In 2007, 20 years after the 1987 stock market crash, a Wall Street columnist for USA Today reviewed the four conditions that caused the storm. The column ran within days of the Dow and NASDAQ peaks, just as the Great Recession and 2007 – 2009 bear market began. Today we’re seeing three of the four […]
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41% of the world’s biggest investment funds predicted a stock market downturn in 2019. They were dead wrong. The Dow Jones is up 18% year-to-date and hovering just below all-time highs. The bearish sentiment is even higher going into 2020 with 48% now predicting a downturn. Even the experts get it wrong. A whopping 41% […]
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Corporate stock buybacks are the primary driver of the epic ten-year stock market bull run since 2009, according to Deutsche Bank statistics. Companies are buying back their own stock at record pace, artificially inflating share price value. Real domestic investor inflows appears to be declining. The US stock market bull run has been raging for […]
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The stock market is on the brink of setting new records and the consumer, which has been propping up the U.S. economy, has the power to make or break that momentum. A couple of key economic indicators that are set to be released this week happen to be a gauge on the strength of the […]
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Amidst a slight pullback in the U.S. stock market, Ed Yardeni, president of Yardeni Research, said that the S&P 500 is expected to see a big breakout heading into 2020, predicting an increase to 3,500 points. The S&P 500 slightly dipped on Friday as the U.S. stock market experienced a swift sell-off. | Chart: Yahoo […]
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The S&P500 has had an incredible decade of gains, but can the momentum be derailed? | Source:: AP Photo/Richard Drew, File The S&P 500 (SPX) is just three months away from closing the book on an incredible decade. While the index has made gains over the last few days, it appears that we are witnessing […]
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The Dow Jones risked snapping its three-day winning streak after bond yields resumed their punishing slide. | Source: Shutterstock By CCN Markets: The Dow and broader U.S. stock market all turned lower on Tuesday, as heightened geopolitical tumult drove investors out of equities and into the perceived safety of government bonds. Dow Slides; S&P 500, […]
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The Dow sprang 275 points because investors are salivating over a new round of easy ECB stimulus to juice the economy. | Source: Johannes EISELE / AFP By CCN Markets: The Dow and broader U.S. stock market extended their relief rally into the new trading week, as plunging consumer prices in the Eurozone bolstered expectations […]
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Most of Wall Street is expecting the Fed to cut interest rates in coming days, but the question is by how much? For the most part, economists fall in one of two camps – a 25 basis-point cut or a 50 basis-point cut. But according to one White House official, half-a-point is just not going […]
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The Dow and broader U.S. stock market set new highs on Wednesday, as investors shrugged off geopolitical tensions ahead of Independence Day. While there was no immediate catalyst for the rally, the Federal Reserve’s dovish policy shift continues to offer fuel for the record-setting pump. Dow Hits New Highs; S&P 500 Follows All of Wall […]
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