Good news is good news again in markets

A strange thing happened this week: calm. US inflation data showed that prices were rising faster than analysts had expected or hoped in February — an outcome that, on the margins at least, bolsters the case for keeping interest rates higher for longer. At one point last year, “higher for longer” were the three scariest words in the English language for investors — enough to strike terror in to any portfolio manager.

“Now that almost every market guru has walked back their recession call, wouldn’t it be just typical if the US economy now slides into recession?” Some economic data still looks fragile, and echoes with previous run-ups to market shocks are striking, he said. Record highs in stock markets have also “buoyed the economic narrative”, he said. “Something does not look right.” Something always looks skewiff to permabears like Edwards, but he does have a point.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Preston City Council savings depend on how interest rates affect Animate borrowing plansPreston Town Hall in Lancaster Road Pic: Blog Preston The cost of borrowing to help fund Preston’s new cinema and leisure development could dictate whethe
Source: blogpreston - 🏆 82. / 55 Read more »

Preston City Council Savings Depend on Interest RatesThe article discusses how the savings of Preston City Council are affected by interest rates and their borrowing plans. It also mentions the closure of a motorway section and offers a newsletter subscription.
Source: blogpreston - 🏆 82. / 55 Read more »

Bank of England under new pressure to cut interest rates as mortgage arrears growBudget watchdog says it is unclear how Jeremy Hunt's spending plans 'add up'
Source: i newspaper - 🏆 8. / 89 Read more »

European banks promise €120bn of shareholder returns on interest rate gainsReturns via buybacks and dividends higher than any year since before the financial crisis
Source: FT - 🏆 113. / 51 Read more »

Hedge fund pioneers face signs of a reckoningRising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
Source: FT - 🏆 113. / 51 Read more »

Aston Villa have ‘concrete’ interest in signing Oscar GloukhThe inside track on the football stories that matter
Source: footyinsider247 - 🏆 53. / 63 Read more »