Would you be interested in an asset class that produces long-term returns that are nearly as good as the stock market but is as uncorrelated with the stock market as bonds are? Of course you would. Bu...
Tag: financial market news
The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own shots,” Mr. James said in the...
Citigroup Stock Is the Cheapest of the Big Banks. It’s Ready to Take Off.
Text size Even Warren Buffett’s Berkshire Hathaway has been buying Citi stock, a vote of confidence if there ever was one. Mario Tama/Getty Images Bank stocks have gotten hit as concerns about the U.S...
Small-Cap Stocks Have Gotten Crushed. Their Rebound Could Be Swift.
Text size Michael Nagle/Bloomberg Small-company stocks have gotten hit hard—harder than their larger peers. That means small-caps could face less risk if the market continues to fall and more upside o...
Stock Market Has a Very Bad Week. Why It Gets Worse Before It Gets Better.
After a three-year hiatus, the Golden State Warriors are the best team in basketball again—and they had to navigate an injury-driven tumble from the top to the absolute bottom to do it. There’s a less...
History says the next bull market is just months away, and it could carry the S&P 500 to the 6,000 level, according to Bank of America
When it comes to bear markets, investors can take comfort from history, which suggests that where there’s a beginning, there’s always an end. And according to Bank of America, investors have only got ...
A Crypto Bankruptcy Could Be Investors’ Nightmare
The cryptocurrency market’s latest swoon is giving investors a painful lesson about the risks of trading digital tokens through intermediaries. In a bankruptcy restructuring, crypto investors would be...
Russia again cuts natural gas exports to European countries
Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies...
Dogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion, claiming ‘pyramid scheme’
A dogecoin investor is suing Elon Musk and two of his companies, Tesla Inc. and SpaceX, for $258 billion, accusing them of operating a “pyramid scheme” to inflate the price of the cryptocurrency. The ...
Fed Rate Hikes Will End Sooner Than You Think. What That Means for Stocks.
Text size Federal Reserve Chairman Jerome Powell Drew Angerer/Getty Images The Federal Reserve’s aggressive interest rate increases can only last so long. The stock market could experience some relief...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Scared to check your 401(k) as Dow tumbles? Here’s when you should look — and when you shouldn’t
To look or not to look. That’s the question when people consider checking the balances in their investment and retirement accounts. Maybe ignorance is bliss amid a volatile stock market’s recent seque...
Wall Street is officially in a bear market: What strategists say investors should do
The U.S. stock market met popular criteria for a bear market this week as the latest declines by the S&P 500 took the U.S. large-cap benchmark down by more than 20% from its record close in Januar...
Dow futures slump over 500 points as post-Fed meeting gains evaporate
U.S. stock index futures slumped early Thursday, as the gains seen after the Federal Reserve’s biggest interest rate hike since 1994 quickly faded. What’s happening Futures on the Dow Jones Industrial...
Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here’s what to watch
The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructurin...
NRG Energy, Post Holdings and Other Stocks That May Be Takeover Targets in 2022
Text size Retail energy provider NRG Energy could be a takeover target in 2022, according to a report from Citigroup. Scott Olson/Getty Images With stocks in a bear market, mergers aren’t likely to pi...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with the likelihood of a “fast recession” on th...
Why stocks and bonds went into relief-rally mode after Fed’s jumbo rate hike
Financial markets suffered an absolute bloodbath in the days leading up to Wednesday’s Federal Reserve decision, with stocks plunging and bond yields soaring in the wake of surprisingly hot inflation ...
Fed sees inflation topping 5% in 2022 and then falling rapidly due to higher rates
The Federal Reserve on Wednesday predicted U.S. inflation would exceed 5% by the end of 2022 — much higher than its most recent forecasts — underscoring its more aggressive strategy in raising interes...
Bill Gates slams cryptos, NFTs as ‘100% based on greater fool theory’
“You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, +1.40% co-founder Bill Gates delivering his...
Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million
As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...
Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is...
Italian bond yields dive and euro climbs as ECB announces emergency meeting on market conditions
European bond yields fell and the region’s single currency climbed on Wednesday as the European Central Bank announced it would hold an emergency meeting to “discuss current market conditions.” The Go...
A 75-basis point Fed move is not a slam dunk, former staffer says
In the last 24 hours, investor expectations for the Federal Reserve have coalesced around a 75 basis point hike, nudged in that direction by a Wall Street Journal article. Fed-funds futures markets no...
3 moves retirement savers can make now to profit from the stock market turmoil
Every crisis is an opportunity. The massive turmoil on financial markets so far this year is no exception. Here are three things that every middle-class American can do with their 401(k), IRA or other...
Bitcoin down 70% from all-time high. Why is crypto market crashing?
Cryptocurrencies have been crashing. Bitcoin BTCUSD, -3.21% plunged to as low as $20,834 late Monday, the lowest level since December 2020 and down about 70% from its all-time high in November. The No...
Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom
Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanle...
Fears of MicroStrategy Margin Call Mount as Bitcoin Slumps
Text size MicroStrategy would be forced to add to collateral if Bitcoin slips below $21,000. Dreamstime MicroStrategy , the business-intelligence software maker that borrowed money to invest in Bitcoi...
Stock investors are still in danger, but history says bear markets are relatively brief
I have no idea how long the bear market on Wall Street will last, or how far down the major averages will go. But I do know what won’t help you forecast the bear market’s severity: valuation. Bear mar...