Reasons Why the US Stock Market Is Volatile in 2022
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Reasons Why the US Stock Market Is Volatile in 2022
Reasons Why the US Stock Market , Is Volatile in 2022.
The first months of 2022 have been
exceptionally volatile for the U.S. stock market.
.
From January through April,
the S&P 500 fell by 13.3 percent.
Not since 1939 has the
stock market benchmark
experienced such a
dramatic beginning to the year.
With a continued fall equating to nearly
16 percent for the year, .
Analysts are seeing signs of a bear market as
the drop approaches the 20 percent mark.
Tech stocks have experienced even steeper declines, with the Nasdaq Composite hovering at a 25 percent loss.
Analysts say part of the reason why the market
has been so volatile has to do with the way the
Federal Reserve has responded to inflation.
Raising interest rates has had a complex effect on the stock market, causing some stocks to fall and others to rise.
For instance, bonds have become more competitive in the present market, causing tech stocks to lose some luster.
Other factors contributing to the difficult market include the war in Ukraine...
... and massive COVID lockdowns
implemented in China, which also
affect the country's production.
So what signs are analysts looking for to predict the immediate and long-term health of U.S. financial markets?.
The rate of inflation is one key factor.
The release of the Consumer Price Index on May 11 has provided some hope that the rate of inflation may have stabilized.
Analysts also point to the markets themselves
and whether certain levels can be maintained
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
Credit: Wibbitz Top Stories Duration: 01:31Published
Federal Reserve Posts Massive, $114 Billion , Loss in 2023.
On March 26, the Federal Reserve
announced a record-breaking net
negative income of $114.3 billion in 2023.
Reuters reports that the loss follows
$58.8 billion in net income in 2022. .
Since releasing the numbers,
the Fed has stressed that negative net
income does not impede its ability to operate.
Since releasing the numbers,
the Fed has stressed that negative net
income does not impede its ability to operate.
As a result of low rates and large
levels of bond holdings, the Fed has
earned significant profits in recent years.
Last year, the Fed's audited interest expenses for
banks' reserve balances reached $176.8 billion,
an increase of over $116 billion from 2022.
In 2023, the Fed's interest payouts from
its reverse repo facility were $104.33 billion,
increased from $41.9 billion the year before.
Reuters reports that the Fed creates funds when
dealing with operating losses, capturing its loss
in an accounting device known as a deferred asset.
Reuters reports that the Fed creates funds when
dealing with operating losses, capturing its loss
in an accounting device known as a deferred asset.
At the close of 2023, the deferred
asset stood at $133.3 billion.
As of March 20 of this year, that number
had risen to $157.8 billion with no
indication of how much larger it could get.
Last year, a St. Louis Fed report forecast that it
could take years before the Fed can return to
profitability and reduce the country's deferred asset.
Last year, a St. Louis Fed report forecast that it
could take years before the Fed can return to
profitability and reduce the country's deferred asset
Credit: Wibbitz Top Stories Duration: 01:30Published
In this Biz Pulse episode, we delve into market updates and the US Federal Reserve's announcement. Indian ADRs witness a decline, while IT stocks garner attention. Equity markets are on an upswing, while gold prices surge. Stay tuned for insights into these trends shaping the financial landscape.
#ADRStocks #ITMarket #StockMarket #Sensex #Nifty #IndianStocks #USStocks #USStockexchange #Businessnews #Worldnews #Oneindia #Oneindianews
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Experts Say Fed's , Rate Hikes Could Impact , Housing Market for Decades.
Yahoo Finance reports that the housing market
has been showing signs of bouncing back as
this year's spring home-buying season begins.
For the second week in a row, mortgage rates
fell, reaching the lowest level in over a month. .
According to Freddie Mac, the average rate
on a 30-year fixed mortgage dropped to
6.74% from 6.88% the week before.
At the same time, supply is also
starting to rebound, with new listings
hitting a 17-month high in February. .
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
According to economist Gary Shilling, the Fed's
campaign has created a "perfect storm,"
with higher rates causing would-be
home sellers to put their plans on hold. .
It won't continue
indefinitely, but it certainly
is disruptive right now, Gary Shilling, Economist, via Yahoo Finance.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
There's going to be low
supply for a long time to
come. What the Fed did…
will have a 30-year tail on it, Glenn Kelman, Redfin CEO, via Yahoo Finance.
Yahoo Finance reports that mortgage rates may be
unlikely to fall much further in the near term, meaning
that a more substantial rebound may still be far off.
Credit: Wibbitz Top Stories Duration: 01:30Published
Data Shows , US Wages Falling , at a 'Striking' Pace.
Fox News reports that wage growth
in the United States has slowed
significantly over the past year. .
According to new data from Indeed,
wage growth is beginning
to near pre-pandemic levels. .
Indeed's wage tracker showed that salaries have had
a marked drop since January 2022, suggesting that
employers are seeing less competition for new hires.
The pace of deceleration
is striking. Posted wage growth
has fallen by almost 3 percentage
points over the past year, Nick Bunker, Indeed labor economist, via Fox News.
