Stocks Tumble Most This Year With Recession Warnings Blaring
The selloff in US equities accelerated Monday, with major averages tumbling to their worst day this year, as investors braced for a slowdown in the Amerian economy. The tech-heavy Nasdaq 100 Index plunged 3.8% for its worst day since October 2022. The S&P 500...
US Consumers’ Pessimism Grows, Long-Run Inflation Outlook Stable
US consumers expect slightly higher inflation in the near term and are growing more pessimistic about their finances, according to a monthly survey from the Federal Reserve Bank of New York. Median expectations for year-ahead inflation rose slightly in February to...
Strategists See More S&P 500 Volatility as Tariff Fears Kick In
A chorus of Wall Street strategists is warning about rising volatility in the stock market, with Morgan Stanley’s Michael Wilson the latest to sound the alarm on slumping economic growth amid President Donald Trump’s trade wars. The strategist, who was a prominent...
Cracks are forming in America’s economy. Trump is a big reason why
America’s nearly five-year economic boom is starting to show its age. Cracks are forming in the economy’s foundation: Layoffs are mounting, hiring is slowing, consumer confidence is eroding and inflation is picking up speed. Although all of those things would almost...
Wall Street Starts to Rethink Lofty S&P 500 Forecasts for 2025
For two consecutive years, stock-market prognosticators lifted their outlooks for the S&P 500 Index over and over again to keep up with an unrelenting rally. Now just under three months into the year, sell-side strategists at firms including JPMorgan Chase &...
Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call
President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes market turmoil. Asked on Fox News’ Sunday Morning Futures whether he’s expecting a...
Oil Falls to Six-Month Low as Economic Concerns Rattle Markets
Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US tariffs will sap global energy demand. West Texas Intermediate dipped 1.5% to end the session near $66 a barrel, the lowest settlement price...
Fed’s Daly Sees Rates in ‘Good Place’ Amid Elevated Uncertainty
Federal Reserve Bank of San Francisco President Mary Daly said growing uncertainty among businesses could slow demand in the US economy but doesn’t require a change in interest rates. Business leaders in her Fed district have conveyed that “uncertainty surrounding the...
Oil’s Bearish Lurch Has Speculators Betting Worse Is Yet to Come
Brent slumped to a three-year low as bearish clouds gathered Shaky demand outlook runs headlong into swelling supplies Oil prices suddenly broke out of a months-long slumber this week to touch a three-year low. Now, traders are grappling with the question of whether...
Tesla’s Post-Election Surge Vanishes as Musk Focuses on DOGE
In the weeks after Donald Trump won the US presidential election, investors pumped more than $700 billion into Tesla Inc. shares, betting that Elon Musk’s relationship with the commander in chief and growing political prominence would pay off for the automaker. Barely...
Rationale for why Secular Bear Market for S&P 500 began on 2/19/25
Market crash and volatility expert Michael Markowski will provide the rationale for why secular bear market for S&P 500 began on 2/19/25. Details provided during Saturday 11:30AM EST session. Michael will explain how Wall Street’s FEAR and GREED are fueling...
Americans are behind on car payments at a record level
Americans are missing their car payments at the highest rate in decades, according to Fitch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of...
Tesla Erases $700 Billion ‘Trump Bump’ as Sales Slide Globally
A slide in Tesla Inc. on Friday is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric-vehicle maker would benefit from CEO Elon Musk’s close relationship with President Donald Trump made its stock one of the top...
Chaotic Market Burns Array of Hedge Fund Strategies in February
Millennium Management, Citadel and other top hedge funds posted lackluster returns in February, as market gyrations reversed momentum on key trades and clobbered popular stocks. Multistrategy firms with an equity market-neutral bias took some of the biggest hits....
