Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.
Joe Rennison, a reporter covering financial markets for The New York Times, explains what is going on.
Sep 2024
Will the Fed go big? Gold hits new records amid rate cut speculation
<p>Markets are abuzz with speculation that the Federal Reserve may deliver a larger-than-expected 50 basis-point rate cut next week. As a result, yields have tumbled, and gold prices have surged to new record highs. Meanwhile, equity markets continue their winning streak, with th ... Show More
11m 43s
Oct 2024
China’s Market Resurgence, India’s Loss?
With Chinese equities being among the cheapest globally, they have sparked renewed interest from value investors. The bull run seems to have had a negative impact on Indian markets. But with past rallies fizzling out, will this time be different? Host Nishanth Vasudevan talks to ... Show More
16m 49s
Oct 2024
Can the market digest its multiple mega IPOs?
India's primary market is set to witness back-to-back billion-dollar IPOs, including Hyundai's record-breaking Rs 25,000 crore issue. With heavyweights like Swiggy and Afcons Infrastructure also preparing to go public, investors are closely watching the potential market impact. W ... Show More
16m 43s
Apr 2025
Risk appetite disappeared on Wall Street
<p>European markets played catch-up with Wednesday’s US rally yesterday, with nearly all sectors posting significant gains. However, when US markets opened, risk appetite appeared to evaporate on Wall Street, as stocks fell despite subdued inflation data. There was some brief res ... Show More
11m 38s
Nov 2024
Bitcoin soars alongside record-high US stocks
<p>Stock markets in Europe and the US started the week on a high note, with all three major US indices hitting new record highs. However, the momentum did not carry over to the Asia-Pacific region, where markets fell across the board in overnight trading. Meanwhile, commodities w ... Show More
11m 56s
Sep 2025
A new all-time high in time for the labour market report
The S&P 500 is trading at fresh all-time highs ahead of today’s crucial US non-farm payrolls report, which iswidely seen as the final piece of the puzzle that could give the Federal Reserve the go-ahead to resume cutting interest rates. Meanwhile, Asian markets are rising, buoyed ... Show More
12m 54s