CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Stock-market investors laugh off yield curve’s recession warning — for now. Here’s why.

Blink and you missed it, but the yield on the 2-year Treasury note traded briefly above the yield on the 10-year note Tuesday afternoon, temporarily inverting the yield curve and triggering recession warning bells. Data shows that it hasn’t paid in the past to abandon stocks the moment the Treasury yield curve turns upside down, … Read more

Stock-market investors should watch this part of the yield curve for the ‘best leading indicator of trouble ahead’

Investors have been watching the US Treasury yield curve for inversions, a reliable predictor of past economic downturns. They don’t always agree on which part of the curve is best to watch though. “Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management … Read more

US Treasury market plagued with illiquidity as government bonds suffer worst week in years

Signs of trouble continue to show up in the world’s largest, most liquid government-securities market as government bonds logged their worst week in years and the US central bank’s interest rate hiking cycle gets under way. All six of the gauges used to monitor US Treasury market depth — or the ease with which securities … Read more

Weekend reads: the slowing housing market and inverted yield curve signal a coming recession

It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a 25% decline in US home sales. What will that do to prices? Weigh in with your thoughts. A classic signal for a recession On March 24, the yield on five-year US Treasury … Read more

US jobless claims plunge to lowest level since 1969

The numbers: Initial jobless benefit claims fell by 28,000 to 187,000 in the week ended March 19, the US Labor Department said Thursday. That’s the lowest level since September 1969. Economists polled by the Wall Street Journal had expected claims to total 210,000. Key details: The number of people already collecting jobless benefits fell by … Read more

The yield curve is speeding toward inversion — here’s what investors need to know

The bond market’s most reliable gauge of the US economic outlook for the past half-century is hurtling toward inversion at a faster pace than it has in recent decades, raising fresh worries about the economy’s prospects as the Federal Reserve begins to consider aggressively hiking interest rates . The widely followed spread between 2-year TMUBMUSD02Y, … Read more

Why the stock market isn’t ‘getting smoked’ even as Federal Reserve signals it’s ready to supersize interest rate hikes

A brief wobble aside, the US stock market is taking Federal Reserve Chairman Jerome Powell’s decision to fully unleash the inflation-fighting side of his monetary policy persona in stride. That may be a surprise to some investors as Treasury yields soar and money-market participants price in an aggressive round of benchmark interest rate increases after … Read more

US Stocks Open Higher After Powell Says Fed Is Ready to Be More Aggressive

US stocks opened higher and government-bond yields jumped Tuesday, as investors digested Federal Reserve Chairman Jerome Powell’s more aggressive tone on reining in inflation. The Dow Jones Industrial Average rose 157 points, or 0.4%, shortly after the opening bell. The S&P 500 also added 0.4% and the Nasdaq Composite climbed 0.4%. Major US stock indexes … Read more