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Mohamed El-Erian: Stock market rout will not derail further Fed rate hikesWanna bet? 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
Source: MarketWatch - 🏆 3. / 97 Read more »
A stock market correction is unlikely to stop the Fed from hiking ratesWhile the number of fists banging on the table to get the Fed to re-examine its current policy arc seems to be growing by the day, central bank officials don't appear to be listening. It depends on the size of the correction but you’re essentially correct. Rates should have normalized 5 yrs ago but the Federal Reserve was more interested in Obamas legacy than the future of this country Well yea, they want to make Trump look bad. Even though he repeatedly says stop raising rates. Can’t have a booming stock market under Trump, certainly not before midterms. You hacks are transparent
Source: CNBC - 🏆 12. / 72 Read more »
Here’s how much damage has been done to the stock market during a powerful routSo, how much damage has been done to the integrity of a stock market that just last week was testing the bounds of psychological heights at around 27,000? Let’s explore.
Source: MarketWatch - 🏆 3. / 97 Read more »
Jim Chanos says there's something wrong with the stock market when rates this low cause panicProminent short seller Jim Chanos is troubled by the fragility of the stock market, saying recent equity sell-offs in response to modest increases in borrowing costs isn't a healthy sign. Was hoping $CAT put him out of business. jennablan I wonder if the volatility surrounding the rate hikes have to do with the exploding national debt. I've had this theory for about a month now. jennablan What the hell else would a short-seller say?
Source: CNBC - 🏆 12. / 72 Read more »
Italy's stocks are in bear market territory as the global market rout reignites budget crisis fearsWhile most stock markets are contending with fears of a global slowdown, Italian investors have also got to consider a cocktail of domestic risks, largely linked to the country's ongoing budget crisis, which has seen its government clash with the European Union over its spending plans.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market volatility is back and history shows these Dow stocks thrive during turbulent timesBut history shows there are certain stocks that thrive during these volatile times. Steady stocks with big dividends and consistent revenues such as UnitedHealth Group, Chevron and Verizon came back as winners.
Source: CNBC - 🏆 12. / 72 Read more »
World stocks try to find feet after tech-driven routWorld stocks steadied on Wednesday and Wall Street was set to open firmer after ... J
Source: Reuters - 🏆 2. / 97 Read more »
This brutal stock-market rout mirrors the 1987 crash in 1 important wayAs the Dow Jones Industrial Average faces its ugliest Decembers loss since 1931, the time of the Great Depression, there is another notable way to put the severity of this persistent bout of losses into historical context.
Source: MarketWatch - 🏆 3. / 97 Read more »