Stocks were stumbling but what just happened?
It was a loser week locally. In fact, it has been a loser month. But we are up over 7% for the half year and 18.5% for the year
Expert buy, hold and sell recommendations from our team of analysts.
It was a loser week locally. In fact, it has been a loser month. But we are up over 7% for the half year and 18.5% for the year
Despite rising bond yields and the growing uncertainty, as well as the implications of who will win the US election, Wall Street is doing its best to resist gravity.
With the heat of the Middle East war cooling for the moment, Wall Street has focussed on the tailwinds of lower inflation...
This week the negativity associated with the Middle East conflict has outweighed the positivity from the surprise stimulus from China
This week the negativity associated with the Middle East conflict has outweighed the positivity from the surprise stimulus from China
Only history will ultimately tell us if this first rate cut of the Federal Reserve of 50 basis points, when the consensus of economists was tipping only a 25-basis point cut, will prove to be the deepest.
Wall Street is defying history with September being notorious for sell-offs, but the overall vibe of the data drops seems to be saying inflation is falling...
A recession spooked Wall Street did not get the news it needed with the jobs report apparently coming in worse than expected
At the beginning of August, recession fears spooked Wall Street and took the Nasdaq down over 7% sending global markets lower as well.
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