The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks. Investors Read more
Tag: Street
Wall Street on course to continue its rotten run, with ISM manufacturing data in focus
U.S. stock futures edged lower on Friday as worries about slowing economic growth continued to suppress investors’ risk appetite, potentially extending a rotten run that saw Wall Street record its Read more
Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the shortage after the memory-chip maker forecast a poor outlook following Read more
Investors lose confidence worldwide as aggressive rate hikes drive market volatility higher, State Street data says
Investor sentiment around the world took a hit in June, according to one measure, with global equity markets closing out an ugly first half to 2022. State Street data showed Read more
First Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate
Deutsche Bank, the first major bank to predict a U.S. recession in the current inflationary era, now sees a chance that price gains won’t come off nearly as much as Read more
Opinion: Being a true contrarian investor and outsmarting Wall Street takes more than just going against the crowd
Genuine contrarians are rare on Wall Street. When “blood is running in the streets,” to quote that famous — and genuine — contrarian Nathan Rothschild, hardly anyone wants to buy. Read more