Newsbreak 2 weeks ago in Around The World, Big Short, Enron, Investing Analysis, Investing Outlook, Investing Strategy, Markets, MI Exclusive, Michael Burry, Michael Burry forecast, Michael Burry tweets, Silicon Valley Bank, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Stocks, SVB, The Big Short 0 Category: Stock Market Outlook
‘Big Short’ investor Michael Burry issues a grave warning after Silicon Valley Bank’s stock rout: ‘It is possible today we...
Newsbreak 2 weeks ago in Around The World, Big Short, Enron, Investing Analysis, Investing Outlook, Investing Strategy, Markets, MI Exclusive, Michael Burry, Michael Burry forecast, Michael Burry tweets, Silicon Valley Bank, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Stocks, SVB, The Big Short 0 ‘Big Short’ investing legend Michael Burry. Astrid Stawiarz/Getty Images ‘Big Short’ legend Michael Burry just compared Silicon Valley Bank to Enron. The bank’s stock plunged 60% Thursday as its parent company offloaded shares after massive bond losses. Enron was a scandal-hit energy firm that collapsed in the early 2000s. Michael Burry has weighed in on Silicon Valley Bank after its parent company’s shares plunged 60%…
US stocks face a reckoning as there’s no escaping a recession, says top economist David Rosenberg
David Rosenberg. Screenshot via Bloomberg TV Top economist David Rosenberg warned that US stocks are in for more pain this year – and rang the alarm on recession risks again. “The stock markets and the credit markets seem to think that they have more time than they can buy before the boom really gets lowered on the economy,” he said. Rosenberg pointed out that the…
Billionaire investor Cliff Asness says stocks are ‘woefully’ unprepared for a macro shock in the event inflation doesn’t come down...
Cliff Asness. Lucy Nicholson/Reuters Stocks may face a macro shock if inflation doesn’t come down the way markets are anticipating, in line with Cliff Asness. The billionaire investor said stocks had been nonetheless costly, and had more draw back to come. “We’re probably still in a bubble in cheap versus expensive,” he said in an interview with Bloomberg TV. Stocks might be shocked by macroeconomic…
The good news is markets look resilient — but the bad news is just about everything else
TGIF. Phil Rosen right here, reporting from New York City. I’m completely satisfied to see that, lastly, the remainder of the world appears to be catching on to the magic that is Magic: The Gathering. Haven’t heard of it? Well the once-niche card game just became a $1 billion brand. That means gross sales of those fantastical playing cards that includes creatures, spells, and planeswalkers…
It’s make-or-break time for stocks with inflation defining a crucial few weeks, Bernstein strategist says
Key inflation and unemployment experiences are about to find out whether or not stocks’ start-of-year rally carries on, in response to Bernstein’s Matthew Palazzolo. ANGELA WEISS/Getty Images Stocks began 2023 on a tear however gave up a few of these good points last week. Tuesday’s inflation report marks the beginning of a crucial five-week stretch, in response to Bernstein’s Matthew Palazzolo. Investors are about to…
Crypto exchange Kraken is embroiled in an SEC probe over whether it sold unregistered securities, report says
Newsbreak 1 month ago in Around The World, crypto, cryptocurrency, cryptocurrency exchange Kraken, Cryptos, investigation, Investigations, Investing Analysis, Investing Outlook, Kraken, Markets, MI Exclusive, probe, Regulation, SEC, Securities and Exchange Commission, Stock Market Analysis, Stock Market Outlook, US Securities and Exchange Commission 0 Kraken on a cellphone KONSKIE, POLAND The SEC is investigating Kraken over whether it supplied unregistered securities on the market, per Bloomberg. The crypto exchange and the SEC may come to a deal over the probe in coming days, the report said. The crypto trade is dealing with intensified scrutiny after the spectacular demise of main exchange FTX. Crypto exchange Kraken is under investigation by…
Fed’s Jerome Powell ‘did not fight back’ against the stock market with his confident stance on inflation, says ‘Bond King’...
DoubleLine CEO Jeffrey Gundlach talking at the 2015 Delivering Alpha occasion on July 15, 2015. David A. Grogan/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images DoubleLine CEO Jeffrey Gundlach said Fed Chair Jerome Powell did not fight back against the stock market in his Wednesday speech. Powell radiated an air of confidence with his encouraging feedback about inflation – and it resonated with traders. The US central…
Hindenburg says Adani has been ‘systematically looting’ India as the conglomerate accuses the short-seller of `battle of curiosity’
Gautam Adani, founder of the Adani Group. Photo credit score ought to learn SAM PANTHAKY/AFP via Getty Images Hindenburg Research hit back at Adani Sunday, after the Indian group said the brief vendor’s report was an “attack on India”. “India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation,” the short-seller said….
