With apologies to the Bard, SPACs are now in disgrace with fortune and men’s eyes, along with other excesses, such as meme stocks and nonfungible tokens. But some special purpose acquisition companies...
Tag: Securities
The U.S. economy won’t collapse under Fed’s ‘weight’ based on the performance of these sectors despite inflation and oil risks
Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at t...
T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.
Money manager T. Rowe Price Group has fallen way out of favor on Wall Street. There are 15 analysts covering the stock, according to FactSet. None say to buy. More say to sell than hold. That’s approa...
FTX fiasco one of the most egregious cases of ‘gross negligence,’ says Ackman
Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over ...
Caterpillar, Deere, and More Industrial Stocks Ready to Break Out
Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights. The Industrial Select Sector SPDR ETF (ticker: XLI ), home to Caterpillar (CAT...
Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says
FTX founder Sam Bankman-Fried said he made no effort to manage risk at the digital-asset exchange that filed for bankruptcy in November, part of a blitz of public statements about major oversight fail...
Here’s why the smart money is betting on value stocks to outperform growth
You should be skeptical of the growth story that periodically captures stock investors’ attention. That’s because the companies that Wall Street believes will grow the fastest in the future rarely liv...
U.S.-traded Chinese stocks clinch best week since at least March as reopening hopes help spark rebound
Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with one popular exchange-traded fund clinching its biggest weekly advance since 2011, as shared recovered f...
Opinion: 4 numbers retirement savers need to know heading into 2023
The past couple of years have been challenging for almost everyone invested in stocks or bonds, including anyone saving for retirement through employer-sponsored plans. With markets down across the bo...
BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023
Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential surge in the unemployment rate next year. “Bears (like us) worry unemployment in 2023 will...
Opinion: There’s a strong possibility that the bear market in stocks is over as investors have given up hope
A contrarian case can be made that the stock market rally since the October lows is the beginning of a new bull market. That’s because the criteria for “capitulation” that I laid out in previous colum...
Australian Securities Exchange (ASX) Lays Off 200 Contractors
11 seconds ago | 2 mins read Blockchain News Approximately $3.19 billion in daily trading activity is processed by the ASX CHESS. Accenture conducted an independent audit of the project and found a pl...
‘It has been a nearly continuous plunge.’ My accounts are down 13% this year, but my financial adviser hasn’t made a single adjustment — and is still taking his 1%. Do I even need him anymore?
Getty Images/iStockphoto Question: I have heard it a thousand times: “People make more money with a financial advisor, don’t lock in your losses, stay invested,” etc. So I started with a financial adv...
Where BlackRock sees ‘tremendous’ market opportunities for ETF investors in 2023 after damage to stocks, bonds
Hello! In this week’s ETF Wrap, BlackRock’s Gargi Chaudhuri, head of iShares investment strategy for the Americas, discusses ways for investors to play a world of higher rates and elevated inflation i...
Max Keiser Claims All Crypto But Bitcoin Are Securities, Here’s Why
Yuri Molchan Prominent Bitcoiner again attacks altcoins, praising El Salvador’s president for adopting Bitcoin as legal tender In his recent tweet, Max Keiser, podcaster and former trader, has q...
All crypto tokens are securities except bitcoin: CFTC Chief
The Commodity Futures Trading Commission CFTC is facing criticism for close ties with FTX and Sam Bankman-Fried. In addition, the CFTC Chairman, Rostin Behnam, recently stated that only Bitcoin is a c...
Blackstone Limited Withdrawals From Its Huge Retail REIT, Stock Slumps
Blackstone is limiting withdrawals from its huge retail real estate investment trust after a sharp rise in redemption requests from investors. In a letter posted on the Blackstone Real Estate Income T...
BlackRock CEO Larry Fink Backs Tokenization of Securities
5 hours ago | 2 mins read Blockchain News Fink spoke during an appearance at a New York Times DealBook event. The CEO also discussed the potential of blockchain technology. Tokenization of assets is “...
Bitcoin, Ether Not Securities Because They Have No Issuer: Belgium Regulator ⋆ ZyCrypto
Advertisement     The regulator of the European country said cryptocurrencies issued by computer codes are not considered securities. Brussels is neutral to blockchain...
What a Securities Lawyer Would Ask FTX’s Bankman-Fried
As a securities litigator for over 30 years, I have cross-examined a host of conmen and fraudsters. Most of my cases have been concentrated in the financial services field where I represented Wall Str...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Hardship withdrawals from 401(k)s reach ‘concerning’ all-time high, Vanguard says
Amid stubbornly high inflation, a record-breaking share of Americans are turning their 401(k) accounts into emergency piggy banks, according to Vanguard. Dissecting data from a sample of the approxima...
The Dow ‘exits’ bear-market territory. Here’s why investors should take it with a grain of salt
After outperforming both the S&P 500 and Nasdaq Composite in November, the Dow Jones Industrial Average has exited bear-market territory, based on oft-cited criteria, on the final trading day of t...
Sam Bankman-Fried’s FTX roadshow goes on: 10 crazy things he’s just said
Sam Bankman-Fried sure isn’t going quietly into the night. With his crypto empire in ruins, numerous federal probes and years of litigation hanging over his head, the FTX founder has counter-intuitive...
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit a bear market, after Federal Reserve Chairman Powell said the central...
These money and investing tips can help you know when the bull market has come back to stay
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS There’s a strong possibility t...