Corey Stern
Jun. 4, 2015, 5:35 PM
8,497
Screengrab via YouTubeAnother Wall Street analyst is making comparisons to the Titanic.This time it’s editor and publisher of the Gloom, Boom & Doom Report, Marc Faber.Faber warned that investors should stop bickering over which assets are the best, and start preparing their own escape plan. That is, if they don’t want the same fate as […]
Nick DeWolfGlobal bonds recovered from a sharp selloff overnight but US stocks continued sliding and saw their worst day this week. The selloff in stocks came ahead of Friday morning’s big May jobs report in the US – the last one before the Federal Reserve’s June policy meeting. First, the scoreboard:Dow: 17,905.58, -170.69, (-0.94%)
S&P 500: 2,095.84, -18.23, (-0.86%)
Nasdaq: 5,059.12, -40.11, (-0.79%)
And now, the top […]
Benchmarks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. While private sector hiring picked up in May, trade deficit narrowed last month. European Central Bank’s commitment toward its bond buying program also lifted investor sentiment.For a look at the issues currently facing the markets, make sure […]
If the Greek stock market, bond market and GDP disappeared
Posted June 4, 2015 by Joshua M Brown
But there are important distinctions to be drawn between the current impasse and previous ones. If Greek equities, Greek bonds and Greek GDP disappeared, it would certainly be a tragedy, but not of epic and globally destructive proportions.And it is more likely that Greece […]
Benchmarks ended slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece’s debt crisis boosted the single currency.For […]
Myles Udland
Jun. 1, 2015, 7:00 PM
469
jmcangel / flickrWhen you’re reading a book on the beach this summer, don’t forget to keep an eye on these 10 big market themes.Summer is almost here, and for investors June marks the final month of the second quarter: we are almost halfway done with 2015. Right now the big questions surrounding markets are how the […]
Myles Udland
Jun. 1, 2015, 7:00 PM
1,742
jmcangel / flickrWhen you’re reading a book on the beach this summer, don’t forget to keep an eye on these 10 big market themes.Summer is almost here, and for investors June marks the final month of the second quarter: we are almost halfway done with 2015. Right now the big questions surrounding markets are how the […]
Benchmarks ended in the red on Monday as investors were concerned about Greece’s debt crisis, while China’s rate cut to lift its economy did little to boost sentiment. Meanwhile, energy shares took a beating due to drop in oil prices. Yesterday’s total composite trading volume turned out to be the fifth lowest for this year.For a look at the issues […]
Benchmarks ended in the red on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. U.S. trade deficit touched its highest level in almost six and a half years, adding to the bearish sentiment. Meanwhile, investors remained concerned over fresh troubles in Greece and kept an eye on upcoming nonfarm payrolls data to gauge the timing of a […]
Netty Idayu Ismail of Bloomberg reports, Hedge Fund That Made 18% on Dollar Strength Now Bets on Drop:
Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline.Chan said he trimmed his fund’s long dollar position versus the yen […]