Watch out for another Fed policy mistake given these ‘clouds on the horizon’ in the jobs report, Mohamed El-Erian says
Mohamed El-Erian. Rob Kim/Getty Images The newest jobs report confirmed there are financial ‘clouds on the horizon’, Mohamed El-Erian has warned. US labor pressure participation fell at the same time as wages carried on rising, in response to November’s employment information. Markets want to observe out for a potential Federal Reserve policy mistake, El-Erian stated. The newest US jobs report has underscored financial dangers that…
Wharton professor Jeremy Siegel says the US economy is faltering – and the Fed may cut interest rates to 2%...
Jeremy Siegel. CNBC/Getty Images Jeremy Siegel says the US inflation menace is receding and the economy is weakening. The Wharton professor expects US labor and housing markets to soften in the months forward. Siegel predicts the Fed will pivot from mountaineering interest rates to slicing them to 2% next year. Jeremy Siegel has warned the Federal Reserve wants to notice inflation is cooling and the…
Larry Summers doesn’t see US interest rates topping 5% as the Fed juggles the ‘two-sided danger’ of inflation and slowdown
Former U.S. Treasury Secretary Lawrence H. “Larry” Summers. REUTERS/Jason Alden/POOL The Fed’s interest price hikes have created “an environment of two-sided risk”, Larry Summers stated. He warned there is a risk of each excessive inflation and low financial development for the US. That makes it seemingly US interest rates will keep between 2% and 5%, the ex-Treasury Secretary stated. Markets are not sure about the…
Billionaire investor Carl Icahn is reportedly betting big that GameStop shares will fall
Carl Icahn has constructed up a big quick place in GameStop, in accordance with Bloomberg. Brendan McDermid/Reuters Investing legend Carl Icahn holds a large quick place in GameStop, in accordance with Bloomberg. Icahn reportedly began constructing the place in January 2021 as retail traders piled into meme shares. GameStop shares have been near their all-time excessive of $483 when Icahn first shorted the inventory, Bloomberg…
The S&P 500 needs to clear 3 big hurdles to convince investors the bull market has returned, Bank of America...
Newsbreak 4 months ago in Analyst Note, Around The World, Finance, Markets, MI Exclusive, S&P 500, Stock Market, Stock Market Analysis, Stock Market Outlook, Technical Analysis, Trading 0 ide A dealer works at the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022. Michael Nagle/Xinhua through Getty The S&P 500 has three technical ranges to clear earlier than signaling to investors {that a} new bull market is right here, in accordance to BofA. The financial institution mentioned the S&P 500 holding assist at 3,900 is a bullish…
The market is still a long way from seeing stocks hit a bottom and interest rates come down, Goldman Sachs...
Goldman Sachs’ Chief Equity Strategist Peter Oppenheimer Screenshot/YouTube The inventory market is still a long way from hitting a bottom, Goldman Sachs’ Peter Oppenheimer warned. Meanwhile, markets are equally far off from seeing interest rates come down. “We don’t think we’ve hit yet the sort of conditions that we would typically see in a genuine trough in the bear market.” The market is still a…
Wharton professor Jeremy Siegel says the stock market will surge 20% in 2023 as the Fed acknowledges falling inflation
Newsbreak 4 months ago in Around The World, Federal Reserve, Finance, Inflation, Jeremy Siegel, Markets, MI Exclusive, Stock Market, Stock Market Analysis, Stock Market Outlook, Trading 0 Wharton professor Jeremy Siegel. Getty Images Wharton professor Jeremy Siegel stated the stock market is poised to surge 20% in 2023. Siegel’s outlook is pushed by his expectation that the Fed will acknowledge that inflation is falling. “I think basically 90% of our inflation is gone,” he advised CNBC in an interview on Monday. Wharton professor Jeremy Siegel expects 2023 to be a powerful yr…
The S&P 500 could surge 14% through year-end as the Fed tames inflation and pieces come together for a big...
