprecedented surge in 2024, defying expectations set by the macroeconomic climate.
Fulton Financial's shares jumped after it bought the deposits and assets of Republic First from the FDIC, in the first U.S. bank failure of 2024.
Robust global economic growth may offer equities enough support to resume record-breaking rally even if bets on Fed rate cuts this year are abandoned.
Across the U.S., many families with six-figure incomes struggle to maintain a middle-class quality of life.
Many Americans remain deeply dissatisfied—a sentiment driven by their exclusion from periods of economic prosperity, according to Jamie Dimon.