Multinationals Are Bailing from China, Larry Fink Says
As the trade war winds on with no end in sight, companies are not waiting around to see what happens, BlackRock chief finds.
Market Moves
A Break for the Weakened Housing Market
Mortgage rates are on the way down, which should boost affordability and home building starts.
Ray Dalio Calls for Investing in Gold Amid Troubling Times
The hedge fund kingpin says the allure of stocks will wane.
OK, the China Trade Talks Are Tough, But What Would a Pact Look Like?
More US goods bought, less tech transfer, and an enforcement mechanism. Maybe.
2Q Earnings Growth Might Not Go Negative After All
But even if they stay in the black, they will be puny compared to 2018’s blowout.
A Contrary Signal to the Baleful Inverted Yield Curve
The spread between BBB corporates and 10-year Treasuries is shrinking.
Tepid Expansion Keeps the Next Recession at Bay, Says Yardeni
Frazzled by the 2008-09 nightmare, people have avoided excesses that set up the economy for a new plunge, the economist argues.
Dr. Doom Forecasts a Recession in 2020
Economist Nouriel Roubini sees a continued trade war and spiking oil prices as the catalysts.
One and Done? Will the Fed Make a Small Cut, Then Quit?
Political pressure is high on Chairman Jerome Powell to do something in July. The question is how much.
As the Trump-Xi Confab Nears, Wall Street Is Leery
Lots of wariness about an escalation of the US-China trade war and bad economic fallout.
Economic Expansion Sets Twin Records for Length—and Weakness
US GDP has been growing for 121 months in July, but the growth rate is a mere 2.3%.
Chuck Schwab Mulls Company’s Leaving Costly San Francisco
Financial giant’s founder, apparently not serious, joins locals in kvetching about city’s high prices.
Look Out Above: Gold Rally Shows No Sign of Flagging
Forecasts say the yellow metal may reach $1,500 an ounce in coming months.
The Mighty Dollar Is Due for a Comedown, PIMCO Says
After an eight-year run, Fed rate cuts and a slowing economy are seen as poised to weaken it.
Corporate Debt Binge Will Ebb, Moody’s Predicts
Earnings slowdown expected to propel a movement away from heavy borrowing.