Tag Archives: synd

Elias Stein Text size Jersey and Florida are hot. Austin and Seattle are not. On Tuesday, home builder Lennar ’s co-CEO Richard Beckwitt on an earnings call provided a tour of U.S. housing markets. “So far in June, new orders, traffic, sales incentives, and cancellations have worsened in many of …

Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch/Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, …

Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&P Smallcap 600 with the lowest price/earnings ratios based on projected 2022 earnings, using consensus estimates from …

Text size Courtesy Intel There were no technology stocks in ancient Israel, but if there were, I can tell you this: Hosea would have been bearish on SPACs, cryptocurrencies, and high-multiple cloud stocks. A minor prophet with his own Old Testament book, Hosea was the crotchety sourpuss who once said, …

Text size IBM CEO Arvind Krishna is one of many tech leaders joining Barron’s Investing in Tech virtual summit this Thursday, June 23. Benedict Evans It’s been a difficult year for tech investors, with the Nasdaq Composite down close to 30%, and many household stocks suffering declines of 50% or …

Text size A generation of investors is wedded to the promise that sustainable companies will have a long-term pay off, writes Laurie Hays. Robin Van Lonkhuijsen/ANP/AFP via Getty Images About the author: Laurie Hays is the founder of Laurie Hays & Associates, a communications advisory firm. Will the first crack in environmental, social, …

Text size People walk along Wall Street, near the New York Stock Exchange in New York. Photo by ED JONES/AFP via Getty Images The stock market edged into positive territory, reversing early losses as investors monitor Federal Reserve chairman Jerome Powell’s testimony before Congress.  About an hour after the open, …

Text size Rising mortgage rates are dragging on the housing market. Justin Sullivan/Getty Images Jersey and Florida are hot. Housing in Austin and Seattle is not, according to the co-CEO of the U.S.’s second-largest home builder. Lennar (tickers: LEN, LEN. B) noted a slowdown nationally in housing on its earnings …

Foreign investors selling stocks and bonds are hoarding the U.S. dollar as market volatility picks up. Typically investors repatriate cash into their local currency, but not this time. U.S. capital flow data show the foreign cash pile of dollars is close to records as investors reduce risky assets in portfolios …

International stocks broadly rose in the absence of fresh news about inflation and interest rates, while U.S. markets were closed for the Juneteenth public holiday. Stocks and bonds have been pummeled globally this year. Driving the selloff are the push by the Federal Reserve and other central banks to quell …