A “superbubble” appears dangerously near its “final act” after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham...
Tag: NASDAQ Composite Index
Stock-market summer rally ran out of steam. What history says about September.
A summer U.S. stock-market rally off lows for the year seen in June shuddered to a halt in August, leaving major indexes with monthly losses as investors braced for the start of a traditionally unplea...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
Stock Market Today: Dow Futures Jump as Jackson Hole Selloff Eases
Text size Wall Street saw its worst day in months last Friday. Angels Weiss/AFP via Getty Images Stocks were set to snap a two-day losing streak ignited by hawkish comments from Federal Reserve Chairm...
This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says
Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities look set for another battering, on Monday. “You can’t have the stock market collapse ov...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.
From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
The Fed isn’t pivoting. Why were stock investors the last to know?
After Friday’s brutal session for stocks, it appears equities were the last asset class to accept the notion that the Federal Reserve likely won’t be pivoting to a less aggressive monetary policy stan...
Stock Market Today: Dow Futures Slip as Jackson Hole Speech From Fed’s Powell Looms
Text size Fed Chairman Jerome Powell’s speech scheduled for Friday has hung over markets all week. Drew Angerer/Getty Images Stocks were heading for losses Friday as a major catalyst loomed, wit...
How the Stock Market Performs After Jackson Hole, According to History
Text size The stock market’s traditional September swoon has been less pronounced in recent years. Photo by ANGELA WEISS/AFP via Getty Images The stock market usually performs well just after th...
Financial markets are bracing for what could be a ‘very hawkish’ Jackson Hole speech by Fed’s Powell
Financial markets are bracing for Friday’s widely-anticipated Jackson Hole speech by Federal Reserve Jerome Powell and expecting that he’ll signal the continued need for aggressive interest-rate hikes...
Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...
Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.
A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order...
Dow sheds 643 points and stocks post worst day since June as investors question Fed pivot thesis
U.S. stocks posted their worst daily drop in two months Monday on fears that the recent rally was based on an overly optimistic view that the Federal Reserve would pivot away from sharply higher inter...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’
The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the past month as investors pulled back on expectations of...
Why Did Bitcoin Fall? Is It Because Stocks Slumped Too?
Text size How strong is the link between stocks and Bitcoin? AFP via Getty Images Bitcoin sank Friday and stocks did too. The world’s largest crypto posted losses for the week, as did equities. Could ...
JP Morgan quant who called summer rally says there’s plenty of ammunition to drive stocks higher — and here’s why
JPMorgan Chase & Co.’s Marko Kolanovic wants clients to hang on, because he thinks the rally in stocks is far from over. In a note entitled “Setting the Record Straight and What We Expect Next,” K...
The Bulls Still Own This Market. But Cracks Are Starting to Show.
Text size Riskier and more speculative pockets of the market have led the rally, which has coincided with a decline in bond yields. NYSE If it looks like a bull market and acts like a bull market, it’...
These cannabis stocks could benefit from adult-use cannabis legalization in Germany
While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...