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Big spending makes financial markets matter less SECTIONS Last Updated: Apr 01, 2021, 08:22 PM IST Share Synopsis There were four distinct financial market shocks that happened in the first quarter that could have created negative spillover in financial markets and the real economy, yet none of them did. Agencies There was the epic short squeeze in the stocks of GameStop Corp. and other companies favored by traders using trading platforms like Robinhood. Related By Conor Sen A lesson learned after the 2008 financial crisis was that financial market shocks can turn into real economy shocks if...

(Larry Downing/Reuters) Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: FOMC meeting, tech stocks tumble, Treasurys climb, and the risks of forward guidance. FOMC Meeting Investors are once again testing the adage, “Don’t fight the Fed.” The Federal Reserve Open Markets Committee (FOMC), which is holding a press conference this afternoon, has for months signaled that it does not intend to raise interest rates until at least 2024. But since February, yields on U.S. Treasury notes have moved up, implying three rate hikes in 2023. Advert...

Biden's rescue plan would benefit all Americans, not just one political party or a special interest group.

It seemed inevitable that the populist forces that have disrupted almost everything else in recent years would eventually arrive to democratize investing. But the sheer impact of retail trading has been shocking, primarily to financial professionals who appeared ill-equipped to deal with it. Organizing via social media, the amateurs have been able to send so-called “meme stocks” like GameStop Corp. soaring, while hedge funds that bet against the chosen companies feel the pain. Some worry that th

New York City has dropping rents. San Diego's rent keeps going up.