Winning Stock Plays

Active home listings dropped 7% in May to the lowest number Redfin has ever recorded going back to 2012. New listings, meanwhile, fell 25% year over year to 465,000 last month. That’s due to high mortgage rates, which have discouraged owners from selling their homes. Loading Something is loading. Thanks for signing up! Access your… Continue reading The housing market is seeing its worst inventory shortage in over a decade as high rates trap homeowners and slow the spring homebuying rush

The global profits recession that has been plaguing investors for months may finally be easing. In a recent report, Goldman Sachs identified 50 stocks expected to grow their profitability. The median stock should increase profitability by 13% over the next year, well above the S&P 500. For months, Wall Street analysts have pointed to a… Continue reading Goldman Sachs: Despite slowing macroeconomic conditions, these 50 stocks are poised to increase their profitability faster than the rest of the market

David Rosenberg sees shades of the dot-com bubble in the fanfare around tech stocks and the economy. The veteran economist compares AI hype today to internet mania in the early 2000s. A recession appears to be a virtual certainty as the US economy runs out of steam, Rosenberg says. Loading Something is loading. Thanks for… Continue reading Markets guru David Rosenberg says the tech-stock frenzy reminds him of the dot-com bubble – and warns the US economy is barreling towards recession

Total US short interest exceeded $1 trillion as of last Friday, S3 Partners data shows. The top five shorts are mega-cap tech stocks Tesla, Apple, Microsoft, Nvidia and Amazon. That comes after big stock market gains so far this year. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Short sellers are betting more than $1 trillion against US stocks after big run

China’s economy is transitioning away from previous growth drivers, UBS analyst Tao Wang wrote. That means Beijing is unlikely to launch the type of stimulus that earlier downturns saw. “Large stimuli cannot address deep-rooted structural issues,” the economist wrote in the Financial Times. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading China’s economy is undergoing a structural transition, so don’t expect a massive stimulus package, analyst says

A rolling recession in the economy has turned into a rolling expansion, according to market veteran Ed Yardeni.He said the resilience of underlying sectors of the economy should help limit stock market downside. “We expect that consumers will have enough purchasing power to keep the economy growing.” Loading Something is loading. Thanks for signing up! Access… Continue reading A rolling recession in the economy is turning into a rolling recovery that should help limit downside in the stock market

China is looking into hidden, unpaid debt across local governments, sources told Bloomberg. Officials have launched nationwide inspections in a sign that Beijing is trying to minimize financial risk. China has more than 3,000 administrative units, with many relying on “local government financing vehicles.” Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading China is trying to dig up hidden, unpaid government bills in an attempt to minimize financial risk