Cathie Wood: This one simple tailwind will push the bull market to 2038 — here are 3 stocks to ride it With inflation running hot, interest rates on the rise, and valuations stretched, even mainstream Wall Street strategists are predicting major corrections. But one super investor remains bullish — Ark Invest founder Cathie Wood. In an interview with Yahoo Finance Live last month, Wood referenced research by Fundstrat’s Thomas Lee that suggests millennials could power the stock market… Source link
Read More »Stock market news live updates: Stock futures drift as investor await earnings – Yahoo Finance
Stock futures opened little changed on Monday evening, as investors awaited a slew of new earnings results to determine the impact of ongoing supply chain concerns and rising costs on corporate America. A number of major companies are set to report earnings results Tuesday morning, including consumer giants Procter & Gamble (PG) and Johnson & Johnson (JNJ) before market open, and Netflix (NFLX) and United Airlines (UAL) after market close. The latest quarterly results, guidance and executive… Source link
Read More »Is a Bear Market Imminent? How Low Could BTC Fall?
By David Wagner Investing.com — As a Bitcoin ETF in the United States will finally become a reality this week, some believe that Bitcoin will soon set new records, while others predict that investors will “sell the fact” after having “bought the rumor.” Indeed, it would not be the first time that Bitcoin has risen in anticipation of a major event, only to start falling as soon as that event becomes a reality. This was the case with the launch of CME Bitcoin futures in 2017, and more recently,… Source link
Read More »Big banks warn that Fed-induced market volatility is coming soon
Market volatility has dipped since September, but the nation’s top bankers are warning that choppiness could be coming back soon — thanks to the Federal Reserve. In earnings calls this week, executives at the largest U.S. banks said price swings could be back as the central bank attempts to slow (and then reverse) its easy money policies launched last year to insulate the economy from the effects of the COVID-19 pandemic. “It’s good to be watchful right now,” Morgan Stanley (MS) CEO… Source link
Read More »Why the recent market decline was likely just a shakeout before a major rally
The recent market decline has many people wondering if this is the start of a bigger correction, or just a shakeout before a fourth quarter rally. I’m leaning towards the latter for the following reasons: seasonality, the Fed, technicals, and sentiment. Seasonality is a short-term negative, but a positive into year-end. From approximately mid-September until mid-October, factors such as index rebalancing and end-of-the-quarter portfolio adjustments can lead to seasonal weakness. These… Source link
Read More »‘I don’t see this as the big one’: Market strategist
The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year. A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence. So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the… Source link
Read More »4 big risks that could trip up the stock market soon: Goldman
Investors will have a lot to contend with come the start of third quarter earnings season this month, most of which could prove far from flattering to one’s portfolio. That’s the latest temperature check on markets from the team over at Goldman Sachs. The investment bank’s chief U.S. equity strategist David Kostin warned on Monday of four risks to investors from upcoming corporate earnings reports: (1) supply chain bottlenecks; (2) climbing oil prices; (3) inflationary labor costs; and (4)… Source link
Read More »Are you bearish enough on the stock market?: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 4, 2021 The weekend is always a good time to soul-search. Things tend to slow down just enough so you can think for a few minutes (or is this just me?). So this weekend while I took a rare break to present my classic car at a local show, I popped down in one of those foldable camping chairs and pondered some of the things I have… Source link
Read More »‘Consumers aren’t stupid’: Google lawyer rejects EU market abuse ruling
A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration Google challenging record $5 bln EU fine in court case Consumers use Google because it’s the best – Google lawyer EU lawyer says Google stacked the odds in its favour LUXEMBOURG, Oct 1 (Reuters) – Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer said on Friday, wrapping up a… Source link
Read More »Tiny house market grows in tight housing market
According to the U.S. Census Bureau, the median size of a single-family house in 2020, the most up-to-date survey year, is 2,261 square feet. For many Americans, a home of that size is out of their price range, simply too large for their needs, or entails a bigger carbon footprint than they want…enter the tiny house. This Town at Trilith tiny house has a sleek, modern kitchen with downsized appliances. (Photo courtesy of Town at Trilith) According to the 2018 International Residential Code,… Source link
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