Opinion: Investments in a rut? Maybe it’s the Wall Street industrial complex.
The Wall Street establishment doesn’t want you to read this article, and I’ll tell you why.If you’re an investor and not getting all the returns you deserve, there are lots of possible reasons. Perhaps the biggest one is that Wall Street likes it that way. Giant firms like Goldman Sachs, BlackRock, Morgan Stanley and JPMorgan […]
Fed rate cuts always lead to stock-market gains — but this one thing must happen too, veteran Wall Street strategist says
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX has gained 5% this year, and the tech-heavy Nasdaq Composite COMP is up 8%, even with a seemingly daily stream of job-cut announcements. Stay tuned Thursday to […]
Dow falls 400 points after corporate earnings disappoint
U.S. stocks traded lower Wednesday, led by the Nasdaq Composite, after disappointing corporate earnings results added to fears of a possible recession.How are stocks trading On Tuesday, the Dow Jones Industrial Average rose 104 points, or 0.31%, to 33733, the S&P 500 declined 3 points, or 0.07%, to 4016.95, and the Nasdaq Composite dropped 30 […]
GE has seen only 1 thing that warns of falling demand in 2023
That’s General Electric Co. Chief Executive Larry Culp, who said Tuesday he was only seeing one demand indicator that suggests the U.S. economy was slowing. But that indicator was enough for the company to provide a 2023 earnings estimate below Wall Street expectations. The aerospace, power and renewable energy company reported before Tuesday’s opening bell […]
S&P 500’s softening earnings backdrop is a challenge for stocks in ‘very near term,’ says RBC
The S&P 500 earnings backdrop is softening, posing a challenge for stocks in the “very near term” even as companies so far are largely beating expectations for the fourth quarter, according to RBC Capital Markets. “With 10% of S&P 500 results in as of Friday,” the pace of companies exceeding consensus forecasts for earnings has […]
Don’t let the ‘bear market house of mirrors’ fool you, Morgan Stanley’s Mike Wilson warns of the stock market
Stock futures are treading water ahead of an important week for earnings, with the spotlight on updates from the tech space, which has been laying off thousands of workers.Among those not expecting good news in the earnings pipeline is Morgan Stanley’s chief U.S. equity strategist Mike Wilson, who in our call of the day says […]
These money and investing tips can help you spot a bear in bull’s clothing
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 & TRENDSDeferred annuities are better deals than immediate annuities A better way of securing a guaranteed lifetime income. Read More Any way you slice it, the bears control the stock market […]
Bad omen? Americans ate out less over the holiday season.
What’s one of the first things people do when they get worried about the economy? They cook more at home and eat out less. That’s what happened toward the end of 2022. Sales at bars and restaurants fell in both November and December — the first back-to-back monthly declines in almost a year. Receipts at […]
Fed’s Bullard doesn’t want to ‘stall’ on getting interest rates over 5%
The Federal Reserve should not “stall” on raising its benchmark rates until they are above 5%, said St. Louis Fed President James Bullard, on Wednesday. “I like the front-loading story,” Bullard said in an interview with the Wall Street Journal that was streamed live . The Fed should move as rapidly as it can to […]
The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say
Stocks are setting up for a third straight losing session after data sparked fears that the economy is losing steam, while the Fed pushes on with interest rate hikes. Or as CNBC commentator Ron Insana put it:On that front, our call of the day from Jefferies tackles that idea. “Disinflation is a key assumption for […]