Text size September lived up to its reputation as the toughest time of year for stock investors. Michael Nagle/Bloomberg The outlook for the market is hazy at best and there are no meatballs involved. Questions about the strength of the economy, what the Federal Reserve plans to do and even the path of corporate earnings… Read More »
Text size September lived up to its reputation as the toughest time of year for stock investors. Michael Nagle/Bloomberg The outlook for the market is hazy at best and there are no meatballs involved. Questions about the strength of the economy, what the Federal Reserve plans to do and even the path of corporate earnings… Read More »
Not long ago, the Naked Cowboy was tasked with promoting an NFT. Remember those? Spencer Platt/Getty Images Text size Where have all these weirdos gone? Not even two years ago, in a cover story on the state of finance, I opened with a cowboy in his underwear serenading a Times Square duo in matching onesies… Read More »
Text size Federal Reserve Chair Jerome Powell said the central bank would proceed cautiously in raising rates. Chen Mengtong/China News Service/VCG/Getty Images) We go back to the future for interest rates. The benchmark 10-year Treasury yield briefly topped the 4.5% level last week, which was widely seen as the highest level since 2007. That makes… Read More »
Yields are recovering. Years ago, this was a sardonic observation about the bond market: Bonds are collapsing because of the inescapable inverse relationship between their prices and yields. However, future higher interest income from new purchases of fixed income securities only slightly offset capital losses on previous holdings. At one point, yields had risen so… Read More »
Text size Tesla will report third-quarter delivery data on October 2 Liesa Johannssen/Bloomberg The third quarter is almost over and Tesla There are about two weeks left until the quarterly delivery report. That means it’s time for Wall Street analysts to sharpen their pencils and fix the numbers. The direction of their delivery estimates will… Read More »
Text size Among the top 20 most heavily shorted transportation stocks, Tesla represents nearly 60% of the capital committed by short sellers. Brent Lewin/Bloomberg The UAW is asking for it Ford engine and the other two automakers with roots in Detroit for big pay raises and a four-day work week. The demands threaten to upend… Read More »
Text size Apple shares fell 1.7% on Tuesday following the company’s product launch event. (Photo by Eric Thayer/Getty Images) Apple ‘S The long-awaited launch of the iPhone 15 has left investors disappointed, and Wall Street doesn’t seem thrilled either. The world’s most valuable company unveiled its new iPhone models on Tuesday, and things went pretty… Read More »
Text size Consumer-focused companies like Alibaba could represent a buying opportunity for investors. Wang Zhao/AFP via Getty Images Value managers routinely venture into markets that others flee from, which makes China a natural destination. Veteran bargain hunters admit that China’s economic growth prospects look uncertain and that policymakers may continue to stumble. But they calculate… Read More »
