Markets

The SEC has waged war against the cryptocurrency industry this year with a string of lawsuits. At the heart of it is SEC chief Gary Gensler – who has railed against crypto since taking office. Amid his regulatory battle against crypto, Insider maps the evolution of his views on the sector. Loading Something is loading.… Continue reading SEC’s Gary Gensler is waging war against crypto. Here’s a look at how his views on the industry have evolved over the years

Low inventory, high mortgage rates, and high prices have created a difficult housing market.  Homeowners have seen equity climb, but house hunters are having a hard time breaking into the market. Purchases by real estate investors plunged 45% in the second quarter compared to last year. Loading Something is loading. Thanks for signing up! Access… Continue reading The housing market is stuck: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead

The stock market could hit record highs before the end of the year, according to Bank of America.When stocks are up 10%-20% heading into September, the month’s returns are positive 65% of the time, BofA said.”2023 has a bullish setup for September and the rest of the year.” Loading Something is loading. Thanks for signing… Continue reading The stock market will hit record highs by the end of the year based on Goldilocks scenario, Bank of America says

Warren Buffett and Elon Musk find value in the same kinds of businesses. Buffett likes toll roads that give him monopoly power and the ability to raise prices easily. Musk wields huge influence by addressing bottlenecks like EV charging and space transportation. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Warren Buffett’s toll roads, Elon Musk’s bottlenecks, and why both men prize the same kinds of businesses

US Markets Loading… H M S Premium Fund manager Kimberly Scott sees value in mid caps while interest rates are elevated. Kimberly Scott, Macquarie Asset Management This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Lofty interest rates are a once-in-a-generation headache for investors, according to Kimberly Scott. The… Continue reading A top-7% fund manager over the past 15 years shares the once-in-a-generation challenge she sees in markets — and names 6 stocks that look attractive right now

August has historically been a rough month for markets. This year proved no exception as the stock rally ground to a halt. Here are some of the month’s biggest winners and losers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. August is… Continue reading The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks

Filip De Mott US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images Stocks were mostly higher on Friday with major indexes notching a weekly gain.  Jobs data showed the labor market cooling and wage growth slowing.  The report was a sign that… Continue reading US stocks rise to gain for the week as traders assess August jobs report

Bitcoin finished August about 10% lower, its second consecutive losing month.  Crypto was caught up in a tough sell-off that hit stocks and bonds throughout the month.  Bitcoin extended losses into September, down more than 2.5% on Friday to trade at $25,660.  Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Bitcoin just had its 2nd-straight losing month as crypto sold off in August along with stocks and bonds