Myles Udland
Jun. 3, 2015, 7:06 AM
1,160
Wikimedia CommonsIt’s about to be a lose-lose situation for stock market investors. In a note to clients on Tuesday, Bank of America’s Michael Hartnett wrote that with the Fed set to raise rates and the US economy underperforming, we could be be facing a tough period for investors this year. Hartnett writes:We have been urging caution. No […]
Indexes posted moderate gains Monday as a mixed morning led to afternoon buying; that is the pattern one wants to see. The S&P 500 gained 0.30% and the NASDAQ 0.60% as news flow was very light. For the year the S&P 500 is 3.4% higher and the NASDAQ is up 7.2% – but it has not been easy sledding in […]
Welcome to the Daily Reckoning’s “Remember When” series. Each day we turn back the clock and take a look at our musings from five and ten years ago to the day.Not only will you be shocked at just how quickly time passes (yes, 2005 was a decade ago), but you can see what we predicted correctly, what we missed the […]
