Times News Network
Look out above, the dip buyers are back in town. Stock futures are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its … Read More “Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.” »
A rough month for stocks is drawing to a close, and many investors likely will not be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the bar on a mixed season for tech earnings. Our call of the day … Read More ““So bad, it’s good.” This beleaguered stock market has one big asset on its side, say strategists.” »
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $ 9 trillion balance sheet to help cool US inflation pegged at a 40-year high, the process might not be as straightforward as its two-year growth streak, according to Edward Al-Hussainy, a senior … Read More “How the Federal Reserve could cut its near $ 9 trillion balance sheet as it fights inflation” »
And just like that. A positive turn in Ukraine-Russia newsflow has a rebound firmly underway for risk assets on Tuesday. The back and forth may be far from over, with Credit Suisse warning clients that armed conflict would knock 10% off stocks. And should this crisis start to ease, the full focus is likely to … Read More “This is what it will take to drive the S&P 500 beyond 5,000 this year, say global fund managers” »
