Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much previous tightening has impacted the economy. Investors are thus looking ahead to when the Fed eventually …
Read More »Markets will shift to a ‘hope’ phase next year, but investors will need to time their stock buys carefully, says Goldman Sachs
In a shortened week that will bring both Thanksgiving and the World Cup kickoff, investors have all sorts of excuses to head to the sidelines. Those sticking around will be grinding through the traditional data dump on Wednesday and even an appearance by Fed Chairman Jerome Powell. There’s more caution …
Read More »This is the chart that rattled U.S. financial markets on Thursday
One chart is all it took to move financial markets on Thursday. That chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he sees “the sufficiently restrictive zone” for the central bank’s main policy rate target. Bullard …
Read More »Opinion: The new bull market will be led by stocks in these three industries.
We don’t know yet if the recent rally kicks off a new bull market in stocks. But here’s a safe bet: Once the new bull market is here, entirely different groups will lead. It’ll be out with the old — think FAANGs — and in with the new. To find …
Read More »Even JPMorgan’s bullish strategist Kolanovic says markets are getting ahead of themselves. Here’s what he and a Goldman strategist say to do now.
A not-so-terrible day is setting up as the clock ticks down to Wednesday’s retail sales report. But as some investors cling to hopes that last week’s stock market run can continue, fueled by that softer inflation report, Wall Street remains wary, and fresh warnings from two big banks making up …
Read More »Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.
According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His words may be getting through as stock futures point to a softer start as the last full week before Thanksgiving …
Read More »FTX bankruptcy, Meta layoffs: stock investors may be whistling past graveyard
Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk ahead. The surge in stocks catapulted the S&P 500 index SPX, +0.92% SPY, +0.97% almost …
Read More »You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a lightly regulated firm. FTX and affiliate companies filed for bankruptcy Nov. 11. Sam Bankman-Fried resigned his position as CEO and …
Read More »The most influential CEOs in markets today
They run everything from auto manufacturers to social media companies, big banks, big tech and big oil. They are the corporate chiefs whose actions, work and opinions are reverberating through these financial markets. Meet the 14 CEOs on the MarketWatch 50 list of most influential people in markets. Mary Barra …
Read More »Debt-ceiling showdown could shake up markets after midterm-election results, analysts say
The results won’t be clear until Tuesday night or possibly for days, but the U.S. midterm-election outcome is poised to be a significant event for financial markets. With Republicans favored to win control of both chambers of Congress, based on ABC News’ FiveThirtyEight online election-forecast site, one of the biggest …
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