Category: stock market

Has the Big Tech Bubble Burst?

Commentary The extraordinary gains on Wall Street from Oct. 28 were stunning, but it’s the details that matter. What didn’t participate in the sudden exuberance were the tech stocks that have performed so well over the past three years and even dating back to 2009. The enthusiasm was all about value stocks, those old-fashioned companies…


Amazon Shares Plunge After Tech Giant Forecasts Disappointing Holiday Sales

Shares of Amazon plunged on after-hours trading on Thursday after the company predicted less than spectacular sales for the important holiday shopping season. Amazon shares were down almost 20 percent in extended trading after the Seattle-based tech giant predicted revenue would be $140–148 billion in the three-month period ending the year, missing out on analysts’ average estimate of $156 billion….


How the Top Investors Are Trading the Market in a Recession

Wall Street is almost certain that the U.S. economy will slip into another recession in 2023. But market analysts have different opinions on what the financial markets will look like over the next 12 months. Goldman Sachs slashed its target for the benchmark S&P 500 Index, to 3,600, projecting another 4 percent drop ahead. The…


How Top Investors Make Money During Recession

Wall Street is almost certain that the U.S. economy will slip into another recession in 2023. But market analysts have different opinions on what the financial markets will look like over the next 12 months. Goldman Sachs slashed its target for the benchmark S&P 500 Index, to 3,600, projecting another 4 percent drop ahead. The…


Wall Street’s ‘Fear Gauge’ Flashes Warning Signs

The CBOE Volatility Index (VIX), Wall Street’s “fear gauge,” is beginning to flash warning signs regarding the markets. Wall Street has witnessed losses over recent weeks, as inflation remains high and the Federal Reserve shows no intention of backing down on raising interest rates. The labor market remains tight and wholesale prices climbed for the first…


The Deep State Plays the Financial Markets

Commentary The least-investigated part of the federal government is the senior civil service. It’s invisible to mainstream media mostly because reporters rely heavily on career bureaucrats for reporting and tips. Therefore, they leave it alone for career reasons. It becomes a kind of cabal with each side protecting the other. The administrative state is easily…


The Savings Game: Don’t Give up on the Stock Market

By Elliot Raphaelson From Tribune Content Agency Investors in both the stock and the bond markets are understandably nervous. The Federal Reserve has indicated that until inflation is under control, it will continue to increase interest rates. As long as that happens, it is likely that both bond prices and stock prices will remain under…


Investing: Big Tech Is a Big Bargain Now

By James K. Glassman From Kiplinger’s Personal Finance It has been a rough year for the stock market but even more so for Mega Four tech stocks: Apple, Microsoft, Alphabet, and Amazon.com. Over the past five years, their share prices have more than tripled, and each has a market cap of more than a trillion…


The Fed Fears Something Worse Than a Bear Market

Commentary The strategy of buying the dip went on for months, with unrelenting hope that this was all surely temporary. The economy was opening. Congress was spending. The Fed surely would not crash the markets before the November election. All will be well. No reason to panic. Not even weekly warning by the Fed would…


Morgan Stanley Warns of Something Worse Than a ‘Normal Recession’

Morgan Stanley’s Chief U.S. Equity Strategist Michael Wilson said that he’s convinced a corporate earnings recession is coming—and that it could be worse than a “normal” recession. Wilson said in a Sept. 26 interview with CNBC’s “Squawk Box” that his team at Morgan Stanley is looking closely at the U.S. business earnings story and the impact…