The $4.5 trillion force that’s helping to fuel market swings

New York (CNN Business)The Federal Reserve’s rate hikes steal all the headlines. But behind the scenes, the Fed is conducting a $4.5 trillion experiment. And it’s unsettling global financial markets. Many market watchers believe that the balance sheet shrinkage — it’s down $500 billion from the peak — has at…

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The yield curve is flattening. But the party isn’t over yet

New York (CNN Business)1. Yield curve jitters: One of Wall Street’s most reliable fortunetellers is flashing ominous signals about the economic future. While the caution is understandable, some market analysts are warning investors against overreacting. First, it’s important to note that while the shorter end of the yield curve has…

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Rate hikes are already squeezing these businesses

New York (CNN Business)1. Tapping the brakes: The American economy is soaring, but yellow lights are flashing in two critical industries that boomed during the era of easy money. Now that the economy has recovered from the Great Recession, the Fed is trying to take the training wheels off. That…

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