Stocks are suffering their worst interest-rate-hike cycle ever. Here's why.
Anyone watching the market knows stocks have been hammered since the Federal Reserve began in March what has turned into an aggressive series of interest rate hikes, but strategists at Deutsche Bank say they might be surprised to learn that those rate hikes probably aren’t the culprit.
Any misconception that rate-hike cycles have tended to be negative for stocks was probably reinforced by the market’s ugly 2022 performance, but a closer look at the tape shows why that conclusion doesn’t hold up, Chadha and his team wrote: Treasury-yield volatility, as measured by the ICE BofA MOVE Index, hasn’t tended to rise in a sustained manner during rate-hike cycles, they wrote, with the one exception being the 1973 hiking cycle, which was the only one that also saw a significant stock-market selloff.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Why faulty streetlights are turning cities purple — and why it's worrisomeInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Deutsche Bank upgrades UPS, says macro concerns are now fully priced into the stockDeutsche Bank is changing its perspective on United Parcel Service, believing macro concerns are now priced into the stock.
Leer más »
'We see major stock markets plunging 25% from levels somewhat above today's,' Deutsche Bank saysDeutsche Bank researchers are the latest analysts to put a 25% decline in equities on the map, and they expect the U.S. to go into a recession by mid-2023.
Leer más »
Fed's Brainard: Even countries that hiked interest rates ahead of U.S. didn't avoid high inflationEven countries that raised rates in 2021 - well before the Fed started to move in 2022 - didn't manage to escape high inflation, Fed Vice Chair Brainard says.
Leer más »
EUR/USD to reach 1.15 by late 2023 – Deutsche BankEconomists at Deutsche Bank see the S&P 500 at 4500 in the first half of next year while EUR/USD is likely to hit 1.15 by late 2023. 2023 should be a
Leer más »
Fed’s Powell spurs backlash from Warren, labor advocates over job lossesFederal Reserve Chair Jerome Powell is warning of pain in the job market in the war against high inflation. A growing coalition of progressives has its own message to the Fed: Stop punishing workers.
Leer más »