commodity

Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’

Federal Reserve Governor Christopher Waller said on Sunday that financial markets appeared to have overreacted to weaker-than-expected October consumer price inflation data last week. “It was just a data point,” Waller said during a conversation in Sydney, Australia, sponsored by UBS. “The market seems to have gotten a head start on this one CPI report. …

Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’ Read More »

FTX bankruptcy is ‘somebody running a company that’s just dumb-as-f___ing greedy,’ says Mark Cuban

Billionaire Dallas Maverick owner Mark Cuban recently offered his take on the implosion of crypto platform FTX over the weekend. ““He’s someone who runs a business who’s just stupid as fuckin’ greedy.”” — Marc Cuban Cuban, speaking Friday at a conference in Washington, DC organized by Sports Business Journalshared the view that greed was behind …

FTX bankruptcy is ‘somebody running a company that’s just dumb-as-f___ing greedy,’ says Mark Cuban Read More »

‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next

Slower, but higher rates and no pivot this side of Christmas. It was the message from Fed Chairman Jerome Powell after the central bank’s fourth straight hike. Bruised investors look set to continue selling stocks on Thursday as yields rise. Not everyone agrees with Powell. “The Fed is making a huge policy mistake, and they …

‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next Read More »

Dow tumbles 600 points as stock market wipes out Wednesday bounce

U.S. stocks extended losses in afternoon trade on Thursday after a batch of economic data bolstered expectations that the Federal Reserve will continue to aggressively raise interest rates in its bid to rein in the tide. ‘inflation. How Stocks Trade The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The …

Dow tumbles 600 points as stock market wipes out Wednesday bounce Read More »

Why stock-market bears are eying June lows after S&P 500 falls back below 3,900

Goodbye, summer bounce. The S&P 500 ended Friday below a crucial chart support level that has served as a battleground for the past few years, leading technical analysts to warn of a potential test of the stock market’s June lows. “Over the past three years, the level on the [S&P 500] with the largest volume …

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Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to quell still-burning inflation – but investors should be prepared for more pain and volatility as policymakers politicians won’t be intimidated by a sell-off, investors and strategists said. “I don’t think they’re necessarily trying to drive …

Can the Fed tame inflation without further crushing the stock market? What’s next for investors. Read More »

Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is showing a fresh batch of data on Thursday, with the overall retail sales figure coming in higher than expected. And a disastrous rail strike can be reversed. But there is little to cheer billionaire investor and hedge fund manager Ray Dalio who, in our …

Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit Read More »

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA down 1,276 points (or 3.9%) to 31,104, with all 30 components posting …

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout Read More »

Why ‘quantitative tightening’ is the wild card that could sink the stock market

Quantitative monetary easing is credited with boosting stock returns and boosting other speculative asset values ​​by flooding markets with liquidity as the Federal Reserve clawed back billions of dollars worth of bonds during the crisis financial crisis of 2008 and the coronavirus pandemic of 2020 in particular. Investors and policymakers may be underestimating what happens …

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Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, MicrosoftMSFT, +2.30%, TeslaTSLA, +3.60%, AppleAAPL, +1.88%, Ford Motor Company F, -0.32% and Disney DIS, +2.54%. …

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks. Read More »