Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center...
Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
Goldman Sachs is planning on cutting several hundred jobs this month, making it the first major Wall Street firm to take steps to rein in...
The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility,...
Market players are starting to fear a major policy error from a central bank
A screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who...
Dow slumps 600 points Monday to wrap worst day since June as summer rally fades
Stocks wrap worst day since June The Dow Jones Industrial Average fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99...
Wall Street analysts bet on another commodity rally before year-end
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange in London, U.K., on Monday, Feb. 28,...
Inflation has caused more than a third of adults to tap their savings
More than a third of U.S. adults are dipping into their savings accounts to help them afford higher prices, new research shows. In the face...
Stocks making the biggest moves in the premarket: Novavax, GoodRx, Allbirds and more
[ad_1] Take a look at some of the biggest movers in the premarket: Novavax (NVAX) – The drugmaker’s stock plummeted 32.3% in the premarket after...
What Cramer is watching Monday — IRA Act lifts EV and solar stocks, Pfizer’s buy
[ad_1] Stocks looked to open higher Monday following the S&P 500’s third consecutive week of gains. [ad_2] Source link Stocks looked to open higher Monday...