When can we really say goodbye to this bear market? Although Bank of America’s global fund managers are no longer “apocalyptically bearish,” some on Wall Street remain wary. Add ours call of the day to that last batch. It comes from the True Contrarian blog and newsletter CEO, Steven Jon Kaplan, who sees investors mired … Read more
Ah! We now know why bitcoin collapsed this year. It was because the brilliant and forward-thinking cryptocurrency market already knew, months and months ago, that President Joe Biden would end up signing the $ 740 billion “Inflation Reduction Act” on August 16 … and that this law would have been so powerful as to cause … Read more
Slaven Vlasic / Getty Images for New York Advertising Week Not accredited We recently came across a simple money tip from billionaire entrepreneur Mark Cuban on his blog Maverick that we felt resonating in today’s money-stressed world. Cuban answers the question “so what should you do to get rich?” with this point first of all: … Read more
The latest action on stocks could be a concern for the bulls. The initial surge in the S&P 500 on Thursday to new three-month highs faded as the session progressed. The “rise in peak inflation” has faded. Futures early Friday are firmer again, but inevitably there are some observers still wary of the recent rebound. … Read more
Bye! Welcome back to Distributed Ledger, our weekly cryptocurrency newsletter that hits your inbox every Thursday. I’m Frances Yue, a cryptocurrency journalist at MarketWatch, and I’ll walk you through the latest in the digital asset market. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we should cover. You … Read more
Photo: Ollinka (Shutterstock) Times are tough. If you are in a financial situation marmalade, you he may be thinking of approaching a trusted family member or friend to ask borrow some money to help you get back on my feet. Or maybe your younger brother is asking you for a loan to take them to … Read more
Oil prices have fallen from their peak at the beginning of the year. But energy company earnings estimates continued to rise thanks to stronger demand and low capital spending. Below is a screenshot of large-cap oil stocks as a starting point for investors. Take a look at a 10-year chart of previous month’s continuing quotes … Read more
Amid the euphoria following what appeared to be the first sign of slowing inflation, equities staged a large rally on August 10, with dozens of large-cap stocks up 5% or more. These included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit card lenders, and … Read more
Investors may want to keep their guard up as the stock market continues its rally. “The market is back to sleep,” and seems to think, “Okay, mission accomplished, inflation on the stock exchange, the Fed can back off,” said Sameer Samana, a senior global market strategist at the Wells Fargo Investment Institute, on Wednesday. in … Read more
We are a day away from data that could prove to be a turning point for the markets. If Wednesday’s CPI doesn’t reveal some price slowdown, expectations will rise for a larger Fed rate hike in September, which could bring equities down. But should it change direction, especially after surprisingly good employment data, the idea … Read more
