This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
Investors may have gotten overly excited this week about comments from Fed Chairman Jerome Powell. The Fed chief’s suggestion of a 50 basis point hike...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs Source link...
Nightmare Before Christmas for Department Stores
Markets Heard on the Street Slowing sales in recent weeks make for a tricky setup for retailers ahead of the holiday season Source link...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group...
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls,...
Home-Price Growth Slows Under Tide of Rising Mortgage Rates
U.S. home-price growth slowed sharply in the third quarter, the National Association of Realtors said, as affordability remained near its lowest level in decades. Source...
Coinbase Reports Better than Expected Q3 Earnings, Cuts Losses in Half By DailyCoin
Coinbase Reports Better than Expected Q3 Earnings, Cuts Losses in Half America’s biggest cryptocurrency exchange, Coinbase (NASDAQ:), has released its report for the third quarter....
MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings By Cointelegraph
MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough....