Goldman Sachs says the bull market is over
Goldman Sachs analysts think this stock market sell-off will lead to the end of the post-crisis bull market. …read more […]
Goldman Sachs analysts think this stock market sell-off will lead to the end of the post-crisis bull market. …read more […]
(Bloomberg) — It has been a week of steep drops for some emerging-market stocks, but Johannesburg-traded Sasol Ltd. has out-plunged its peers, battered by the crash in oil prices and concern among investors of a potential looming rights offer as it grapples with a debt burden of about $8 billion.Shares in the fuels and chemicals producer, South Africa’s biggest company by sales, have lost more than 60% since the week started, the most among the 1,401 members of the MSCI Emerging Markets Index, which is down 5.6%. The latest slump has dragged the stock to levels last seen in early …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
It has been three weeks since the coronavirus-driven volatility hit the global economy, and the market continues to rapidly move into both the green and the red. Since its February 19 peak, the S&P 500 has ultimately shed 15% of its value, with it swinging violently in either direction on a seemingly daily basis. As for the other major U.S. indexes, they seem to be following this pattern to a T.Given the uncertainty related to how long the aftermath of the virus’ outbreak will weigh on the market, investors are turning to the pros for guidance, namely healthcare investing guru …read more […]
Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks for the first time since the markets crashed on March 9, 2020 amid the coronavirus scare. …read more […]
Is CME Group Inc (NASDAQ:CME) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […] …read more […]
U.S. consumer prices unexpectedly rose in February but are likely to decline in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain. The report from the Labor Department on Wednesday, which also showed a steady rise in underlying inflation last month, is however, unlikely to change financial market expectations that the Federal Reserve will cut interest rates again at its policy meeting next week. The Labor Department said its consumer price index increased 0.1% last month, matching January’s gain, as …read more […]
(Bloomberg) — The battle for control of the global oil market intensified again on Wednesday as Saudi Arabia promised to increase production capacity and the United Arab Emirates said it plans to pump as much as possible next month.Riyadh said it will boost capacity to an unprecedented 13 million barrels a day, doubling down on Tuesday’s pledge of extra output in April. The U.A.E., a close Saudi ally, then promised to push more crude to customers than it can produce. These are fresh shots in an all-out war that has seen prices crash and the outlook for the market darken …read more […]
The United Arab Emirates joined Saudi Arabia on Wednesday in promising to raise oil output to a record high in April, as the two Gulf Arab oil producers in OPEC took a united stand in a standoff with Russia that has hammered global crude prices.
Goldman Sachs said on Wednesday the S&P 500 bull market, the longest on record, is likely to end soon, forecasting a 28% slump from its February peak as the fast-spreading coronavirus is seen taking a toll on corporate profits.
It’s really great to see that even after a strong run, Alpha Pro Tech (NYSEMKT:APT) shares have been powering on, with… …read more […]
Each of the three major indices was off more than 2% in early trading. …read more […]
Whilst it may not be a huge deal, we thought it was good to see that the Goodrich Petroleum Corporation (NYSEMKT:GDP… …read more […]
(This March 10 story corrects to show Telefonica Brasil and TIM plan joint bid for Oi’s mobile business, not whole company)
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