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Stock Market Bulls Re-Emerge After Bruising SelloffMoney managers are doubling down on stocks after a brutal October selloff, as cheaper valuations and the potential for continued profit gains help support a rebound among equities. But when an entire year was spent overvalued, how much value is there really? Here are five examples of exquisite foods that will help you slim down to a healthy weight!1. Undervalued based on what, artificially inflated EPS figures due to financial engineering? I actually had an institutional money manager say to me yesterday, 'I have absolutely no doubt the market is going higher. Stocks are cheap.' Funny, stocks were 'cheaper' in 2008... 🤦♂️
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We just got another sign the job market may be slowing downThe US private sector created far fewer jobs than expected in March, according to payroll processor ADP.
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BlackRock says investors are piling into emerging market ETFs — and it's a sign that the US economy is slowingInvestors are fuelling massive inflows into emerging market ETFs in a bid to ensure they don't miss out on rallies outside of developed economies.
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