Goldman Warns That Market Valuations Are at Their Highest Since …

Duration risk in bond markets is much higher this cycle,” they wrote. In the Goldman strategists’ main scenario of lower but positive returns, investors should “stay invested and could even be lured to lever up.” They suggested putting more in equities, with their greater risk-adjusted returns, and scaling back …

Philip Hammond promised just last week to “fix Britain’s broken housing market.” One slight problem is that Brexit threatens to take a sledgehammer to the plan hatched by the U.K. Chancellor of the Exchequer. U.K. construction workers from EU. 1 in 10. Now, it’s unfair to pin the blame for the imminent …

WASHINGTON—The Trump administration has formally rejected China’s demand that it be treated as a “market economy” under global trading rules, a move likely to heighten tensions between the world’s two largest economies. The U.S. submitted its decision to the World Trade Organization in Geneva in …

Germany’s DAX Index jumped 0.8 percent to the highest in three weeks. Japan’s Nikkei 225 Stock Average climbed 0.6 percent to the highest in three weeks. The MSCI Asia Pacific Index sank 1 percent to the lowest in more than a week. The MSCI Emerging Market Index dipped 1.5 percent to the lowest in …

… day before data for October showed actual home prices falling 3 percent, the biggest monthly decline since 2008. And on Friday, S&P Global Ratings suggested that Sweden’s housing market could lose as much as a 10th of its value from its August peak, as stricter amortization requirements coincide with …

Bitcoin Surges Past $11,000 as Bubble Warnings Can’t Cool Market. By … Even as analysts disagree on whether the largest cryptocurrency by market capitalization is truly an asset, its $178 billion value already exceeds that of about 95 percent of the S&P 500 Index members and is driving the debate about …

An obscure but vital corner of financial markets that was at the center of the financial crisis is making a comeback. Investors and banks use repurchase agreements, or repos, to borrow large amounts of short-term cash safely, by selling a security and pledging to buy it back at a slightly different price in the …

“The large tech companies already have low effective tax rates because they were gaming the system,” Michael O’Rourke, chief market strategist at JonesTrading Institutional Services LLC, said by phone. “Any reform would have to close the loopholes, which obviously they’re trying to do, so they don’t …