Once the place to be for yield-seeking global investors, Asia’s junk-bond market has shrunk drastically and new debt issuance has slowed to a trickle. Less than 18 months ago, the dollar-bond market f...
Tag: financial market news
Tax investigators identify potential $1 billion crypto Ponzi scheme, reports say
International tax officials have identified more than 50 leads to potential crypto tax crimes that may lead to official investigations in the coming weeks, including one case that could be a $1 billio...
Terra crashed. What does it mean for other stablecoins? Here are the potential winners and losers
It’s the third day since TerraUSD, an algorithmic stablecoin designed to trade 1 to 1 against U.S. dollars, fell off its peg for an extended period of time. TerraUSD USTUSD, +4.36%, or UST, the 11th l...
Can I turn my posttax 401(k) into a Roth?
Q.: I’m 74 and taking out the required withdrawals. Can I turn the post- tax 401(k) into a Roth so I don’t have to pay taxes? A.: Yes, sort of. How to do that varies. Though a Roth 401(k) account is a...
Bitcoin and Ether Prices Drop in Weekend Slump
Text size Bitcoin has lost 58% since its November 2021 peak near $69,000. Dreamstime Cryptocurrency investors are getting no rest on Saturday, as digital assets resumed their decline after a midweek r...
Stocks Nearly Entered a Bear Market. What History Says Happens Next.
Text size Everything in the markets seemed on the verge of collapse this week. NYSE It’s the moment of truth for stocks—and investors might not enjoy what comes next. For a moment this past week, the ...
Why are stocks falling? What you need to know about bear markets, stagflation and crypto chaos
It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy ...
Stocks Are Way Down. They’re Still Expensive.
U.S. stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive. Wall Street often uses the ratio of a company’s share price to its earnings...
It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower.
Text size Michael Nagle/Bloomberg The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical...
Stock market’s ‘ultimate lows’ are still ahead as investors have not yet capitulated, says B. of A.
Investors haven’t capitulated in this year’s beaten-up stock market, according to strategists at B. of A. Global Research. With recent fear and “loathing” suggesting that stocks are prone to a bear-ma...
This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years
Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue — by far — is overall asset allocation: How much to stocks, sectors, assets and so ...
This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%
Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging price...
The beginning of the end of the stock market’s correction could be near
The end of the U.S. stock market’s correction is looking a lot closer. That’s the conclusion of a contrarian analysis of market timer sentiment. It’s encouraging, from a contrarian perspective, that t...
This JPMorgan portfolio manager says he isn’t betting on a U.S. recession
In a wobbly stock market, Phil Camporeale, a portfolio manager at JPMorgan Chase & Co., is betting the U.S. will avoid a recession. Rising interest rates are the “number one culprit this year for...
‘Rebalancing during this pullback is a great idea’: 6 questions to ask your financial adviser right now as stocks continue to tumble
First, consider this general guide on investing: it’s about playing the long game instead of hyperventilating over headlines and doing something drastic, financial advisers say. Now file that statemen...
Feeling seasick? These simple, low-cost retirement portfolios are holding up well
Not everyone is having a terrible year. While stocks and bonds have all plummeted since Jan. 1, a few simple, low-cost, all-weather portfolios are doing a much better job of preserving their owners’ r...
The S&P 500 is on the brink of a bear market. Here’s the threshold.
The latest bull market for U.S. stocks remains on the brink of expiring, with the benchmark S&P 500 just shy of the threshold that marks bear territory. The S&P 500 SPX, -0.13% finished 0.1% l...
Bitcoin Is Finally Breaking. Why That’s Good News for the Stock Market.
Text size Bitcoin, Ether, and other cryptos have plunged in the past week. Stocks have suffered, too. Dreamstime A cryptocurrency crash has already wiped out $600 billion in digital asset market value...
Euro to hit parity vs. the dollar this year, Europe’s largest fund manager says
The chief investment officer of Europe’s largest fund manager expects the euro to fall to parity against the dollar. Vincent Mortier, the chief investment officer at Amundi, told the FT that the euro ...
As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’
The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. Ho...
No, the markets are not panicking about inflation
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the re...
Morgan Stanley’s done better than most forecasting markets during this turbulent year. Here’s what it says is coming next.
Wall Street analysts are the types who get to the airport with hours to spare. Year-ahead previews come in before Thanksgiving, so it can’t be too huge a surprise that Morgan Stanley has released its ...
Opinion: 12 stocks to consider for the next leg of the bull market
You may want to wait until the stock market turns up again before expending energy on trying to pick individual companies. That’s because, during bear markets, almost all stocks become correlated with...