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 …
My Top 10 Things to Watch Thursday, December 8, 2022 1. U.S. stock futures point to a higher open after the S&P 500 fell five straight sessions, including strong back-to-back declines on Monday and Tuesday. Fear that interest rate hikes by the Federal Reserve could tip the economy into recession has dogged Wall Street lately. …
Stocks have lost their short-term bullish momentum, and now the market seems stuck in a longer-term downtrend with no end in sight. Many market strategists expect the S&P 500 to aim to retest lows in the first quarter as earnings look weaker, recession fears rise and the Federal Reserve continues to tighten policy. Strategists looking …
The stock market is trapped in a sharp downtrend, and the situation could get worse Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
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 »
Johnson & Johnson (JNJ) is preparing next year to turn its consumer health unit into a publicly traded company separate from its pharmaceutical and medical technology businesses. Prior to the split, Morgan Stanley released a research note, highlighting some of the market debate over the move, which would result in a consumer brand company called …
What to watch for as J&J prepares to split into two separate companies next year 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 »
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 »
