Apple and Tesla are the ‘last bastions of hope’ for retail investors, say these analysts

Apple Inc. and Tesla Inc. are the stocks to watch in the days ahead, as deeper losses for investor favorites could herald a retail capitulation. That’s according to analysts at Vanda Research, who made their case in a note Wednesday as the iPhone maker battled a selloff. “Sentiment and hard money data deteriorated further in … Read more

GE HealthCare’s Spinoff Is Coming. Here’s the Challenge for the Stock.

Every action needs a home. That’s a truism on Wall Street and an idea that could create some problems for a large health care company that everyone knows about but no one owns. That’s GE HealthCare, which needs to raise its profile among investors to make sure it’s welcome before its cleave of General Energy … Read more

India is the ‘best bet’ in the global economy

The Indian chairman of conglomerate Hinduja Group said he is optimistic about India, which he called “the big, fast-moving emerging market.” Speaking to CNBC on Thursday, Ashok Hinduja explained: “We see a recession coming in the US, a recession in the UK, a recession in Europe, problems in China, [a] problem in Southeast Asia under … Read more

Bitcoin’s a market ‘tumor’ thanks to Fed’s easy money, says ‘Black Swan’ author

“‘Bitcoin, I call it a tumor. Real estate is another tumor. People have the notion that the markets should behave the way they think they should behave. When you look at the markets, they oscillate between being overvalued and undervalued.’” —Nassim Taleb Investors may appreciate easy money monetary policy for the boost it has provided … Read more

A punishing selloff in short-term debt is pushing one rate near the ‘magic’ level that ‘frightens’ markets

The yield on the 1-year Treasury note is testing 4%, a level that traders say could spill over into other rates and send shivers down the financial markets as the Federal Reserve presses ahead with its campaign to lower its balance of 8.8 billion dollars. . That balancing process, known as “quantitative tightening,” is meant … Read more

Market rout casts cloud over biggest IPO of the year as at least two deals are pulled during brutal selloff

At least two initial public offerings were withdrawn during Tuesday’s brutal stock market crash, overshadowing what is expected to be the biggest deal of the year, the $1.8 billion offering from AIG’s life insurer Corebridge Financial Inc. Israel’s technology-focused special purpose acquisition corporation, Keter1 Acquisition, withdrew its plans for a $250 million initial public offering … Read more

Why a single U.S. inflation report roiled global financial markets — and what comes next

It was the only report to be heard worldwide, shaking the confidence of traders and investors on three continents. Stocks were sold off in Asia and Europe on Wednesday, a day after the US consumer price index report for August triggered the worst day for the Dow Jones Industrial Average DJIA, +0.10%, S&P 500SPX, +0.34% … Read more

Markets are waking up to the notion that inflation hasn’t peaked

It only took a 0.1% advance in the consumer price inflation rate last month to send markets into their worst nosedive in two years. But what might seem like a relatively small rally, coupled with the fact that the headline number was actually down on an annualized basis, belie a much more significant shift in … Read more

Stock market may rally big in Q4, but there will be more pain first

The stock market could still see a rally in the fourth quarter, but it will likely feel more pain first. Chart-following strategists say Tuesday’s big sell-off was negative and signals more selling ahead. But the market could also bottom from which to pivot in the next couple of weeks, and the debate is whether that … Read more

This recession signal takes center stage as talk of a full point hike gets louder

Markets were caught off guard by a consumer price index report that showed stubborn inflation across the board, mainly in services and rents. The sell-off wiped out most of last week’s rally based on the notion of “falling inflation, peak Fed hawk.” The S&P 500 is rapidly undoing more than half of the 5%-6% rise … Read more