Benchmarks finished Wednesday’s choppy trading session little changed as investors weighed a series of new developments. Global regulators fines on major banks, drop in oil prices, and the U.S and China’s effort to curb carbon emissions had a negative impact on financial, energy and utility sectors, respectively. On the other hand, upbeat earnings from retailers helped the consumer discretionary sector […]
US Stock MarketDavid R. KotokCumberland AdvisorsFor a while we said the US was the “least worst” investment alternative in the world. And that used to be hotly disputed. The present global outlook may require the most strenuous doubters to reconsider.Sure, we have a lot of work to do. And the fiscal, energy, tax, geopolitical, and social policies of our country are […]
WASHINGTON — Without QE, will the stock market tank? Count me a skeptic.QE refers to “quantitative easing,” the Federal Reserve’s multitrillion-dollar program of bond buying that is now ending. I recently devoted a column to whether QE worked as intended. The short answer is that we don’t know. The idea was that by buying bonds the Fed would inject money […]
The head of the British electronic spy agency GCHQ, Robert Hannigan, created a minor flap last week in an article he wrote for the Financial Times. In effect, Hannigan argued that more robust encryption procedures by private Internet companies were unwittingly aiding terrorists such as the Islamic State (IS) or al Qaeda, by making it harder for organizations like the […]
Benchmarks were little changed on Tuesday as investors hardly found any reason to place big bets. The day was devoid of any major news that could move the markets significantly on either side. Trading volumes were light and the bond market was closed due to the U.S. Veterans Day holiday. However, the S&P 500 and the Dow posted modest gains […]
Think about this for a moment. The stock market is comprised of thousands of companies doing business in the economy. Therefore, it only makes sense that the value of the stock market should be a reflection of the economy. As the economy ebbs and flows, so should the values of the companies that are operating within it. This idea can […]
In China, children have their hair cut on the second day of the second lunar month of the year, all for good luck. Superstition and the search for luck are part of human nature, as any investor soon finds out. Photograph: Zhang Duan/REX/Zhang Duan/REX
Every so often there’s an investor who has staying power– people like Warren Buffett or Peter Lynch […]
Bank of America Merrill LynchSee AlsoEurope’s Contribution To Global Profits Has Gone Off A CliffUBS On Stocks: ‘Roll Tide, Roll…’BofA: When The Stock Market Peaks, Gold Will Be The ‘Tell’Is the Federal Reserve’s quantitative easing stimulus program responsible for stock market gains?There are two schools of thought on this: Yes, and No.The Yes camp maintains that the easy money being […]
Guest Post from Peak ProsperityIn an exclusive interview of John Hussman by Peak Prosperity’s Chris Martenson, Hussman says Stock Market Is Overvalued By 100%.Chris Martenson: John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular weekly market commentary is widely regarded as one […]
Benchmarks were little changed on Friday after reports that the U.S. nonfarm payroll employment increased at a slower pace than expected, while unemployment rate declined to a six-year low. The S&P 500 and the Dow posted marginal gains, which were enough to help them settle at record highs for the third consecutive session. On the other hand, the Nasdaq failed […]