Fox News reports that the most pronounced
deceleration was found in low-wage sectors. .
Given the huge run-up in posted
wages for those sectors, wage growth
is still above its pre-pandemic pace.
How long this will last is uncertain, Nick Bunker, Indeed labor economist, via Fox News.
After remaining historically tight throughout the last
year, the labor market is expected to continue slowing
in the coming months amid elevated interest rates.
Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market.
Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market.
In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. .
In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. .
In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. .
Despite this, job growth has
remained resilient, with employers
adding 275,000 jobs in February. .
At the same time, Labor Department
data shows that the unemployment
rate for the month also rose to 3.9%.
Credit: Wibbitz Top Stories Duration: 01:31Published
CPI(Maoists) confirmed 29 deaths in Kanker, excluding Lalita. Corrected names were released. Police list matched, including Shankar Rao. Bastar range IG P.. IndiaTimes
Congress leader Rahul Gandhi holds a spirited roadshow in Wayanad, Kerala, ahead of filing his nomination papers for the Lok Sabha elections. Thousands of supporters join him, while CPI candidate Annie Raja also files her nomination. Criticism arises, questioning Rahul's decision to contest against Raja instead of confronting the BJP directly. The electoral dynamics in Wayanad reflect intricate alliances and fierce rivalries.
#Congress #RahulGandhi #LokSabhaElections #Wayanad #KeralaElections #CPI #AnnieRaja #BJP #Amethi #CongressParty #Worldnews #Oneindia #Oneindianews
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Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year, according to the Consumer Price Index (CPI).
The figures, which are greater than expected, represent the biggest monthly increase since September, Yahoo Finance reports. .
The index for housing rent rose 0.5% in February.
Gas prices rose 3.8%.
While food prices held steady for the month, they increased 2.2% year-over-year.
The Federal Reserve will use the latest data to help determine its position on interest rates on March 20. .
Experts predict that rates will
remain unchanged for the time being.
The market is now eyeing June for the possibility of rate cuts, Yahoo Finance reports. .
Fed Chair Jerome Powell recently said
that while interest rates will likely
be cut "at some point this year,"
"a little bit more data" is needed.
Credit: Wibbitz Top Stories Duration: 01:31Published
WHO consultation proposes 'through the air' descriptor for disease transmission, aiming to clarify pathogen transmission methods. Experts like Dr Neeraj Nischal.. IndiaTimes
These Foods Will Either
Boost or Drain Your Energy.
As the COVID-19 pandemic drags on, it can be a struggle to maintain consistent energy levels throughout the day.
While a cup of coffee can provide a
much-needed boost of energy, experts say eating the
right food is actually a better option. .
Here are 10 foods that'll either boost or drain your energy,
according to three registered dietitian nutritionists. .
1. Black Beans
(Energy Booster) .
2. Caffeine/Energy Drinks
(Energy Drainer).
3. Bananas
(Energy Booster).
4. Candy
(Energy Drainer).
5. Eggs
(Energy Booster).
6. Steak
(Energy Drainer).
7. Water
(Energy Booster).
8. Fruit Smoothies
(Energy Drainer).
9. Pistachios
(Energy Booster).
10. Low-Calorie
Frozen Meals
(Energy Drainer)
Credit: Wibbitz Top Stories Duration: 01:30Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
Study Investigates Link Between, COVID, Mental Health and Insomnia.
PsyPost reports that a new study by Phenikaa University
in Vietnam has highlighted one of the more common and
lingering symptoms of COVID-19: insomnia.
PsyPost reports that a new study by Phenikaa University
in Vietnam has highlighted one of the more common and
lingering symptoms of COVID-19: insomnia.
As a sleep researcher, I received
many questions and complaints
from relatives, friends, and colleagues
about their sleep disturbances
after recovering from Covid-19, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
I found that the majority of papers
focused on hospitalized patients.
The environment of their treatment
and quarantine would differ greatly
from those with milder symptoms, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
Patients were asked to compare the quality and length
of their sleep, as well as how easy it was for them to
fall asleep, before and after they contracted COVID.
Patients were asked to compare the quality and length
of their sleep, as well as how easy it was for them to
fall asleep, before and after they contracted COVID.
Of the 1,056 people surveyed, over 76.1% of
participants said they experienced insomnia.
22.8% of those surveyed reported
experiencing severe insomnia.
The study found that two groups experienced
a statistically significant increased rate of insomnia,
including those with depressive or anxious symptoms.
The authors of the study note that further
investigation of the connection between COVID,
mental health problems and insomnia is needed.
Since this is a cross-sectional
study, the relationship of anxiety
and depression with insomnia
cannot be fully investigated, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
In addition, collecting data
online and a convenience
sampling method can cause
recall bias and selection bias. , Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost
Credit: Wibbitz Top Stories Duration: 01:30Published
Ukraine’s president Volodymyr Zelenskyy says Kiev has credible intelligence that Russia plans to disrupt the Global Peace Summit to be held in Switzerland in June.
Credit: euronews (in English) Duration: 01:36Published
President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs.
#JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia
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