A “super bubble” appears dangerously close to its “last act” after the recent rally in US stocks tempted some investors to return to the market ahead of a potential “tragedy,” according to Jeremy Grantham, the legendary co-founder of the Boston investment firm. genetically modified organisms. Grantham, who has repeatedly warned investors of a bubble in …
The US stock market’s summer rally from year lows in June came to a halt in August, leaving major indexes with monthly losses as investors brace for the start of a traditionally unpleasant month for stock bulls. Since 1950, September has been the worst-performing month of the year for the DJIA. -0.88%And the S&P 500 …
Summer stock market momentum ran out. What does history say about september. Read More »
Financial market investors are concerned that the US is on the brink of economic downturn as central bankers in Jackson Hole reaffirmed their intention to raise interest rates to control inflation. Steve Hanke, professor of applied economics at Johns Hopkins University, said he thinks the US is heading for a “massive” recession next year, but …
Financial market investors are concerned that the US is on the brink of economic downturn as central bankers in Jackson Hole reaffirmed their intention to raise interest rates to control inflation. Steve Hanke, a professor of applied economics at Johns Hopkins University, said he believes the US is headed into a “massive” recession next year, …
font size Last Friday, Wall Street had its worst day in months. Angels Vice/AFP via Getty Images Stocks rebound on a quiet day before Labor Day Tuesday as markets digest the recent slump caused by the Federal Reserve. Help cool interest rates and energy prices. Soon after opening, a file Dow Jones Industrial Average It …
Stock Market Today: Dow gains rise, PATH and beyond Read More »