- From econofact.org|May 30, 2023
For most of the past 20 years stock prices and bond prices tended to move in opposite directions. This made buying 10-year Treasury bonds a good hedge for investors seeking to protect their portfolio from declining stock prices. But when the Federal Reserve started raising interest rates to fight inflation in 2022, the prices of stocks and bonds fell ...
- From bnnbloomberg.ca|6 hr ago
The US trade deficit widened in April to the largest in six months as imports picked up and exports declined. The shortfall in goods and services trade grew by $14 billion, or 23% from a month earlier, to $74.6 billion, Commerce Department data showed Wednesday. The figures aren’t adjusted for inflation. The median estimate in a Bloomberg survey of ...