Wall Street Journal (December 12)
“Investors spent most of 2023 fretting about inflation and interest rates. Now they are snapping up everything from stocks and bonds to crypto and even gold.” Does the “simultaneous surge across assets” signal “the arrival of a lasting bull market” or is it “just a fleeting sugar high at the end of the Federal Reserve’s tightening cycle?” Opinions are divided.
Tags: 2023, Bonds, Bull market, Crypto, Cycle, Fed, Fleeting, Fretting, Gold, Inflation, Interest rates, Investors, Stocks, Surge, Tightening
Washington Post (April 21)
“When the price of oil seemingly stepped through the looking glass Monday and tumbled into negative value, it summoned up an image of the world of petroleum turned wrong-side-round.” This shocker “was fleeting, and symbolic, more than anything, and it won’t have much effect on the price of gasoline at the pump. But it showed just how much the coronavirus pandemic has crushed the world’s energy markets — and how the global effort to stabilize them was failing.”
Tags: Coronavirus, Energy markets, Failing, Fleeting, Gasoline, Negative value, Oil, Pandemic, Petroleum, Price, Symbolic
