Forget the 4% retirement spending rule. How do you feel about 1.9%?

Retirees and near-retirees have known for some time that the famous 4% rule needs to be revised downwards. But by how much? Would you believe 1.9%? That’s the conclusion of new research that replicates the original research that led to the 4%, but with more realistic assumptions about our life expectancies and a more comprehensive … Read more

‘Painfully slow capitulation’: Why investors keep getting inflation wrong

A brutal third quarter in financial markets came to a close on Friday and one thing is overwhelmingly clear: Inflation is the single most important factor driving asset valuations right now and yet few, if any, people are able to accurately predict where it’s likely to go . The reason? Professional forecasters, policy makers and … Read more

Asian markets sink on German inflation, British tax cuts

BEIJING — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened. The Nikkei 225 NIK, -2.07% in Tokyo fell 1.8%. The Hang Seng HSI, -0.07% in Hong Kong was about flat while the Shanghai Composite Index SHCOMP, -0.21% … Read more

Asian markets follow Wall Street higher after UK calms markets

BEIJING — Asian stock markets followed Wall Street higher Thursday after Britain’s central bank moved forcefully to stop a budding financial crisis. The Shanghai Composite Index SHCOMP, +0.27% rose 0.83 and the Nikkei 225 NIK, +0.73% in Tokyo gained 0.4%. The Hang Seng in Hong Kong HSI, +1.14% jumped 1%. The Kospi 180721, +1.19% in … Read more

US stock futures dip, dollar rises as Italian election results add to uncertainty

US stock-index futures fell late Sunday, suggesting losses Monday, as the projected victory of a far-right party in Italy added to uncertainties about rising interest rates and recession fears. After falling nearly 200 points earlier in the session, Dow Jones Industrial Average futures YM00, -0.44% were down about 150 points, or 0.5%, around midnight Eastern, … Read more

The Fed will try to avoid ‘deep, deep pain’ for the US economy, Bostic says

The Federal Reserve is trying to engineer an economic slowdown to try to bring inflation under control, but will try to avoid a protracted recession, Atlanta Fed President Raphael Bostic said Sunday. “We need a slowdown. There’s no question about that. But I do think that we’re going to do all we can at the … Read more

Asian markets slide for the third day in a row on global recession fears

BEIJING — Asian stocks fell for a third straight day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. The Shanghai Composite Index SHCOMP, -1.08% dropped 0.9% and Hong Kong’s Hang Seng HSI, -0.86% lost 0.7%. The Kospi 180721, -1.48% … Read more

Asian markets pull back ahead of Fed decision on interest rates

TOKYO — Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the US Federal Reserve as it works to squash the highest inflation in decades. Japan’s benchmark Nikkei 225 NIK, -1.37% dipped 1.4% in morning trading. Australia’s S&P/ASX 200 XJO, -1.42% dropped 1.4% while South Korea’s Kospi … Read more

4 things to watch when the Fed delivers its rate-hike decision

The Federal Reserve is raising rates on Wednesday. That much is certain. Beyond that, there are weighty questions about whether the central bank’s efforts to bring down inflation can succeed without crashing the economy. With Fed Chairman Jerome Powell talking about “pain” for the economy in his Jackson Hole speech in August, investors are bracing … Read more