Fed Chair Jerome Powell gives news conference as traders work at NYSE (Photo by Spencer Platt) Getty Images The Federal Reserve’s current interest-rate-raising policy focuses on conquering too-h...
Tag: Wall
Uniswap (UNI) and Aave (AAVE) Prices Hitting the Wall As Flasko (FLSK) Just About to Take Off
Cryptocurrency investors began liquidating their holdings once the dominos in the industry began to fall. Even the top 50 mainstays, Aave (AAVE) and Uniswap (UNI), weren’t unscathed from the FTX colla...
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among the “game-changing innovations” that the equity markets largely ignored in 2022. In a Jan. 12 blog post on the ...
Markets Rise On Epic Foreign Inflow As Internet Stocks Climb The Wall Of Worry, Week In Review
China Last Night KraneShares Week in Review China’s December CPI was released at +1.8% versus November’s +1.6%, meeting expectations of 1.8%. On Wednesday, The World Bank cut its 2023 global GDP growt...
Wall Street’s Lucrative Leveraged-Debt Machine Is Breaking Down
(Bloomberg) — One of the most lucrative money-making machines in the world of finance is all clogged up, threatening a year of pain for Wall Street banks and private-equity barons as a decade-lo...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
Bank of America Posts Earnings Friday. What Wall Street Expects.
Higher interest rates are expected to drive up Bank of America ‘s fourth-quarter revenue, even as the bank is projected to see a drop in profits. Bank of America (ticker: BAC) is forecast to post reve...
Cathie Wood sees ‘wall of worry’ ignoring blockchain tech, digital wallets and ChatGPT
Ark Invest founder and CEO Cathie Wood said equity markets plagued by a “wall of worry” have “largely ignored” game-changing innovation last year that included blockchain techn...
Wall Street split between ‘favorable,’ ‘underwhelming’
Price pressures abated last month to close out a year of historic inflation and the most aggressive monetary policy action in decades. December’s Consumer Price Index (CPI) showed prices rose at...
Wall Street’s top strategist Mike Wilson warns investors to brace themselves for stocks to plummet more than 20%
Stocks could be about to tumble more than 20%, according to one of the most successful strategists on Wall Street—but he warned on Tuesday that investors aren’t prepared for how bad things could get. ...
Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes
(Bloomberg) — Wall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&P 500. Most Read from Bloomberg The hope is th...
Wall Street’s sleuth of bears is growing
This story was originally published on TKer.co Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week. The index is now up 8.9% from its October 12 closing low...
Bond Rally Gives Early Win to Wall Street’s 2023 Yield-Curve Bet
(Bloomberg) — Bond-market bulls are getting an early taste of what they expect to be a winning trade of 2023. Most Read from Bloomberg On Friday, shorter-dated Treasuries led a broad market rall...
Optimism Makes Comeback on Wall Street With Soft Landing Eyed
(Bloomberg) — There wasn’t much sunshine in the stack of Wall Street forecasts that predicted 2023 would bring a global economic contraction and rough going for risk assets. But as January tradi...
The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things
Most people don’t think about the Federal Reserve very often, and only a select few contemplate the effects that the U.S. central bank has on investors. But over the past few years, that’s begun to ch...
Wall Street reacts to a Goldilocks jobs report
The U.S. economy added 223,000 jobs in December, more than economists expected, while the unemployment rate fell to 3.5%. Job growth has slowed in recent months against a backdrop of higher interest r...
Wall Street’s Top Bear Sees Another Big Down Year for S&P 500
(Bloomberg) — Equity investors hoping for a reprieve in the new year after a brutal 2022 are likely to be disappointed, according to Michael Kantrowitz at Piper Sandler & Co. Most Read from ...
Why Wall Street’s Analysts Think Now Is the Time to Buy Bitcoin
Alex Dovbnya Will Bitcoin bounce back? Analysts at Bernstein have joined the chorus of crypto bulls Despite the bearish forecasts of market technicals, Bernstein analysts remain optimistic that Bitcoi...
Wall Street reacts to Q4 delivery miss
Tesla stock is starting 2023 on the wrong foot after the automaker reported a delivery miss for the fourth quarter. Tesla delivered 405,278 vehicles globally for the quarter, missing analyst expectati...
Wilma Soss. The Feminist And Wall Street Activist You Never Heard Of
Fearless: Wilma Soss and America’s Forgotten Investor Movement All Seasons Press Women making a major difference on Wall Street is now the norm. But decades before Cathy Wood made a splash then ...
Wall Street’s Top Stars Got Blindsided by 2022 Market Collapse
(Bloomberg) — Marko Kolanovic and John Stoltzfus, two of the loudest stock bulls on all of Wall Street, were convinced of one thing at the outset of 2022: The Federal Reserve would go slow, very...
Wall Street’s 2022 stock market forecasts were way off. Here’s what they see in 2023.
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 28, 2022 Today’s newslet...
BTC price dips 1% on Wall Street open as Bitcoin miners worry analysts
Bitcoin (BTC) saw a fresh hint of volatility at the Dec. 27 Wall Street open as United States equities began the final trading week of the year. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Wall Street’s Big Banks Score $1 Trillion of Profit in a Decade
(Bloomberg) — Malick Diop felt something shifting on Wall Street. Most Read from Bloomberg He’d joined Morgan Stanley in the grim days of 2009, when big banks were trying to pay back taxpayer ba...
Caterpillar stock rises to 4th straight record after BofA analyst becomes top bull on Wall Street
Shares of Caterpillar Inc. rallied Friday to a fourth straight record close, after BofA Securities analyst Michael Feniger turned bullish on the belief that the construction- and mining-equipment make...