3 Things New Fed Chair Powell Must Confront Immediately

3 Things New Fed Chair Powell Must Confront Immediately

A bear market in bonds? A government funding crisis? Stagnant wages and stalled-out deposit rates? These are three challenges the new Federal Reserve chair must confront after being sworn in Monday to replace Janet Yellen.

Rising Treasury Yields Could Spell Start of Decades-Long Bond Bear Market

Rising Treasury Yields Could Spell Start of Decades-Long Bond Bear Market

Yields on 10-year U.S. Treasury notes have been on the rise since reaching a record low of 1.36% in July 2016. Last week they surged to 2.85%, the highest in three years, and triggering debate over whether bonds are entering a decades-long bear market.

Faster Wage Gains Prompt Fears Fed May Accelerate Rate Increases

Faster Wage Gains Prompt Fears Fed May Accelerate Rate Increases

Average wages grew 2.9% from last year, according to the January non-farm payroll report, the fastest pace since 2009, igniting further concerns about faster inflation in the world's biggest economy.

3 Key Takeaways From Fed's Latest Monetary-Policy Statement

3 Key Takeaways From Fed's Latest Monetary-Policy Statement

Federal Reserve officials, in their first meeting of 2018, held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%, as expected.

Bank of America Sees 'Modestly Hawkish' Tilt to Fed Rate Statement

Bank of America Sees 'Modestly Hawkish' Tilt to Fed Rate Statement

Federal Reserve officials, in their first meeting of 2018, held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%, as expected.

Fed Keeps Rates on Hold, Says Labor Market Continues to Strengthen

Fed Keeps Rates on Hold, Says Labor Market Continues to Strengthen

Federal Reserve officials, in their first meeting of 2018, held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%, as expected.

New Eurozone Securities Could Ease the Effects of ECB Tightening

New Eurozone Securities Could Ease the Effects of ECB Tightening

Securitizing eurozone debt would get around Germany's opposition to joint bonds.

JPMorgan, Wells Fargo Get Fat Profits by Skimping on Savers as Rates Rise

JPMorgan, Wells Fargo Get Fat Profits by Skimping on Savers as Rates Rise

The Federal Reserve has raised interest rates over the past two years, but the biggest Wall Street banks are holding the line on the rates they pay depositors. As a result the banks have kept the extra income for themselves, benefiting executives, employees and shareholders at the expense of retirees and other ordinary savers.

JPMorgan CEO's Plan to Stay Five Years Shows He's Up for Another Crisis

JPMorgan CEO's Plan to Stay Five Years Shows He's Up for Another Crisis

Under JPMorgan CEO Jamie Dimon's own formula, a financial crisis happens every five to seven years. It's now been a decade since the last crisis.

Intermediate Trade: JNK

Intermediate Trade: JNK

I prefer a bearish trade on the junk bonds ETF.