Year-end rally? Bullish stock-market pattern set to collide with stagflation fears

Year-end rally?  Bullish stock-market pattern set to collide with stagflation fears

The period between now and year-end marks a historically bullish final stretch of the year for US stocks, particularly just before and after Christmas. The question for investors is whether favorable seasonal factors will be outweighed by economic fundamentals. The momentum toward a year-end rush to stocks seems to only be getting stronger now that … Read more

Recession will be an inch deep but a mile wide, says UBS strategist

Recession will be an inch deep but a mile wide, says UBS strategist

Global economic conditions will shift next year and that’s going to flip which markets and sectors underperform, according to the chief strategist of UBS Investment Bank. Bhanu Baweja told CNBC’s “Squawk Box Europe” on Wednesday that between one-third and half of the countries the bank covers globally are facing a recession. “It’s an inch deep … Read more

Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs

Markets will shift to a 'hope' phase next year, and investors would be wise not to miss it, says Goldman Sachs

Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stock futures in the red and the dollar higher ahead of Monday’s open. In a shortened week that will bring both Thanksgiving and the World Cup kickoff, investors have all sorts of excuses to head to the sidelines. Those sticking … Read more

Grindr shares soar as LGBTQ dating app debuts after SPAC merger

Grindr shares soar as LGBTQ dating app debuts after SPAC merger

The LGBTQ social networking platform Grindr puts on a public show outside of the New York Stock Exchange (NYSE) as the company goes public following its merger with special purpose acquisition company (SPAC) Tiga Acquisition Corp. on November 18, 2022 in New York City. Spencer Platt | Getty Images Traders, bank workers and tourists weren’t … Read more

How much you’d have if you invested $1,000 a decade ago

How much you'd have if you invested $1,000 a decade ago

About 10 days ahead of Black Friday — one of the most anticipated shopping days for merchandisers — big-box retailer Walmart reported better-than-expected revenue and earnings. And good news for consumers: The company plans to set prices for Thanksgiving staples at the same level as 2021. For the fiscal third quarter, Walmart generated more than … Read more

Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.

Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.

According to Fed Reserve Gov. Christopher Waller and several strategistslast week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His words may be getting through as stock futures point to a softer start as the last full week before Thanksgiving kicks off. We’ll also get retail … Read more

What investors can expect after midterms

What investors can expect after midterms

Election workers open mail in ballots at the Maricopa County Tabulation and Election Center in Phoenix on Nov. 11, 2022. Justin Sullivan | Getty Images It may take until December to know which political parties control both chambers of Congress after Tuesday’s midterm elections. But that does not mean your personal investment strategy should also … Read more

Meta layoffs show Mark Zuckerberg ‘got religion’ on costs, but he must cut more

Meta layoffs show Mark Zuckerberg 'got religion' on costs, but he must cut more

The announcement Wednesday from Club holding Meta Platforms (META) that it’s laying of about 13% of its workforce, or more than 11,000, employees, is a sign to us that CEO Mark Zuckerberg, in the words of Jim Cramer, “got religion” when it comes to trying to get a handle on the company’s out of control … Read more

Carvana, Dealers Show Risks of Deflation. Ford, GM Investors Should Watch Out.

Carvana, Dealers Show Risks of Deflation.  Ford, GM Investors Should Watch Out.

Text size A Carvana car-vending machine in Huntington Beach, Calif., in 2019. Mark Ralston/AFP/Getty Images Why buy now if prices are going to be lower tomorrow? That isn’t a question US consumers have been asking themselves lately. Inflation has had the opposite effect in recent months. But because prices are coming down and that is … Read more

New stock market lows ahead? What investors need to know as Fed signals rates will be higher for longer.

New stock market lows ahead?  What investors need to know as Fed signals rates will be higher for longer.

Federal Reserve Chairman Jerome Powell feels a clear signal interest rates will move higher and stay there longer than previously anticipated. Investors wonder if that means new lows for the beaten-down stock market lie ahead. “If we don’t see inflation start to come down as the fed-funds rate goes up, then we’re not getting to … Read more