JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year already has exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’s equity quant Marko Kolanovic. While more Wall Street analysts … Read more

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Now that the Federal Reserve appears to have abandoned its forward guidance tool in favor of being “data dependent” to help inform its future path for rates, investors should keep an eye on this gauge of inflation expectations for signs of a shift in the market’s mood. Watch the five-year break-even inflation rate, one of … Read more

Want Steady Monthly Income? These Funds Offer It, With Some Risk.

Text size The sharp selloff in the credit markets during the year’s first half has created some attractive opportunities. Dreamstime.com Trickle-down economics lives on for individual investors trying to garner interest income. While the Fed has increased its key federal-funds rate to 2.25%-2.50% from basically nil earlier this year, “high yield” bank savings accounts have … Read more

Whatever you’re feeling now about stocks is normal bear-market grief — and the worst is yet to come

Stock investors have a lot more grieving to do before the bear market breathes its last. According to the five stages of bear market grief, which I addressed in mid-May, we’re currently at stage three. That leaves stages four and five to suffer through; unfortunately, these are the most painful. To summarize, the five stages … Read more

Intel earnings slammed on Wall Street: ‘Such a disconnect between the company’s optimism and the current reality’

Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. The chip company fell far short of expectations on revenue, profit, and gross margins in its late-Thursday report, and executives issued a forecast for the current quarter that … Read more

Gold scores biggest one day rally since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’

Gold and silver rose sharply on Thursday, with gold logging its biggest one-day percentage gain since March and silver rallying by nearly 7% to finish at its highest price in a month. Price action Gold GC00, +1.77% GCQ22, +1.77% for October delivery gained $31.20, or 1.8%, to settle at $1,750.30 per ounce. That was the … Read more

15 quality dividend stocks that you can buy on sale right now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 is a year that has set up attractive buying opportunities. Pouring money into stocks during a bull market means you’re buying high. But … Read more

Bitcoin Prices Soar, but Don’t Get Excited. The Crypto Rally Is Unlikely to Hold.

Text size Crypto prices jumped alongside etch stocks after the Federal Reserve announced it would raise interest rates by 75 basis points. Dreamstime Bitcoin and other cryptocurrencies were rallying on Thursday as investors piled back into risk-sensitive assets following the Federal Reserve’s latest decision on monetary policy. But analysts don’t see this crypto rally as … Read more

As Twitter rethinks its San Francisco footprint, a bigger $9 billion question hangs over the city’s office market

Twitter Inc. put its large San Francisco office footprint on review for downsizing on Wednesday, and has nixed the opening of an office in Oakland, Calif., a person with direct knowledge of the matter said. The move clouds the future of the social-media site’s stylish San Francisco headquarters, a 1.1 million-square-foot trophy office complex at … Read more

Nasdaq leads stocks higher after Fed delivers expected interest rate rise

Stocks doubled their earlier gains Wednesday afternoon with the Nasdaq Composite advancing 3.7% after the Federal Reserve raised its benchmark interest rate by another 0.75 percentage point to combat hotter-than-expected inflation. Stocks added to gains after Fed chair Powell noted in his press conference that another unusually large boost in rates in September would depend … Read more