Investors, like children on Christmas Eve, expect Santa Claus to come down the chimney, walk to Wall Street and deliver the rewarding gift of a stock market rally. This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock market gains to emerge this holiday season, …
Why stock investors shouldn’t count on a “Santa Claus” rally this year Read More »
US households lost an estimated $6.8 trillion in wealth in the first three quarters of 2022 as the SPX stock market, -0.73% DJIA, -0.90% COMP, -0.70% has lost more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts. Nominal net worth fell 4.6% to $143.3 trillion, as the …
Opinion: Household wealth plummets by $13.5 trillion, second-worst drop on record Read More »
Across markets, familiar trading patterns for stocks, bonds and commodities that have held for months are starting to unravel as financial markets grapple with expectations that the US economy will sink. into a recession next year, market analysts told MarketWatch. The S&P 500 SPX index, +0.75% had its longest losing streak in nearly two months …
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
Monday’s sharp selloff could be the start of the next decline in equities as a sense of complacency has taken hold in markets after a bumper October and November, several strategists told MarketWatch. In a note to clients on Monday, Jonathan Krinsky, chief technical strategist at BTIG, said US stocks were poised to fall after …
Why Monday’s stock market rout should be a wake-up call for investors Read More »
Uncertainty continues for investors following a recent mixed batch of data – weaker than expected inflation, stronger than expected jobs and wages – as we enter the third week before Christmas. And we’re ending a year that just hasn’t been great for most investors. Feels a bit of your pain, Hussman Investment Trust chairman and …
This long-time bear warns of a “trap door” situation looming for the stock market. Read More »
The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, +0.06% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …
The S&P 500 is about to cross a level that could spell the end of the bear market Read More »
Investors rejoiced over China’s latest COVID policy this week after massive lockdown protests erupted across the country, rocking global financial markets, but economists believe markets have placed “too much great likelihood” that the restrictions will soon be eased. China’s National Health Commission said on Tuesday it would step up COVID vaccinations for the elderly and …
Anyone watching the market knows that stocks have been hammered since the Federal Reserve started in March, which turned into an aggressive series of interest rate hikes, but Deutsche Bank strategists say they might be surprised to learn that these rate hikes are probably not the culprit. The S&P 500 SPX, -0.16% has experienced a …
The period between now and the end of the year marks a historically bullish home stretch of the year for US equities, especially just before and after Christmas. The question for investors is whether favorable seasonal factors will be offset by economic fundamentals. The momentum for a year-end run in equities only seems to be …
End of year gathering? Stock market uptrend set to come up against stagflation fears Read More »