Drew Angerer/Getty Images The S&P 500 could rally one other 14% by the finish of the yr as inflation continues to chill, Fundstrat says. Another weak CPI studying for November could trigger the Fed to be much less aggressive. A pause in rate of interest will increase after December could spark a rally of 25% into subsequent yr. The S&P 500 could rise one other…
The S&P 500 is likely to bottom out early next year in a ‘terrific buying alternative’ for buyers, Morgan Stanley...
Newsbreak 4 months ago in Around The World, Bear Market, bear market 2022, Fed, Inflation, Interest Rates, Investing Outlook, Markets, MI Exclusive, Mike Wilson, Morgan Stanley, morgan stanley mike wilson, Recession, sp500, Stock Market, stock market investing, Stock Market Outlook, stock market prediction, Stocks 0 Mike Wilson, Morgan Stanley’s chief funding officer. Bloomberg TV Morgan Stanley’s Mike Wilson expects the benchmark S&P 500 will bottom out next year. That presents inventory buyers with a “terrific buying opportunity,” the funding chief advised CNBC. US shares have been turbulent this year because the Fed hikes rates of interest to struggle inflation. The S&P 500 will hit a new a low early next…
Billionaire investor Bill Ackman warns the Fed will struggle to crush inflation – and higher lengthy-time period interest rates could...
Bill Ackman. Reuters Bill Ackman warned the Fed will most likely fail to convey down inflation to its 2% annual goal. The Pershing Square chief predicted higher lengthy-time period interest rates — a headwind for stocks. Pershing’s hedges have generated over $5 billion in earnings since the begin of 2020. Bill Ackman expects inflation and interest rates to stay elevated for years, darkening the outlook…
FTX’s collapse could be crypto’s dot-com crash moment – with the industry struggling to ever regain traders’ trust
Newsbreak 4 months ago in Alyssa Powell, Around The World, BI Graphics, crypto bubble, Crypto crash, dot-com bubble, dot-com crash, ftx, ftx bankruptcy, Investing Analysis, Investing Outlook, Investing Strategy, Markets, MI Exclusive, Pets.com, Sam Bankman-Fried, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy 0 FTX’s collapse could make crypto’s bear market final even longer, specialists say. FTX/Insider FTX’s spectacular implosion reminds some analysts of the dot-com bubble bursting in 2000. Tech corporations struggled to win again traders’ trust twenty years in the past. The collapse of FTX could weigh on cryptocurrencies for years, specialists informed Insider. FTX’s collapse this week has left the crypto industry bracing for a bear…
Here’s when to buy stocks as Wall Street warnings suggest a recession is imminent, according to Bank of America
Newsbreak 3 months ago in Analyst Note, Around The World, Economy, Finance, Markets, MI Exclusive, Recession, Stock Market, Stock Market Analysis, Stock Market Outlook, Trading 0 A dealer works on the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022. Michael Nagle/Xinhua by way of Getty There are increasing signs that financial recession is imminent, according to Bank of America. An inverted yield curve, a slowdown in house gross sales, and a massive drop in international freight charges suggest the financial system is slowing down….
Stagflation is now the consensus view on Wall Street for 2023 as investor sentiment remains historically bearish, Bank of America...
Newsbreak 4 months ago in Analyst Note, Around The World, Finance, Markets, MI Exclusive, Stock Market, Stock Market Analysis, Stock Market Outlook, Trading 0 (Photo by Scott Heins/Getty Images) The consensus view on Wall Street is that stagflation will plague the inventory market in 2023, in accordance with Bank of America. A survey from the financial institution discovered that 92% of fund managers count on a interval of excessive inflation and low financial development subsequent 12 months. The bearish outlook comes as money ranges sit close to file highs,…
Russia’s war in Ukraine is the biggest culprit pulling the global economy into a downturn, IMF chief says
Russia’s war in Ukraine has been the principal drag on financial progress this 12 months, IMF director Kristalina Georgieva mentioned. Liu Jie/Xinhua/Getty The Ukraine war is the “single most important negative factor” for the global economy, the IMF’s head mentioned. Russia’s war is prone to proceed to tug down progress subsequent 12 months, Kristalina Georgieva instructed CNBC. The world faces a downturn that would wipe…
Apple is key to determining whether the stock market can sustain a rally into year-end, Fairlead Strategies’ Katie Stockton says
