The tech sector’s plunge into a bear market in 2022 will be followed by a 20% surge in 2023, Wedbush’s Dan Ives projects. The Fed is in the “7th inning” of rate hikes, and companies preparing to guard margins set up a choppy but upside path for tech shares. The tech-concentrated Nasdaq 100 is staring… Continue reading Tech stocks will jump 20% in 2023 as the sector dodges Fed headwinds and shows signs of resilience after this year’s ‘horror show,’ Wedbush says
Sam Bankman-Fried should cut a plea deal because an acquittal at trial is ‘virtually impossible,’ says former Watergate prosecutor
Sam Bankman-Fried should avoid a trial and cut a deal, according to a former Watergate prosecutor. Nick Akerman told Yahoo Finance that an acquittal at a trial is “virtually impossible.” “If I were his lawyer I would advise him to cut his losses, take a plea, and make the best possible deal he could,” he… Continue reading Sam Bankman-Fried should cut a plea deal because an acquittal at trial is ‘virtually impossible,’ says former Watergate prosecutor
The stock market’s next bull run won’t kick off until these 2 things occur
A new bull market for stocks won’t commence until the Fed stops hiking interest rates, according to DataTrek Research said.Additionally, investors need to have confidence in earnings expectations heading into a potential recession.”It is hard to imagine volatility declining until we get clarity on Fed policy and corporate earnings power,” DataTrek said. Loading Something is… Continue reading The stock market’s next bull run won’t kick off until these 2 things occur
Warren Buffett declared an 89-year-old carpet seller would ‘run rings around’ America’s best CEOs. Here’s the incredible story of Mrs B.
Warren Buffett said an 89-year-old carpet saleswoman would “run rings around” Fortune 500 CEOs. Buffett praised Rose “Mrs. B” Blumkin after buying her business, Nebraska Furniture Mart, in 1983. Mrs B founded NFM with $500 in 1937. It now generates an estimated $1.6 billion in annual sales. Loading Something is loading. Thanks for signing up!… Continue reading Warren Buffett declared an 89-year-old carpet seller would ‘run rings around’ America’s best CEOs. Here’s the incredible story of Mrs B.
From Sam Bankman-Fried’s arrest to bitcoin plunging below $20,000, here are the 9 craziest crypto stories of 2022
George Glover Sam Bankman-Fried was arrested in the Bahamas on fraud charges. Mario Duncanson/Getty Images 2022 was a brutal year for digital assets as worries about stability rocked the crypto world. Bitcoin plunged 64% as interest rate hikes made investors think twice about riskier assets. The high-profile collapses of FTX, Celsius, and Three Arrows Capital… Continue reading From Sam Bankman-Fried’s arrest to bitcoin plunging below $20,000, here are the 9 craziest crypto stories of 2022
Stephen Poloz: Coming recession seen as ‘easy ride’ compared to past downturns
This advertisement has not loaded yet, but your article continues below. Watch: Loonie likely to gain ground in 2023 The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press files Article content Stephen Poloz, special advisor to Osler and former Bank of Canada governor, talks with Financial Post’s Larysa Harapyn about how… Continue reading Stephen Poloz: Coming recession seen as ‘easy ride’ compared to past downturns
‘Twas the week before Christmas: Mawer’s 2022 in review
‘It’s not all doom and gloom, bear markets will end’ Traders work on the trading floor at the New York Stock Exchange as Christmas approaches. Photo by REUTERS/Andrew Kelly/File Photo Each year, the people at Mawer Investment Management Ltd. offer their year-end perspective in the form of a poem to Financial Post readers. Advertisement 2… Continue reading ‘Twas the week before Christmas: Mawer’s 2022 in review
Noah Solomon: Investor amnesia, the inevitability of market cycles and the elusive happy medium
Objective decision-making processes based on data, math and a quantifiable logic result in superior results over the long term Traders work on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters Cycles are inevitable. They have persisted since markets have existed and will endure for as long as humans engage in the… Continue reading Noah Solomon: Investor amnesia, the inevitability of market cycles and the elusive happy medium
Recent Post
