Not breaking news: Albert Edwards is bearish on the stock market.
Yes, the Société Générale economist who refers to himself as an “uber bear,” once again, lived up to his self-billing in his gloomy note to clients on Thursday.
“We certainly believe that the market is getting way ahead of itself now,” Alex Pire, head of client portfolio management at Seeyond, told Yahoo Finance. “There is this sort of cognitive disconnect between the way the market is functioning and what we’re...
Tom McClellan, market technician and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows.
The State Street-sponsored SPDR S&P 500...
The fear of missing out has played a role in recent market movements but that’s “not a good sign,” according to Andrew Harmstone, head of global balanced risk control strategy at Morgan Stanley Investment Management.
“The fear ... of missing...
Could Short Pump Town Center be losing its top anchor retailer?
Nordstrom announced Tuesday night that it will close 16 of its 116 full-line retail stores, and a national fashion magazine is reporting that the company’s Short Pump Town...
Costco Wholesale Corp.’s monthly sales fell for the first time since the recession, as stay-at home orders and social-distancing restrictions reduced shopper traffic and some parts of stores offered limited service.
Comparable sales, those from stores and digital channels...
If you had to pick up dinner lately, there’s a chance you may not get what you want.
About one-fifth of Wendy’s restaurants are dealing with beef shortages. Locally owned businesses told Channel 2 Action News that they’re feeling...
The data was relatively good but it came a little late for a market that had gotten too far ahead of itself.
Crude prices settled down as much 4% on Wednesday, giving back a little of their mammoth gain...
Wharton finance professor Jeremy Siegel is calling the end of the 40-year bull market in bonds.
Siegel’s declaration comes as world economies battle the coronavirus pandemic, and the Federal Reserve buys treasurys and mortgage-backed securities to keep the financial...
Sell in pandemic May and go away?
That is a fair question, as a six-month period that has traditionally been unfavorable for stocks gets under way, with painful coronavirus baggage piled on top.
Our call of...
