Don’t expect stocks to rebound if inflation anxiety continues, according to Morgan Stanley. With price fears egging on Treasury rates, equities could be in for a disappointing few months as investors move away from a “buy-the-dip” mentality. “When inflation is very low, rising inflation has a positive impact on equity valuations,” wrote Mike Wilson, chief […]
Stocks plunged in the first major sell-off in six years, sending investors to the safety of bonds — ironically the very market that started the wild sell off and volatility across financial markets. In one day, the Treasury market went from a source of acute pain to a safe haven for investors panicked by a […]
The Dow Jones industrial average suffered its biggest one-day point drop in history, plunging 1,175 points on Monday and giving back all its 2018 gains as a flash-crash-style drop intensified a free fall in stocks that began last week. Fears of spiking inflation and borrowing costs caused investors to rethink their bullish views on stocks, […]
Asia markets fell in early trade on Monday, following a sharp decline in U.S. stocks on Friday amid a stronger-than-expected jobs report that sent interest rates higher. In Australia, the ASX 200 fell 1.31 percent to 6,041.40 in morning trade, with most sectors trading lower. The heavily weighted financial subindex was down 1.07 percent, while […]
Years of solid sales for Canadian marijuana growers could be as easy as A-B-C — or, more likely, THC. THC. It flows off the tongue much more easily than “tetrahydrocannabinol,” the full name of the chemical. THC is the primary chemical responsible for marijuana’s psychoactive effects. And it may be the primary reason several marijuana […]
The stock market continues one of the best, longest bull runs in memory. And for a number of reasons, the market has also been “expensive” by more than one valuation measure for quite some time. While that doesn’t guarantee that any kind of crash or correction is imminent — the market has been pricey for […]
1. Market mayhem: Main Street is feeling good right now — maybe a little too good if you ask Wall Street. After years of stagnant wages, American workers finally got a legit raise in January. Wages grew at the fastest pace since 2009 — a strong signal of a healthy economy and a tight jobs market. But there […]
It’s been a good run for the US stock market, but it couldn’t go on forever. On Feb. 2, stocks fell by more than 2%, dragging the market to its worst week in two years. The VIX, which measures volatility in the market, climbed. The Dow had its worst day since Brexit. Even tech darlings […]
With the yellow stuff climbing more than 12% last year, gold investors, in general, had reason to rejoice. Usually, the movements in gold-oriented companies’ stocks are highly correlated. There are always outliers, though — gold stocks that far exceed (or lag) the price of gold. And in 2017 it was no different. Shareholders of several […]
Financial markets took a drubbing this week amid investor concerns about rising interest rates. The Dow Jones Industrial Average tumbled more than 660 points Friday, marking the worst week since January 2016. Meanwhile, the benchmark 10-year Treasury note hit a four-year high. One factor is Friday’s jobs report, which showed a strong United States economy […]
Wall Street’s worst week in two years is creating anxiety that more losses are ahead for investors. Russell Investments’ Douglas Gordon suggested recently that feeling may be justified. He contended an unusual phenomenon is creating near-term challenges for the stock market. “You’ve got late stage in the expansion where you’ve got tightening monetary policy. But […]
It was the exclamation mark to a lousy week in the stock market — a 666-point drop Friday that could scare many investors and prompt them to reassess their portfolios. But let’s get real. A blizzard of stories and commentaries warned that a correction, or 10% drop, was not only overdue, but normal and just […]
