Inflation surge cools in July. Should stock-market investors still play defense?

The latest surge in stocks helped lift the Nasdaq Composite COMP, +2.09% out of bear-market territory on Wednesday and the Dow Jones Industrial Average DJIA, +1.27% to exit correction territory. But the sharp upswing also prompted debate about whether investors should adjust their portfolios, pivoting away from defense plays. For the past month, growth stocks … Read more

Opinion: Inflation report brings 2 pieces of good news for retirees and retirement savers

Retirees and those seeking secure income got two items of very good news this week, although you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on … Read more

Stock-market euphoria meets bond-market pessimism as ‘strange week’ comes to end – MarketWatch

Stock-market euphoria meets bond-market pessimism as ‘strange week’ comes to an endMarketWatch

‘Strange week’ filled with conflicting signals in financial markets begins to wind down – MarketWatch

‘Strange week’ filled with conflicting signals in financial markets begins to wind downMarketWatch

The financial market’s best inflation traders missed the downside surprises. Now they’re lowering 2022 expectations.

Inflation has been nothing but full of surprises — remaining persistently hot for the past year when professional forecasters expected it to fade, then turning even lower than broadly expected for July. The consumer-price index report for last month, released on Wednesday, surprised to the downside — with an 8.5% annual headline rate below the … Read more

Rising real yields may squelch the US stock market’s outperformance relative to the rest of the world, economist says

As investor sentiment shifts by the day, the US stock market’s rally in recent weeks may be at risk again as rising real yields threaten to undercut the market’s performance relative to the rest of the world. That’s the view of James Reilly, an assistant economist at Capital Economics. In a note released Thursday, he … Read more

US jobless claims move higher, a ‘cool breeze’ over hot labor market

The numbers: Initial jobless benefit claims rose 14,000 to 262,000 in the week ended Aug. 6, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated new claims would rise 4,000 from last week’s initial estimate of 260,000. Key details: The four-week average of claims rose 4,500 to 252,000. The number … Read more

Stock-market investors cheer July inflation data. Big-name firms like PIMCO aren’t so sure.

Wednesday’s release of the consumer-price index report for July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry remained at big-name firms like PIMCO, where the focus was on stickier components of the data that may only get worse. According to PIMCO economists … Read more

Tech Stocks Are Back in the Market’s Driver’s Seat

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Markets have been extrapolating from one release to the next. Here are bargain stocks that build long-term returns, say these fund managers

Wow, that was a shocker: US consumer price growth slowed to 0% in July, the Labor Department reported on Wednesday. Core price growth slowed to 0.3%, which was below forecast. Over the last 12 months, prices have gained 8.5%, also coming in below forecast. The soft reading seems to justify the 13% rally in the … Read more