Senator Bernie Sanders criticized the recklessness and the greed of Wall Street on MSNBC’s The Ed Show. “I think the truth is that Wall Street regulates the Congress,” Sanders said.
by optionsnewbie94 Tesla was downgraded to underperform by RBC Capital, which said that the electric car maker has finally started to give some straight talk to investors about its future growth, but many are still not listening because they are …
Via The Week Humiliating stunt is latest in a series of headline-grabbing workplace punishments Video footage shows employees at a Chinese beauty company crawling along the street on their hands and knees after failing to meet targets. Pedestrians in Tengzhou, …
by WhenLuggageAttacks Wall Street Journal Article – Link for Subscribers Wall Street Journal Article – Link for Non-subscribers tl;dr – The report, known as the beige book, was based on information collected through Jan. 7. With the usual flow of economic …
via businessinsider: As concerns of a slowdown in global growth swirl, some experts on Wall Street are suggesting investors bulk up on defensive holdings. Goldman Sachs just told clients to “increase portfolio defensiveness,” and Bank of America said investors’ exposure …
by Money Metals The Bureau of Labor Statistics delivered a blowout jobs report on Friday. Headline chasing algorithms and investors responded by snapping up stocks. They also sold some gold and silver futures, driving prices lower on the day. To Wall …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter I have to admit, it was the most volatile holiday period in the stock market and the credit markets that I can remember – and perhaps in history. All kinds of crazy things happened, just when …
by Lance Roberts Over the last few weeks, I have been asked repeatedly to publish my best guess as to where the market will wind up by the end of 2019. Here it is: “I don’t know.” The reality is …
by Michael Snyder Well, that sure didn’t take long. Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized. In fact, a surprise announcement by Apple has just …
via CNBC: Strategists say there’s more trouble ahead for the stock market which is experiencing its worst December since 1931. Stocks plunged on fears of a recession, and the Nasdaq was temporarily in bear market territory, a 20 percent decline …
From the Wall Street Journal: When a trade war broke out between the world’s two largest economies in June, investors barely blinked. After the Federal Reserve raised interest rates — often a reason for investors to sell stocks — the markets …
by Michael Snyder Fear is spreading like wildfire on Wall Street, and on Friday we witnessed yet another wave of panic selling. The Dow Jones Industrial Average fell another 559 points, closing at 24,389. Previously I had warned that once we …
In a rapidly slowing economy, wall street now bets it all on Fed that Powell can save the party — Alastair (@StockBoardAsset) December 7, 2018 https://twitter.com/alexdgn/status/1070974562349785088 bad news seems like it good news again. horrible jobs data put bid in …
by Michael Snyder Stocks aren’t supposed to crash in December. Most of the time we see a nice “Santa Claus rally” to close out the year, and so what happened on Tuesday is definitely extremely unusual. The Dow Jones Industrial …
fake trade news, fed members commenting, wall street going dove, and the hopes of g-20 trade deal have been the reason for basing pic.twitter.com/HFL0RJl9KB — Alastair (@StockBoardAsset) November 28, 2018 Folks, today was a massive intervention day with fake trade …
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the market saying about the economy? And while few see incontrovertible …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In the 14 months from the presidential election through January 2018, the Dow soared 49%. Housing prices soared too. The real economy followed. Consumers went on a spending spree. But now, this phenomenon — the surge …
https://www.youtube.com/watch?v=n6pyVan2SD0 This week’s Stansberry’s Investors Marketcast begins with host John Gillin recapping the market’s “oversold bounce.” John explains why the Dow was the real leader of the week, and how the other major indexes tagged along for the ride. Greg …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Their “Everything Bubble” is being pricked “gradually,” and they don’t like it. Wall Street has been moaning, groaning, and crying out loud about the Fed’s current monetary policies – raising rates and unwinding QE. They fear …
by Michael Snyder It is difficult not to admire the relentless optimism on Wall Street. A divided Congress is going to guarantee two years of gridlock and political turmoil in Washington, but many in the financial community are choosing to interpret …
BY JARED DILLIAN Once in a while, friends or family want to borrow money. How should you handle this? Be careful. Over the years, a hundred people asked me to borrow money from fifty bucks to tens of thousands. I have …
via opensecrets.org: Wall Street doesn’t like to back a loser, and that philosophy applies to elections, too. In 2006, after years of giving a majority of its contributions to incumbents within the GOP-dominated Congress under President George W. Bush, the Securities & Investment industry …
Yoree Koh of the Wall Street Journal has come out to demand that Youtube refund all superchat donations that were sent from The Ralph Retort to St. Jude’s Children Hospital. The Wall Street Journal is literally taking money away form …
by Daisy Luther We’ve been pretty lucky over the last ten years in terms of inflation, which has remained at about 2%. However, if the Wall Street Journal is correct, our luck is about to run out. The price of …
Dow tumbles more than 200 points in wild session, S&P 500 closes in correction territory Stocks closed lower on Monday, giving up sharp gains from earlier in the day in a wild session that saw the Dow Jones Industrial Average …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When will the Fed buckle? In this podcast, I ask: Where are interest rates headed, when will the Fed buckle, and who are the new winners and losers? (10 minutes)
via Market Watch There is more pain in the pain trade ahead. That is according to Michael Wilson, Morgan Stanley’s chief U.S. equity strategist, who said, during an interview on CNBC midday Thursday, that a current market rebound belies a market that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes. In this inaugural edition, I ask: As higher interest …
by Thinker Trump transparency… Harrow schoolboy who makes Wolf of Wall Street look like a pussycat: He threw Gatsby parties with Gwyneth Paltrow and gave a Picasso to DiCaprio… now he faces a £3bn probe into what could be one …
