The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, say they feel optimistic enough to put more money in the market this year, according to a Bankrate survey … Read more
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade by J.P. Morgan analysts. In a research note on Monday, analysts led by Alex Yao turned positive on a slew of internet stocks just … Read more
ZACHARY, La. (AP) — You can’t quite see it yet from Plank Road or La. 19 near Zachary, but work crews are building a man-made river from scratch. Down inside a huge, wide “V” carved out of the earth, concrete pillars for a bridge have been poured and smoothed out by workers. Nearby, long-reach excavators … Read more
U.S. stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive. Wall Street often uses the ratio of a company’s share price to its earnings as a measuring stick for whether a stock appears cheap or pricey. By that metric, the market as … Read more
In the wake of the Federal Reserve policy meeting this week, stock markets have tumbled, raising howls of criticism that U.S. central bank policy will fail to bring down inflation. Read: ‘Unhinged’ markets followed ‘unforced error’ by Fed’s Powell, says David Tepper Two top Federal Reserve officials on Friday disagreed with this criticism. In remarks … Read more
Breadcrumb Trail Links FP Investor Martin Pelletier: Humility is the ultimate form of risk management Bill Ackman’s Netflix investment fail is a great example of realizing that we all make mistakes, but we can correct them and move on. Photo by REUTERS/Dado Ruvic/Illustration Article content One of my favourite quotes is by Anthony De Mello: … Read more
People have been concerned about the possibility that the economy could soon go into recession. Indeed, “recession” has been a trending topic, according to Google Search data, peaking during the week ending April 16. On Monday, I wrote a piece for TKer’s paid subscribers explaining how the economy’s massive tailwinds were more than enough to … Read more
Are the bears just getting started? That’s a question posed by strategists at Bank of America, who noted Friday that investors pulled $17.5 billion out of global equities over the past week, making for the biggest weekly outflow so far this year. They cautioned that those outflows could well deepen. Since Nov. 2021, Nasdaq peak … Read more