Wall Street heavyweights Larry Fink and Bill Ackman see US Treasury yields reaching 5%. “That could happen in the very short-term,” Ackman said. “Like literally weeks.” This is as persistent inflation will keep pushing interest rates up. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading Bill Ackman and Larry Fink see US Treasury yields hitting 5%: ‘Like literally weeks’
Billionaire investor Bill Ackman channeled Warren Buffett when he bet big on Alphabet this spring
Bill Ackman channeled Warren Buffett when he invested in Google-parent Alphabet this spring. He capitalized on market fear to buy in cheap, took a long-term view, and prized predictability. Pershing Square’s billionaire boss discussed his Buffett-style approach to the bet this week. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Billionaire investor Bill Ackman channeled Warren Buffett when he bet big on Alphabet this spring
Stock Market Today: Stocks Swing Lower as Government Shutdown Nears
Stocks jumped at the open as an encouraging reading on inflation sent Treasury yields lower. The main benchmarks lost steam as the session wore on, however, as brinkmanship in Washington D.C. has the U.S. government all but likely to shut down over the weekend. Ahead of the opening bell, the Bureau of Economic Analysis… Continue reading Stock Market Today: Stocks Swing Lower as Government Shutdown Nears
What are zero-day options? Here’s how they’re taking over a key corner of the stock market and why they could pose a big risk
It’s been one year since the CBOE launched zero-day options contracts and they’re starting to take over the stock market. Zero-day options expire the same day they are issued and they now make up 50% of S&P 500 options activity. A new ETF has launched utilizing the options contracts, and with enough scale they could… Continue reading What are zero-day options? Here’s how they’re taking over a key corner of the stock market and why they could pose a big risk
The US housing market is starting to flash a few rays of sunshine for homebuyers
The US housing market is starting to flash a few rays of sunshine for prospective homebuyers. Inventory is growing at a time of year that usually sees declines, Altos Research said. And Redfin reported that more home sellers are lowering their asking prices. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading The US housing market is starting to flash a few rays of sunshine for homebuyers
Will US house prices soar or plunge? These 5 experts are divided.
Theron Mohamed Jeremy Grantham. Fairfax Media via Getty Images via Getty Images US home prices have shrugged off the surge in mortgage rates over the past 18 months. Homeowners don’t want to sell and lose their cheap mortgages, while buyers don’t want to overpay. Barbara Corcoran, Jeremy Grantham, and other experts are split on whether… Continue reading Will US house prices soar or plunge? These 5 experts are divided.
Evercore: Buy these 26 stocks positioned for outperformance as they unlock the power of AI
Premium Generative AI provides plenty of opportunities for well-positioned stocks. BlackJack3D/Getty Images AI stocks are still a hot topic, but there’s plenty of companies that are all talk. Evercore’s Julian Emanuel searched out the stocks best utilizing generative AI. Financials and consumer-facing companies led the bunch as they cut costs and increased brand loyalty. Where… Continue reading Evercore: Buy these 26 stocks positioned for outperformance as they unlock the power of AI
US stocks end mixed to close out worst month of 2023 as investors brace for a government shutdown
Jennifer Sor September marks the second straight losing month for stocks. Reuters / Marcos Brindicci US stocks traded mixed on Friday as a government shutdown looked increasingly likely. The session also closed out a dismal September, with the S&P 500 losing 5% to mark its worst month of 2023. For the third quarter, the benchmark… Continue reading US stocks end mixed to close out worst month of 2023 as investors brace for a government shutdown