Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
Tag: Gloom
Smart Money Goes Short As Macros Cast Gloom On Crypto
Digital assets are a relatively new asset class that made smart money investors fall in love with high gains during the 2021 bull market. Traditional finance institutions like venture capital firms th...
Rally has come too soon – we are not yet at peak gloom
Bear Bull Market Like everyone else, I’ve been surprised by the market’s rally since its October low. Not so much that it happened but when it arrived. I expected the market to turn higher in the midd...
Crypto tax unicorn CoinTracker lays off 19 employees, citing industry gloom, ‘over-hiring’
Crypto tax unicorn CoinTracker laid off about a fifth of its staff due to market conditions. A total of 19 employees were let go from the San Francisco-headquartered crypto tax company as its le...
Jeremy Grantham Predicts More Doom and Gloom Ahead; Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
Investor sentiment has been improving, but the contrarians haven’t gone silent. Legendary British investor Jeremy Grantham is predicting hard times ahead, as he lays out his case for doom and gloom to...
Kroger-Albertsons Merger Spells Doom, Gloom And Boom
The merger of Kroger and Albertsons would put control of the grocery industry into the hands of … [+] three companies, which together would represent more than half of the sector by revenue. get...
Will Gloom About China Prevail After Biden-Xi Talk On Monday?
Xi in Biden in 2013. (Photo by Lintao Zhang/Getty Images) Getty Images President Joe Biden will talk with his Chinese counterpart Xi Jinping on Monday in Bali, Indonesia, and the question for markets ...
Jamie Dimon Predicts More Doom and Gloom Ahead; Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
You don’t get to head one of the world’s largest banks if you don’t know a few things about economics – and so when J.P. Morgan’s CEO Jamie Dimon speaks, investors listen. And lately, what Dimon has t...
Gloom Grips China Investors Like Never Before Ahead of Congress
(Bloomberg) — Sunday brings a historic moment for Xi Jinping’s political legacy, but investors are far less excited about the prospects of a market turnaround: Chinese stocks have never performe...
Stock Market Gloom ‘Worse Than Ever’ As Fed Signals It May Keep Tightening Until Recession
Topline Fed officials on Thursday reiterated calls for aggressive policy to combat stubbornly high inflation—fueling expectations for bigger rate hikes amid a stock-market selloff that’s seen major in...
Fed Hikes Rates By 75 Basis Points—Here’s Why It’s Not All Doom And Gloom For Investors
Near-term risks remain high, but investors who stay focused on the long-term have historically been rewarded. Manuel Balce Ceneta/Associated Press In a widely expected move on Wednesday, the Federal R...
Gloom Or Doom For Global Economy? Vanguard Gives 65% Recession Odds
Wall Street is daring Fed Chairman Jerome Powelll to stop raising rates. But without a real … [+] recession and with inflation at 40 year highs, why stop now? (Photo by Kevin Dietsch/Getty Image...
The IMF Issues Gloom and Doom Statement Regarding Crypto
The International Monetary Fund (IMF) is concerned about the crypto space after the collapse of both Luna and Terra USD. The IMF Is Worried About Ongoing Crypto Use The latter was an algorithmic stabl...
Can Bitcoin Rebound After Powell’s Doom And Gloom Speech?
Fed chair Jerome Powell’s speech was anything but good news for the crypto markets. Bitcoin and the rest of the crypto market were showing strong rallies because of favorable inflation data. Bitcoin w...
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRad...
Auto Makers Expect Car Sales to Defy Economic Gloom
Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...
Gloom Returns to China Stocks With Worst Monthly Loss in a Year
(Bloomberg) — Chinese stocks plunged Friday to cap a brutal month which marked the return of almost all the worries that have spooked investors for much of the past one year. Most Read from Bloo...
Apple’s Stock Gloom Spreads as More Analysts Trim Price Targets
(Bloomberg) — More analysts covering Apple Inc. are cutting their share-price forecasts, signaling growing concerns about an economic slowdown that could hurt the sales of its products. Most Rea...
June gloom takes on a new meaning in another 2022 down month
The market cap of Bitcoin (BTC) dropped another 33% in June, which is now beginning to numb the Twitter community. On the upside, many crypto traders who wanted out did so fairly aggressively from Mar...
CEO Gloom Opens Pathway To Tech Stock Resurgence
Most corporate leaders now expect a recession as soon as next year. Getty Images Most corporate leaders now expect a recession as soon as next year. This is what it means for investors. A survey relea...
Iron Ore Sinks and Steel Mills Go Dark on Deepening China Gloom
(Bloomberg) — Iron ore plunged more than 7% in Singapore — giving up all its gains this year — as steel mills idled blast furnaces amid growing pessimism over the demand outlook in C...
From boom to gloom, the crypto investors now unable to pay their tax bill
? Want to work with us? CryptoSlate is hiring for a handful of positions! 2021 was a record-breaking year, as the total crypto market cap hit a high of just short of $3 trillion, with the market leade...
Amazon Deepens Gloom for Battered E-Commerce Stocks
(Bloomberg) — The historic rout in Amazon.com Inc.’s shares last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom, with investors s...
Stocks Will Shake Off Gloom and Shine, Defiance’s Jablonski Says
(Bloomberg) — Dreary headlines wash over investors every day — war in Ukraine, inflation, the unending spread of Covid-19, supply-chain troubles. All the gloom has market analysts downgrad...
Ukraine War Adds To Auto Industry Gloom As Sales Forecasts Slashed Again
Luxury vehicles, like this Rolls-Royce Cullinan SUV, will perform better than mass-market cars as … [+] sales come under pressure. getty 2022 was supposed to herald a return to normality for car...
Gloom in Transports Sends Smoke Signal for U.S. Stocks
(Bloomberg) — The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American co...
Market Gloom Triggers BofA’s Contrarian ‘Buy Signal’ for Stocks
(Bloomberg) — Bank of America Corp.’s indicator is flashing green for the first time since the onset of the pandemic in March 2020, potentially signaling an upside for global equities in the wee...
Goldman Cuts S&P 500 Target Again as Gloom Descends Upon Stocks
(Bloomberg) — Goldman Sachs Group Inc. strategists lowered their target for the S&P 500 index for the second time in a month, implying negative returns for the year, after a global commodity...
Interest Rate Hike Not Necessarily Doom and Gloom for Bitcoin (BTC), Says Analyst Benjamin Cowen – Here’s Why
Widely followed crypto analyst Benjamin Cowen says that the fears of Bitcoin’s (BTC) price dipping if the Federal Reserve raises interest rates may be unfounded. In a new strategy session, the analyst...
Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...