Corporate/Industry News

These stock sectors should be strong if the bulls are really in control

These stock sectors should be strong if the bulls are really in control

It’s still a bear market, according to the relative strength ranking of the US stock market sector. This is because the sectors that generally do best at the end of bear markets have been lagging lately. Conversely, sectors that usually do the worst at the end of bear markets have outperformed. This is not what …

These stock sectors should be strong if the bulls are really in control Read More »

These small-cap stocks could make you the most money in 2023, based on two important data points

These small-cap stocks could make you the most money in 2023, based on two important data points

Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …

These small-cap stocks could make you the most money in 2023, based on two important data points Read More »

Opinion: High debts and stagflation will bring the mother of all financial crises

Opinion: High debts and stagflation will bring the mother of all financial crises

NEW YORK (Project Syndicate) – The global economy is heading for an unprecedented confluence of economic, financial and debt crises, following the explosion of deficits, borrowing and debt over the past few decades. In the private sector, the mountain of debt includes that of households (such as mortgages, credit cards, car loans, student loans, personal …

Opinion: High debts and stagflation will bring the mother of all financial crises Read More »

The S&P 500 is about to cross a level that could spell the end of the bear market

The S&P 500 is about to cross a level that could spell the end of the bear market

The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …

The S&P 500 is about to cross a level that could spell the end of the bear market Read More »

The S&P 500 is about to cross a level that could spell the end of the bear market

The S&P 500 is about to cross a level that could spell the end of the bear market

The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …

The S&P 500 is about to cross a level that could spell the end of the bear market Read More »

401(k) Hardship Withdrawals Hit an All-Time High of 'Worrying', Says Vanguard

401(k) Hardship Withdrawals Hit an All-Time High of ‘Worrying’, Says Vanguard

Amid stubbornly high inflation, a record proportion of Americans are turning their 401(K) accounts into emergency piggy banks, according to Vanguard. Dissecting data from a sample of about five million employer-sponsored 401(k) accounts that Vanguard manages, the researchers said that 0.5% made hardship withdrawals in October. It’s a “worrying” all-time high, said retirement savings and …

401(k) Hardship Withdrawals Hit an All-Time High of ‘Worrying’, Says Vanguard Read More »

Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

The new year is fast approaching and one idea for where to invest is the banking sector, whose margins benefit from high interest rates, at undemanding valuations. This statement may surprise those who think that the US banking industry has about $2.2 trillion in capital. But it reduces that figure in several ways. First, he …

Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse Read More »

Future Returns: Turning to Hedge Funds in Today's Market Uncertainty

Future Returns: Turning to Hedge Funds in Today’s Market Uncertainty

Amid equity and bond market volatility this year, hedge funds have largely served as a buffer for investors, and some private wealth managers expect these alternative investment vehicles to continue to deliver results over the the year to come. Although aggregate hedge fund returns fell 9.3% this year in the third quarter, large-cap US stocks …

Future Returns: Turning to Hedge Funds in Today’s Market Uncertainty Read More »

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »