WASHINGTON: The Bureau of Labor Statistics just released good news and bad news about wage growth. The good news is that wages grew at a 3.1 % rate in the last twelve months. The bad news is that wages grew at a 3.1 % rate in the last twelve months. The Good News The news ...
I’ve settled on the Headless Horseman as today’s stock market metaphor. That's because Mr. Market has been behaving just like him this October. Every day, it comes out of nowhere, scares the bejeebers out of you and then vanishes into the night.
Dumping half your declining portfolio into the severe, still-ongoing October 2018 market downturn right now would likely make matters worse for most small investors, at least in the intermediate term.
October's feverish selling panic has gotten bad enough to generate serious bear market fears. This, in turn, leads to more and more selling.
Is the long-running secular bull market in U.S. stocks over? Is the Great Trump Rally within that secular bull market also kaput? And finally, are we in a bear market now?
Amazon (symbol: AMZN) and Alphabet, aka Google (GOOGL) reported disappointing (for them) earnings. Worse, Amazon indicated confused forward guidance. Result: A Wall Street catastrophe.
Bungee jumping US stocks are at the high point of a Thursday bounce that at one point exceeded 500 points to the plus side in the Dow Jones Industrials.
Investors – as opposed to day traders – are being forced to endure the second market debacle in US stocks of the year. That's a revolting development indeed.
Uncertainty can put a very rapid end to any bull market, leading to an almost predictible Wall Street crash.
While the Fed would like to see a higher rate of growth, the central bank's traditional concern is inflation.
News and financial sites provide a daily deluge of negative-to-rotten, thinly veiled anti-Trump and anti-GOP stories geared toward tanking stocks across the boards into the run-up to Election 2018.
Stocks started out Wednesday in the red, then tried to rally. But then the 2 p.m. ET release of the most recent Fed minutes hit the tape.
Popular market averages predictably remained mired in Fed wrangles and international tangles Monday as measured by fractional percentages.
Democrats will cry its a tax reform break for the wealthy while conveniently forgetting that nearly all of the capital gains taxes are paid by the top 20% of earners.
As of 12:45 p.m. or thereabouts, the tremendous 200+ point comeback rally for stocks that launched at this morning's opening bell has fizzled out.
In a staggering, shell-shocked stock market like this one, most likewise shell-shocked investors won’t immediately start buying this particularly nasty dip.
We saw the Dow get pulverized, the techs get eviscerated and the markets collapse in a waterfall decline. Looks like a pre-election correction is underway.
At least as far as the DJI goes, Monday’s positive action seems to have been a dead-cat bounce. Now the bears are back and stocks are going wobbly again.
It’s Bears vs Bulls, Day 3 as a fresh outburst of selling mania finds the Wall Street #Resistance against the Trump Rally in its third consecutive battle.
What this disgusting NYT article really proves, in fact, is that President Trump must never release his tax returns. The article itself is a sham.