It’s a scary time for investors, but they need to find the courage to face their fears

Martin Pelletier: Those who face their fears when things are at their scariest always end up with the most candy Halloween has come early this year for investors. Photo by Jeenah Moon/Getty Images files It was just a matter of time, 14 years to be precise, before the doomsayers finally got another kick at the… Continue reading It’s a scary time for investors, but they need to find the courage to face their fears

‘Market trust is gone’: What traders are saying about Liz Truss’s tax-cut U-turn

U.K. prime minister and chancellor scrap a proposed tax cut for the country’s highest earners Author of the article: Bloomberg News David Finnerty, Naomi Tajitsu and Vassilis Karamanis U.K. Prime Minister Liz Truss’s mini-budget of unfunded tax cuts, unveiled in late September, sent the pound to a record low a week ago. Photo by HANNAH… Continue reading ‘Market trust is gone’: What traders are saying about Liz Truss’s tax-cut U-turn

These money-saving strategies can help investors make the most of a very bad year

Jason Heath: You can earn a guaranteed return on your investments whether markets rise or fall A trader works on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters files Investor sentiment is very different this year compared to 2021 when North American stocks returned over 25 per cent. As we enter… Continue reading These money-saving strategies can help investors make the most of a very bad year

Stock Market Today: Dow Spikes 765 Points to Start Q4

Stocks kicked off October with a bang, as a “bad news is good news” economic report sent Treasury yields retreating and prompted investors to take a bite of risk. Specifically, the Institute for Supply Management’s purchasing managers’ index fell to 50.9 in September from the August reading of 52.8. This is the lowest level since… Continue reading Stock Market Today: Dow Spikes 765 Points to Start Q4

What the Midterms Mean for Stocks

The United States has midterm elections on Tuesday, Nov. 8. The midterms will determine control of the Senate and the House of Representatives, as well as the governorships of 36 states, including large population ones like California, Florida, New York and Texas. This promises to be the most significant and critically important election in memory.… Continue reading What the Midterms Mean for Stocks

Stocks won’t find a bottom without more clarity on the timing of an economic rebound, and the market will be under pressure for up to 12 months, Morningstar says

Morningstar expects over the next six to 12 months that the stock market will remain under pressure and volatility will stay high for the foreseeable future.  The equity market is “significantly undervalued” and is trading at about a 20% discount to fair value, said the firm in its Q4 outlook.  It also expects the federal… Continue reading Stocks won’t find a bottom without more clarity on the timing of an economic rebound, and the market will be under pressure for up to 12 months, Morningstar says

Dow soars 764 points to kick off October as US stocks surge on slide in US dollar and lower bond yields

Matthew Fox Xinhua/Wang Ying/ Getty Images US stocks kicked off October with strong gains as all major market indices jumped over 2%.The surge came amid a decline in the US dollar and a slide lower in bond yields.The rally was initially sparked by the UK government’s reversal of its tax-cut proposal. Loading Something is loading.… Continue reading Dow soars 764 points to kick off October as US stocks surge on slide in US dollar and lower bond yields

A soaring US dollar will force the Fed to pivot away from its interest rate hikes, but that won’t be enough to prevent an earnings recession, Morgan Stanley says

The Federal Reserve will likely follow in the Bank of England’s footsteps and pivot, according to Morgan Stanley.The bank said global US dollar liquidity is now in the “danger zone where bad stuff happens.”But stock investors shouldn’t be too excited by any Fed pivot because an earnings recession is imminent, Morgan Stanley said. Loading Something… Continue reading A soaring US dollar will force the Fed to pivot away from its interest rate hikes, but that won’t be enough to prevent an earnings recession, Morgan Stanley says