Category Archives: Markets

Stock Market Next Year as Interest Rates Rise – Just Don’t Expect Big Returns

First American News LLC, Raleigh, NC: For investors, this has been a year like no other. Stocks soared, bonds slumped, Bitcoin went bonkers—on the upside and down—and nonfungible tokens became a head-scratching asset class, after an NFT of a digital collage by an artist known as Beeple sold at auction for $69 million. By our […]

The World Economic Forum in Davos, Switzerland, is postponed.

First American News LLC-Raleigh NC: The World Economic Forum said Monday that it was postponing its annual meeting in Davos, Switzerland, citing concerns over the spread of the Omicron variant. The cancellation of the event, which had been planned for Jan. 17-21, is one of the biggest disruptions caused by the new wave of coronavirus […]

U.S. Economy Loses Fed, Fiscal Props After Powell-Manchin Pivots

First American News-Raleigh, NC: The U.S. economy will spend 2022 learning to live with the coronavirus without much in the way of help from the Federal Reserve or the federal government — especially with the derailing of President Joe Biden’s $1.75 trillion spending plan says Bloomberg News. The Fed’s pivot last week toward tighter credit […]