“60/40” portfolios are facing worst returns in 100 years: BofA

“60/40” portfolios are facing worst returns in 100 years: BofA

LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in a note on Friday, noting that bond markets continue to see huge outflows. “2022 (is) a simple tale of “inflation shock” causing “rates shock” which in turn threatening “recession shock” … Read more

Bond sell-off worst since 1949, Bank of America says

Bond sell-off worst since 1949, Bank of America says

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949 and investor sentiment has plummeted … Read more

Wall Street skids to two-month lows as FedEx warning stokes slowdown fears

Wall Street skids to two-month lows as FedEx warning stokes slowdown fears

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register FedEx warning sends shudders across the sector All the three major indexes set for sharp weekly losses … Read more

Wall Street closes sharply higher on strong corporate earnings

Wall Street closes sharply higher on strong corporate earnings

Boeing raises on deal to sell jets to 777 Partners Johnson & Johnson and IBM fall on dollar impact warning Halliburton, Hasbro, Truist rise after profit beat Indexes Up: Dow 2.43%, S&P 500 2.76%, Nasdaq 3.11% Biggest one-day percentage gain for Nasdaq since June 24 July 19 (Reuters) – US stocks closed with sharp gains … Read more

Wall St slides, Dow set for worst first-half since 1962

Wall St slides, Dow set for worst first-half since 1962

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US May consumer spending rises moderately; higher inflation S&P 500 headed for worst first-half since 1970 Indexes down: Dow 0.72%, S&P 0.58%, Nasdaq … Read more

The ‘Big Package’: How Russia was driven to default

The ‘Big Package’: How Russia was driven to default

European Commission President Ursula von der Leyen arrives for the European Union leaders summit, as EU’s leaders attempt to agree on Russian oil sanctions in response to Russia’s invasion of Ukraine, in Brussels, Belgium May 30, 2022. REUTERS/Johanna Geron//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Russia’s … Read more

Wall St ends down sharply as hot inflation data intensifies investor fears

Wall St ends down sharply as hot inflation data intensifies investor fears

Consumer price index rose to 1% in May from 0.3% in April Netflix falls after Goldman Sachs downgrades to ‘sell’ NEW YORK, June 10 (Reuters) – US stocks ended down sharply on Friday and posted their biggest weekly percentage declines since January as a steeper-than-expected rise in US consumer prices in May fueled investor worries … Read more

Russian ruble hits near 2-year high vs euro

Russian ruble hits near 2-year high vs euro

A view shows Russian ruble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 25 (Reuters) – The Russian ruble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due … Read more