Newsbreak 4 months ago in Analyst Note, Apple, Apple stock, Around The World, Markets, MI Exclusive, Stock Market, Stock Market Analysis, Stock Market Outlook, Technical Analysis 0 Getty Images / Bryan R. Smith The sustainability of a year-end rally in the stock market hinges on Apple, in accordance to Fairlead Strategies’ Katie Stockton. Stockton highlighted that Apple represents 7% and 13% of the S&P 500 and Nasdaq 100, respectively. “A breakout would likely foster a greater relief rally given Apple’s influence on the major indices and sentiment,” Stockton stated. The sustainability and…
Billionaire investor Ray Dalio warns the US and China are ‘dangerously shut’ to a war that would crush economic growth
Newsbreak 4 months ago in Around The World, billionaire investor, Bridgewater, Bridgewater Associates, China, Investing Analysis, Investing Outlook, Investing Strategy, Joe Biden, Markets, MI Exclusive, Ray Dalio, Ray Dalio China, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Stocks, Taiwan, Xi Jinping 0 Bridgewater Associates founder Ray Dalio has warned that the US and China are ‘dangerously shut’ to going to war over Taiwan. AP The US and China are edging in direction of a potential navy battle over Taiwan, Ray Dalio has warned. President Xi appeared to trace at war when he warned China to put together for a “dangerous storm” final month. “This is scaring just…
UK inflation tops 11% to hit its highest level since 1981 as food and energy prices soar
UK inflation surged over 11% in October to hit its highest level since 1981. Tolga Akmen/Getty Images UK inflation jumped to a recent four-decade excessive of 11.1% in October, from 10.1% the month earlier than. It would have been 13.8% if the UK authorities hadn’t capped family energy payments, the ONS stated. The Bank of England has hiked rates of interest to their highest since…
October inflation cooled more than anticipated, but it’s still close to 40-year highs. Here’s what 5 experts have said about...
Newsbreak 4 months ago in Around The World, Bear Market, CPI, Dr. Doom Nouriel Roubini, Fed rate hikes, Financial Crisis, inflation 2022, Inflation Expectations, inflation falling, Labor Market, Markets, MI Exclusive, Mohamed El-Erian, recession 2023, stagflation crisis, stagflation risk, Stock Market Crash, Stock Market Outlook, Unemployment, US Economy and Markets 0 Paul Volcker, former Fed Chair 1979 to 1987. Bettmann / Getty Images Inflation cooled in October, but costs have been elevated for over 20 months now, elevating issues of stagflation. That means the economy may very well be slammed with excessive unemployment, low development, and protracted inflation – in addition to a steep drop in shares. Here’s what 5 experts have said about the dangers…
Stocks will plunge, inflation will persist, and the US economy will feel more ache, Carl Icahn says. Here are his...
Carl Icahn. REUTERS/Chip East Carl Icahn expects shares to tumble, inflation to linger, and the US economy to endure more ache. He constructed a Twitter stake earlier than Elon Musk’s bid, and might need put $1 billion behind it if requested. Icahn teased previous bets in opposition to crypto, and stated he wasn’t shocked by FTX’s collapse. Carl Icahn warned the stock market’s epic rally…
The stock market could soon reverse its ‘borderline miraculous rally’ and retest June lows, UBS’s Art Cashin says
Art Cashin REUTERS/Brendan McDermid Stocks could whipsaw and retest June lows regardless of October’s optimistic inflation report, Arthur Cashin mentioned. Cashin famous that stock market rallies since June have been fleeting, and it is nonetheless a bear market. He warned a reversal could come when the VIX approaches 20, and the gauge presently clocks in at 22. The stock market could soon reverse its “borderline…
Stocks may be set up for a bull run in 2023, but expect inflation to remain sticky and the Fed...
Traders work on the ground at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. Andrew Kelly/Reuters The inflation shock is over, but expect costs to remain sticky, strategists at Bank of America mentioned. The financial institution pointed to rising wages and companies costs, which might gas inflation staying above the 20-year-average. That means the Fed is unlikely to lower…
Inflation is getting less hot – and the greatest-case scenario for stocks just played out.
Newsbreak 4 months ago in 10 things, 10 things opening bell, Around The World, crypto, Economy, Fed, ftx, Markets, Newsletter, Sam Bankman-Fried, Stock Market Outlook 0 Happy Friday to my favourite nook of the web. Senior reporter Phil Rosen right here one final time earlier than the weekend. If you did not examine your portfolios yesterday, take a peek now if you wish to really feel like Christmas got here early. The inventory market just had its greatest day of the yr. We can chalk that as much as the Thursday…