COMP

Investors Cashed Out of Tech Stocks.  The Selloff Might Be Ending.

Investors Cashed Out of Tech Stocks. The Selloff Might Be Ending.

Text size Traders working at the New York Stock Exchange. NYSE Investors have dumped tech stocks Recently, but indicators make it look like the worst of the selloff is over. The Nasdaq Composite has dropped about 8% since hitting a multi-month peak in mid August. Driving that has been a rising 10-year Treasury yield. That …

Investors Cashed Out of Tech Stocks. The Selloff Might Be Ending. Read More »

This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says

This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says

Still releasing from Fed Chairman Jerome Powell’s Higher-for-longer remarks last weekriskier asset like equities look set for another battering, on Monday. “You can’t have the stock market collapse over 5% on the words of one man,” grumbled FWDBONDS’ chief economist Chris Rupkey, who sees a major credibility problem for the central bank. “Fed officials set …

This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says Read More »

Fed's Powell sparked a 1,000-point rout in the Dow.  Here's what investors should do next.

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.

Now it might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a willingness to inflict “some pain” on households and businesses in an unusually blunt Jackson Hole speech that hinted at a 1970s-style …

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next. Read More »

Fed's Powell sparked a 1,000-point rout in the Dow.  Here's what investors should do next.

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.

Now it might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a willingness to inflict “some pain” on households and businesses in an unusually blunt Jackson Hole speech that hinted at a 1970s-style …

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next. Read More »