This sure has been one tough market these past few weeks. One day, stocks are rallying on renewed hopes of a December Fed rate cut. The very next day, they’re weighed down by worries of an impending AI bubble. It’s no surprise that the CBOE Volatility Index (VIX) — widely …
How are we enjoying the “normal seasonal soft patch” so far? The stock market spent the past week chopping around the range left by the sharp drop the prior Friday, while confronting the ghosts of crises past: regional-bank balance-sheet worries , possible re-escalation of China trade hostilities, a crypto flash …
Wall Street is undergoing a minor AI-nxiety attack. Long-percolating concerns about the massive and perhaps undisciplined tech-company investments in artificial-intelligence infrastructure and the lavish valuations bestowed on these businesses started to boil over last week. And with it, a vigorous debate over whether a hazardous equity bubble is underway, on …
A stock market riding a heater of historic intensity into last week didn’t need to look far to find a few tidy excuses to cool off. Perched atop a 23% ramp from the tariff tantrum low in early April and sitting just 3% below its all-time peak from three months …
I can’t be the only parent of college-age kids who routinely texts them, “Have fun. Not too much.” This roughly captures the recent market moment. Investors have loosened up and are deservedly enjoying the resounding six-week market comeback — which takes them ever closer to the hard-to-discern line between harmless …
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the …
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which extends a sideways three-month range during which the S & P 500 has traded no …
Maybe new investors don’t care about valuations. Maybe new exchange-traded funds can take Wall Street by storm. Maybe insiders aren’t in a hurry to sell. Maybe earnings are going to be much better than we think. Maybe some part of the market mechanics has broken down. Or, maybe the whole …
There’s still two months to go in the year, and this is already one of the strangest markets we have seen in a long time. In years when there are presidential elections, and particularly close elections, the market is usually more volatile earlier in the year, and returns are typically …
Friday’s rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. The S & P 500 , the Dow , and the Nasdaq just barely overcame Tuesday’s sharp losses on rising tensions in the Mideast that boosted oil …