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How Biden’s unpopular economic record could be a challenge for Kamala Harris

by Walter Watson
How Biden’s unpopular economic record could be a challenge for Kamala Harris

As the frontrunner for the Democratic party’s nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden’s economic record. That could be problematic for the …

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David Rubenstein says Fed not likely to cut rates before the election

by Walter Watson
David Rubenstein says Fed not likely to cut rates before the election

Don’t expect rate cuts from the Federal Reserve before the November election, according to David Rubenstein. “Generally the Fed wants to stay out of politics,” the co-founder and co-chairman of …

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Investors are most bullish since Nov. 2021, survey says

by Ron Morgan
Investors are most bullish since Nov. 2021, survey says

Optimism is high on Wall Street at the midpoint of the year. Investors are the most bullish they have been since November 2021, according to the global fund manager survey, …

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Why so many investors find it hard to embrace this run to records

by Walter Watson
Why so many investors find it hard to embrace this run to records

What to make of a record-setting market rally that elicits more mistrust than fear of missing out? The S & P 500 has made an all-time high on nearly thirty …

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Here’s what investors expect from stocks after the Fed on Wednesday

by Walter Watson
Here’s what investors expect from stocks after the Fed on Wednesday

Wednesday is set to be a big day for investors with fresh inflation data in the morning and a new summary of economic projections from the Federal Reserve in the …

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Small bitcoin stake makes sense regardless of cryptocurrency thesis, says Fidelity

by Walter Watson
Small bitcoin stake makes sense regardless of cryptocurrency thesis, says Fidelity

Some investors might be trying too hard to understand bitcoin and missing an investing opportunity in the process, according to an executive from Fidelity Digital Assets. Matt Horne, head of …

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Bad economic news has been good for stocks, but that could change this week

by Walter Watson
Bad economic news has been good for stocks, but that could change this week

Bad economic news so far has been mostly positive for the stock market, as investors worry over whether the Federal Reserve will start cutting interest rates. There’s a danger, though, …

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Market crash indicator with spotty track record ‘Hindenburg Omen’ triggered last week

by Walter Watson
Market crash indicator with spotty track record ‘Hindenburg Omen’ triggered last week

Not all may be well on Wall Street, even with the stock market at all-time highs. The ominous “Hindenburg Omen” was triggered last week, StockCharts.com chief market technician David Keller …

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Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’

by Walter Watson
Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’

Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. “In the fourth quarter, as the Fed’s dot …

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The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’

by Walter Watson
The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’

The return of “Roaring Kitty” sparked a jaw-dropping advance in GameStop shares Monday, but such a speculative rally in an unprofitable company will likely end badly once again. Roaring Kitty, …

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