Strategist maintains contrarian call, says S&P could drop 13% Peak in growth, value trends ‘presage’ bear market, he warns Bulls are charging around in stock-market forecasts, but to Stifel, Nicolaus & Co.’s Barry Bannister, this rally looks like a 1990s...

Youth unemployment rate climbs for two months in a row Figure is more than three times the overall jobless rate China’s youth unemployment rate rose for the second straight month to its highest level this year as the labor market faces a challenging outlook due to a...

They’ve raised allocations to listed companies, private equity Private equity, listed stocks make up half of their portfolios Citigroup Inc.’s family office clients are reducing their cash holdings to make investments in riskier asset classes, reflecting their...

Here are three stories that caught our eye this week: 1) AI Narrative Alive & Well “What were you thinking?” That was Scott McNealy — former CEO of Sun Microsystems — who opined on investor ebullience during the dot-com bubble. McNealy went on to say: “At 10 times...

Value of purchases rose 0.1% in August; estimate 0.2% drop Control-group sales increased for a fourth straight month US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail...

Politicians are overselling the effectiveness of tariffs while underselling the costs to American businesses and households. In 2016, Donald Trump campaigned for the US presidency on a promise to beat China. Once in office, he unleashed a barrage of tariffs and export...

There’s lots Ford and GM could learn from the likes of BYD about building affordable electric cars. For a century, America’s car plants, dealer lots and highways have been the world’s preeminent automotive battlefield. No longer. China has grown to be simultaneously...

Lynas facility near Houston shows challenges facing industry Beijing controls about 70% of production of the key minerals A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of...

Factory output, consumption, investment data disappoint Hong Kong-listed equities brace for impact as mainland is shut Chinese stocks trading in Hong Kong look primed for losses on Monday following a poor set of economic data that’s deepened skepticism over any...

Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action. Receding inflation and growing economic concerns prompted the European...

Trouble at VW, Commerzbank shake up Europe’s biggest economy Populist surge in regional elections adds to uncertainty Germany muscled its way through the Covid-19 pandemic and managed to avoid a devastating industrial shutdown after Russia cut off its gas supplies....

The company’s focus will be on developing artificial intelligence with 3D perception. Artificial intelligence startup World Labs announced its official launch on Sept. 13. The firm is reportedly valued at over $1 billion and has raised more than $230 million in...

Hedge funds turned net bearish on Brent crude for the first time on record as concerns about an oversupply of oil hammer futures prices. Money managers’ short positions outnumbered long bets by 12,680 lots in the week ended Sept. 10, the first time that’s happened in...

Weaker prospects of real income growth, comfortable retirement Election adds to uncertainty in University of Michigan survey A record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the...