Category: Stock Market

After Wednesday’s downside inflation surprise rallied stocks and ushered the Nasdaq COMP, +2.89% out of a bear market, some may be wondering if a meltup is around the corner. Futures are pointing to more gains, as investors are also waking up to more good news on falling US gasoline prices (see below). But should investors […]

As the market heads into the new week, the attention is still very much on Friday’s jobs report showing an unexpected 528,000 increase in nonfarm payrolls. “It was quite a surprise to me,” said Dennis Gartman, the retired publisher of the Gartman letter and now the chairman of the University of Akron’s endowment and investment […]

I’m not saying the bear market is over. But if US stocks continue to slide, don’t blame the ISM’s recent decline. The Institute for Supply Management’s manufacturing index — the ISM Index — is otherwise known as the manufacturing purchasing managers index, or PMI. The ISM reflects the results of a monthly survey of purchasing […]

Hopes that the Federal Reserve may be less aggressive in hiking borrowing costs than previously feared have rippled swiftly across markets in the past week. Stocks have rallied as bond yields have dropped. And it has brought the dollar’s rampage to a shuddering halt. The dollar index DXY, +0.11%, which hit a 20-year high above […]

Some cautionary advice for workers worried about an economic downturn. “It will be mostly a white-collar recession. And the blue-collar recession will not be in the same places that we saw in the past.” That was William Lee, chief economist at the Milken Institute, a Santa Barbara, Calif.-based think tank, in an interview with MarketWatch, […]

Eric Francis Why Munger’s Unfazed Charlie Munger’s no stranger to going against the crowd. He’s outperformed the market for the better part of the past century. In 2009, when the rest of the world was frozen in fear, Charlie Munger was buying bank stocks at the bottom tick. A testament to Munger’s uncanny ability to […]

Valerie Loiseleux In the past, video streaming companies hiking subscription fees were a bullish sign. Walt Disney Company (NYSE:DIS) hiking ESPN+ fees at 43% is now probably an indication of the business needing to cover higher sports rights fees in a scenario of every escalating costs. Me investment thesis still isn’t Bullish on the stock […]

You can save time and money with DIY car cleaning hacks using products found in most households. These everyday items can help produce excellent results when you want to rejuvenate your car’s looks and smell. If you’re new to car detailing, don’t have your preferred car care product, or just want to try something new, […]

The good ol ’60/40 portfolio, designed to produce decent returns in all environments, is having one of its worst years ever. Going by the simplest possible construction – 60% in the S&P 500 SPX, + 1.92%, 40% in a 10-year Treasury – the -15.3% performance is the third-worst showing since 1928, with only the Great […]

Are we past the worst financial side effects of Russia’s invasion of Ukraine? Michael Hartnett, chief investment strategist at Bank of America, created a war inflation chart. It’s a simple index of Brent crude oil BRN00, + 1.97%, European natural gas and wheat W00, + 0.25% prices – the three commodities mostly clearly tied to […]