regwall-pro
Markets just had the most volatile week since the pandemic outbreak — What we learned
A wild week of trading on Wall Street ended with the S & P 500 back roughly where it started, but the lessons learned by whipsawed investors over those five days could determine what happens next. The S & P 500 had its worst day since 2022 on Monday, and then its best since 2022 […]
Read More
JPMorgan raises 2024 recession odds to 35%
JPMorgan upped the likelihood it sees for the U.S. economy entering a recession this year, the latest sign of concern around the country’s financial health following the market turbulence this week. The bank raised its probability for a U.S. or global recession to 35% by year end, chief global economist Bruce Kasman told clients in […]
Read More
Warren Buffett now owns more T-bills than the Federal Reserve
Berkshire Hathaway now owns more in Treasury bills than the U.S. Federal Reserve as Warren Buffett builds up his cash fortress to a record level. The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter, while it owned more than $42 billion of cash and cash equivalents […]
Read More
Investors are punishing stocks that miss earnings more than normal this season
Companies with disappointing quarterly results are getting punished more than usual this earnings season. Second-quarter earnings misses have resulted in an average 3.8% decline for a stock from two days before the quarterly release through the two days after the report comes out, according to FactSet. That’s compared to the five-year average price decrease of […]
Read More
Going for gold — Three ‘Big Short’ traders say the precious metal is a major long
“The Big Short” traders Danny Moses, Vincent Daniel and Porter Collins are focused on one of their top long bets: gold. “I just don’t think Americans have enough gold in their portfolio,” Collins said on CNBC’s ” Fast Money ” in an exclusive interview this week . The three investors are known for their successful […]
Read More
Frank Cappelleri on using charts to successfully navigate the markets
For Frank Cappelleri, technical analysis — reading charts to identify patterns in stocks and other assets — is not an art or a science. “It’s both.” That’s because, “I can look at an indicator and use a different way that someone else does,” Cappelleri, the founder and president of CappThesis, told CNBC’s Senior Markets Correspondent […]
Read More
How Biden’s unpopular economic record could be a challenge for Kamala Harris
As the frontrunner for the Democratic party’s nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden’s economic record. That could be problematic for the vice president, who is being regarded as the near-certain replacement for Biden on the party ticket. While Biden-Harris can lay claim to a number of […]
Read More
A pause to the ‘Trump trade’: The stock market impact if Joe Biden drops out of election
A potential decision by President Joe Biden to drop out of the presidential race could tap the breaks on a shift toward trades that are seen as plays on a Donald Trump victory. NBC News reported on Friday that Biden family members have talked about what a potential exit might look like, citing two people […]
Read More
Ray Dalio makes the case for gold as the precious metal hits new record high
Ray Dalio believes gold deserves a significant portion of one’s portfolio, saying the precious metal is still appealing even at record highs. “Gold is an effective diversifier, meaning that if you take the classic mix of assets, and you have a particular problem, an optimal portfolio would have something more than about 10% in it,” […]
Read More
Investors guess a Fed amount slice to spur rotation from crowded shares to neglected as bull industry continues
In the present-day fiscal cycle, you will find a bull current market in superlatives. The pileup of “very first time at any time” and “unprecedented extremes” in excess of the previous pair of a long time amounts to a situation that this bull is leaving actually special hoofprints. Final Thursday, 87% of S & P […]
Read More