Bulls Stare Into Dark Abyss As Event Risks Loom
It wasn’t a good week to be a bull. Images of FedEx’s largest one-day plunge
It wasn’t a good week to be a bull. Images of FedEx’s largest one-day plunge
Wall Street will spend the final day of a somewhat tedious week fretting over FedEx,
Markets moved closer to what felt like a breaking point Friday. FedEx’s bleak remarks on
Sentiment among fund managers is “super-bearish,” according to the September vintage of BofA’s closely watched
Risk sentiment is “appalling,” BofA’s Michael Hartnett declared. Or despaired. Investors ditched stocks over the
The Fed is in the inflation fight for “as long as it takes,” Lael Brainard
Generally speaking, market participants were pleased with the latest jobs report out of the world’s
If Neel Kashkari was “actually happy” to see US equities fall following Jerome Powell’s terse
“We expect new highs in yields and new lows in stocks.” That was the message
Rates are too low and inflation isn’t likely to drop below 4% until at least
Not all bears are alike. Take the American black bear, for example. They’re typically shy,
“Everyone is bearish but no one has sold stocks,” BofA’s Michael Hartnett said, in the
Investors were “back in credit,” “back in tech” and “fading inflation” over the past week.
According to one popular sell-side strategist, a string of “very hot” US economic data could
Fade it at 4,200. That’s still the mantra for some strategists convinced the nascent rebound
Enigmatic. That’s the best way to describe second quarter earnings season in the US, where
You could make a fairly long list of compelling reasons to distrust the rally in
The nascent recovery in beleaguered stocks is rational, but if you ask one popular sell-side
I’m sympathetic to the possibility that a true reckoning for US corporate profits may still
The “big low” isn’t in. That’s the overarching (and all too familiar) message from one
A tsunami of corporate earnings will wash over markets in the weeks ahead. Generally speaking,
A few days ago, a reader suggested the Fed, having woefully miscalculated while appraising both
A never-ending deluge of headlines touting the developed world’s worsening cost of living crisis belies
Do nosebleed levels on the most widely-cited measure of bond volatility presage a counter-trend rally
“It ain’t over ’til the Fed lady sings,” BofA’s Michael Hartnett wrote, employing a somewhat
Last year, when it became apparent to everyone that inflation might be on course to
US stocks are in a bear market. Maybe you noticed. A recession is either inevitable
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