“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Tag: Commodity
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is Coming.
Text size Bitcoin continues to trade at less than one-third its all-time high from November 2021. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were under pressure on Monday. While...
Here’s what Morgan Stanley says will fuel another decline in stocks
Morgan Stanley’s been widely credited, at least among the major Wall Street banks, for correctly predicting the rough ride that stocks would endure this year. Morgan Stanley strategist Mike Wilson say...
EU’s Energy Plan Beats Inaction
A perfect storm has hit European energy markets, pushing leaders to intervene. It isn’t all bad news for investors. The confluence of extreme summer heat, dwindling Russian gas deliveries, unplanned o...
British Pound Falls to Lowest Level Since 1985 as U.K. Economic Pain Mounts
Updated Sept. 4, 2022 5:41 pm ET Listen to article (2 minutes) The British pound slid to its lowest level against the U.S. dollar since 1985, a reflection of the U.K. economy’s dire economic situation...
Germany Agrees on Gas Relief Package for Businesses, Consumers
BERLIN—Germany unveiled its third energy crisis relief package this year to shield consumers from soaring prices over the winter, a day after Russia indefinitely suspended gas deliveries to Europe’s l...
2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
ETF or mutual fund — which is better?
Q.: I have read that one should always use ETFs instead of regular mutual funds and I’ve read one should never use ETFs and read that it doesn’t matter. What is your viewpoint on funds v ETFs? —Ted in...
Russia Signals Opposition to OPEC+ Oil-Production Cut
Russia doesn’t support an oil-production cut at this time, and it is likely OPEC+ will keep its output steady when it meets Monday, people familiar with the matter said, as Moscow maneuvers to thwart ...
5 tips for retiring in a volatile market
Retiring is usually accompanied by celebrations and relaxation, but recent market volatility is adding a measure of doubt for those nearing or at the start of their retirement. That volatility, couple...
Forget Bitcoin. Interest in Ether Is Booming Ahead of ‘The Merge.’
Investors have flocked into Ether trades as a critical upgrade to one of crypto’s most crucial networks looms large this month, setting the stage for volatility in the days and weeks to come. Set to b...
Oil Has Been Falling, OPEC Cuts Could Drive Them Up Again
OPEC’s biggest producer, Saudi Arabia, recently suggested that the group may consider an output reduction. Asaad Niazi/AFP/Getty Images Text size Oil prices posted their biggest monthly loss of the ye...
Dow downgraded again, but high dividend yield keeps analyst from turning bearish
Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...
The Other Doomsday Scenario Looming Over Markets
By James Mackintosh Sept. 3, 2022 10:00 am ET Listen to article (2 minutes) Think inflation is the biggest threat to your investments? Perhaps not: One fund manager that successfully navigated the pas...
‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year
With summer winding down, the U.S. stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief U.S. strate...
Opinion: The stock market is unrelentingly bearish but still nowhere close to triggering a ‘buy’ signal
The S&P 500 Index SPX, -1.07% has been in a bearish phase since the mid-summer rally fizzled out near 4,300 points. The declining 200-day moving average of the benchmark index happened to be close...
Why an epic U.S. dollar rally could be a ‘wrecking ball’ for financial markets
The U.S. dollar is on a tear, hitting historic highs versus major rivals and sending ripples through global financial markets as investors see the Federal Reserve pressing interest rates higher in its...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
The Stock Market Looked Ready to Recover Before Falling Apart. What Went Wrong.
Text size Jonathan Alpeyrie/Bloomberg August’s payrolls data was greeted with chants of “Goldilocks” for being not too hot and not too cold. Investors, however, forgot that “Goldilocks and the Three B...
After a Brutal Bond Selloff, Opportunities Have Emerged for Income Investors
For many years, dividend stocks were one of the few places where investors could find decent yields in a world of ultralow rates. A 10-year Treasury bond was dealing out an emaciated 1.3% a year ago, ...
The Stock Market Is in a ‘Super Bubble,’ Renowned Investor Jeremy Grantham Says
Text size Jeremy Grantham, shown in 2010. Daniel Acker/Bloomberg Famed investor Jeremy Grantham says the stock market is in the midst of a “super bubble.” That means prices are even more out of whack ...
Bonds enter first bear market in at least 30 years
The bond market has entered its first bear market in more than 30 years — and possibly much longer. The Bloomberg Global Aggregate Total Return Index has now dropped more than 20% below its peak, the ...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says
Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuati...