Commodities could surge by as much 40% — taking them far into record territory — should investors boost their allocation to raw materials at a time of rising inflation, according to JPMorgan Chase & Co.
The Fed is sounding more and more aggressive
What does it mean when even the doves at the Federal Reserve start to sound like hawks? Investors are weighing that question after a key member of the central bank who has historically favored a gentler approach to raising interest rates talked tough about the central bank’s need to fight rising prices.
Japan, China stocks drop more than 1%; Samsung estimates 50% jump in first-quarter profit
Japan stocks dropped more than 1% and other Asia-Pacific markets fell on Thursday following two days of declines on Wall Street.