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Will central banks hurt this sufferable sell-off?
We’re in the hands of central banks right now.
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Switzer on Saturday
Tech stocks getting re-loved. Or is it too early?
Just when it looked like it was time to crow about the tech sector being ready to be re-loved even earlier than I expected, along came a few disappointing reporting results from big US tech companies and a better-than-expected jobs report!
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Switzer on Saturday
Only the Fed can ruin the good market vibes
Market positivity continues to triumph over negativity with all three US stock market indexes up before the close. The Friday view on what looks like another winning week for stocks is that a better -than-expected economic growth number and the good reporting news for Tesla have been big drivers of these share price gains over the week.
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Switzer on Saturday
What do I make of this market negativity?
Negativity made a comeback on US stock markets and according to AMP’s Shane Oliver, this is why “US recession risk is high, but if there is one it’s likely to be mild.”