Could the end of the bear market finally be near?
Investors cheered the passage of a debt ceiling bill on Friday that averts a U.S. default, but the biggest driving factor was May's jobs report, which showed U.S. employers added a seasonally adjusted 339,000 jobs, far more than expected. The data also showed a...
An economic car crash
Stocks rallied Friday on rising optimism that lawmakers will reach a deal to raise the U.S. debt ceiling, led by the tech-heavy Nasdaq, which closed at its highest level since August. The entire week came down to results from two semiconductor companies - NVidia and...
The ticking bomb of a potential default
Renewed concerns over regional banks have been pushing regulators into uncomfortable areas, like facilitating and allowing the largest U.S. banks to get even bigger. Secretary Janet Yellen said, earlier this week, that more mergers might be needed. Programs being...
Its that time of the year to listen to the sage – Warren Buffett
When Warren Buffett speaks at Berkshire Hathaway’s annual shareholder meeting, everyone should listen. The comments at this year's meeting that ended over last weekend were anything but positive for investors. "In the general economy, the feedback we get is that...
The Market is So Wrong
Investors cheered Apple's latest earnings report and welcomed a strong jobs report, which suggested the U.S. economy remained robust despite banking uncertainty and rising interest rates. Friday's gains were not enough to wipe out weekly losses for the S&P 500 and...
A Disturbing Trend
Major stock indexes posted solid gains on Friday to end the week and the month on higher ground, in part as earnings reports from several big tech companies including Alphabet, Microsoft and Meta Platforms were received positively by investors. However, Amazon fell 4%...
The Consumer is the Next to Crack
The dents in global economic growth are growing more visible and fallout from financial-market tension is lingering—potentially indicating that while the US is making some progress in its inflation fight, the Federal Reserve is still expected to hike rates again next...
The Bear Market is Only Hiding
A key measure of U.S. inflation published earlier this week showed signs of moderating in March, with the Consumer Price Index (CPI) climbing 5% compared to last year, slowing from an annual pace of 6% seen in February. However, core CPI, which excludes volatile food...
Shocks trigger a recession
Stocks closed out March with all three major market indexes higher than they were at the end of February, as the turmoil caused by the collapse of Silicon Valley Bank was contained, at least for now. The banking turbulence may well weigh on lending conditions in the...