(Bloomberg) — Stocks are poised to start the week under pressure after a robust US jobs report left the door open for the Federal Reserve to maintain an assertive stance on inflation. Futures fell in Japan and Australia. The S&P 500 retreated for an eighth week in nine. Chinese shares traded in the US declined, […]
Read More(Bloomberg) — Jamie Dimon warned investors to prepare for an economic “hurricane” as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia’s invasion of Ukraine. “That hurricane is right out there down the road coming our way,” the JPMorgan Chase & Co. chief executive officer said at a conference […]
Read More(Bloomberg) — A growing number of Wall Street strategists see last week’s stock market rebound as a head fake before more selling, as risks to the US economy and corporate earnings growth remain with stubbornly high inflation. The S&P 500 Index is drifting lower Tuesday after snapping its longest streak of weekly drops in two […]
Read More(Bloomberg) — Stocks in Asia are poised to open steady Tuesday as investors remain cautious about whether central banks can raise interest rates to rein in inflation without derailing growth. Oil gained after the European Union backed a push to ban some Russian oil. Futures inched lower in Japan, Australia and Hong Kong. US contracts […]
Read More(Bloomberg) — Asian stocks look set for a mixed start Tuesday as traders digest an early selloff in US equity futures and more Chinese measures to boost the world’s second-largest economy. US futures dropped with Nasdaq 100 contracts faring worst after Snapchat owner Snap Inc. warned of deteriorating macreconomic trends and said it’s unlikely to […]
Read More(Bloomberg) — Marko Kolanovic is resolute that things can get better for U.S. stocks as the year progresses, even with the S&P 500 tumbling and bullish catalysts seeming rare these days. “We can climb out of this hole,” Kolanovic, JPMorgan Chase & Co.’s co-head of global research, said in an interview last week in his […]
Read More(Bloomberg) — Investors are piling into cash as the outlook for global growth drops to an all-time low and stagflation worries mount, according to a Bank of America Corp. fund manager survey that points to continued stock-market declines. Cash levels among investors hit the highest level since September 2001, the report showed, with BofA describing […]
Read More(Bloomberg) — Shares of companies renowned for potentially innovative and disruptive products took a gut punch in the past year, but a senior executive at Goldman Sachs Asset Management has a simple message for investors in them: Keep the faith. Katie Koch, chief investment officer for public equities at GSAM, joined the “What Goes Up” […]
Read More(Bloomberg) — Optimism may be in short supply for equity investors caught in the downdraft of volatile global markets, but pockets of shelter are emerging. From banks benefiting from interest-rate hikes to stocks offering high dividend yields and cheap valuations, portfolio managers and strategists are finding areas of resilience. Those willing to stomach high volatility […]
Read More(Bloomberg) — U.S. equity futures retreated and stocks looked set for a choppy start Monday amid worries about high inflation and as investors await Chinese trade data that may show the economic toll of Covid lockdowns. Contracts fell for Japan and Australia, while Hong Kong is shut for a holiday. Shares and bonds are coming […]
Read More(Bloomberg) — Stocks fell Monday as high inflation, tightening monetary policy and China’s Covid lockdowns deepened concerns about the economic outlook. Equities dropped in Japan, Australia and South Korea, while S&P 500 and Nasdaq 100 futures wavered after U.S. shares in April posted one of their worst monthly declines since the pandemic roiled markets in […]
Read More(Bloomberg) — U.S. equities declined at the start of a busy week for corporate earnings as investors are closely watching results for insights into the effect of inflation and consumer spending as the Federal Reserve steps up policy tightening. The S&P 500 and Nasdaq 100 slipped more than 1.5% after Monday’s choppy gains. General Electric […]
Read More(Bloomberg) — Bond markets and the S&P 500 are too sanguine about the economic outlook, according to Morgan Stanley’s chief U.S. equity strategist. “We have another example of extreme divergence between the internals of the stock market which are strongly indicating a growth scare, while bonds and the S&P 500 are suggesting growth is not […]
Read More(Bloomberg) — Don’t be fooled by the stock market’s rapid-fire reaction to the news. It’s just the beginning of the first real slog in years, one that will hand a comeuppance to passive investors who once thought the only way for prices to go was up. That’s the view of James Abate, whose Centre American […]
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