@MarkBartonTVChina’s stock market got wrecked on Friday with the Shanghai Composite index crashing by 7.4%.The red-hot market is now down 19% from its high, which it set on June 12.Some folks may see this as a buying opportunity, but not the analysts at Morgan Stanley.”[T]his is probably not a dip to buy,” Morgan Stanley’s Jonathan Garner said. “In fact, we […]
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It’s been more than four years now since the giddily titled book Go Canada: The Coming Boom in the Toronto Stock Market and How to Profit From It hit store shelves, advising its hopeful readers that within a decade the Toronto Stock Exchange would more than double in value to 30,000 points. Spoiler alert: not gonna happen. Since the release […]
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Barack Obama is having a pretty good day. On Thursday, the Supreme Court voted in favor to uphold the Affordable Care Act, aka Obamacare.You could argue that he’s having a pretty good presidency overall. On comedian Marc Maron’s podcast on Monday, he listed a bunch of things he accomplished while in office, including “restore people’s 401ks.”A big part of […]
Jay Yarow
Jun. 25, 2015, 1:45 PM
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REUTERS/Jim YoungObama in 2009.President Barack Obama says he saved the American economy … and its stock market.Obama did a victory lap on comedian Marc Maron’s podcast, WTF, earlier this week, and he said people’s lives are better today than they were four years ago, which is ultimately the goal of any presidency. “I can answer unequivocally, ‘Are […]
History shows rather clearly that the stock market is prone to extreme events, aka crashes. The challenge is deciding when the risk for a repeat performance is unusually high. The literature offers endless possibilities, which is a reminder that the market can crumble for any number of reasons. The leading factor, of course, is the business cycle. But internal market […]
Greece and Stock Market Divergences…….Transports Ugly….Stock-Markets / Stock Markets 2015Jun 25, 2015 – 11:32 AM GMTBy: Jack_SteimanThe market was gapping down just a drop heading in to the trading day. Nothing to get upset about but, then came the news many didn’t want to hear. Talks regarding Greece breaking down, which is not unexpected. The futures fell further still and […]
Bob Bryan
Jun. 24, 2015, 3:49 PM
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In the years since the financial crisis, stocks have rebounded strongly returning over 200% value to investors. Despite this strong news, millennials are skeptical of diving in.According to a survey done by Goldman Sachs, almost 40% of young people do not want to invest in the stock market at all. Another 45% say they are skeptical […]
Myles Udland
Jun. 24, 2015, 11:47 AM
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Wikimedia CommonsCarl Icahn is worried about the market. In consecutive tweets on Tuesday, Icahn said, he thinks the market is “extremely overheated,” particular high-yield bonds, and added that, “If more respected investors had warned about the market in ’07, we might have avoided the crisis in ’08.”This is not, however, the first time Icahn has sent […]
NEW YORK (AP) — Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market.The world’s biggest online social network knocked the world’s largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday and the gap widened on Tuesday.While the switch is […]
