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Economist fears a 30 percent stock market correction with consumer spending 'maxed out' Stock markets could see a hefty fall in the coming months due to a slew of trends that point to a downturn in the global economy, one economist told CNBC. Steen Jakobsen, the often-bearish chief economist at Danish investment house Saxo Bank, cited several factors including growing credit loans, ...
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| Stocks Take Early Bounce; IBD 50 Stocks Lead S&P 500, Nasdaq 100 U.S. markets rallied hard Monday, after comments from administration officials over the weekend cooled some trade war fears. Monday also brought the first signs of confirmed progress in trade relations since the Trump administration exited negotiations in the Trans-Pacific trade partnership in January, ...
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| Markets Right Now: Tech slide leads stocks sharply lower NEW YORK (AP) — The latest on developments in financial markets (all times local):. 4 p.m.. A late-afternoon drop in technology stocks pulled indexes sharply lower on Wall Street, erasing much of a powerful rally from the day before. It was solid red in the technology sector Tuesday. Chipmaker Nvidia ...
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Morgan Creek Acquires Full Tilt Capital for Blockchain Push Earlier this month, it was reported that the U.S. Securities and Exchange Commission had issued dozens of subpoenas to firms and people behind specific coin offerings that it believes might be breaking securities laws. Morgan Creek said it will work with lawyers to make sure each transaction meets ...
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| JGBs dip as stocks rally amid ebb in trade war fears The 30-year yield edged up 0.5 basis point to 0.740 percent after declining to 0.735 percent late last week when fears of a trade conflict between the United States and China shook the global financial markets. Tuesday's 500 billion yen ($4.73 billion) 40-year auction attracted sufficient demand, with the ...
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| Top Investment chief says financial markets are in trouble Guggenheim Investments' Scott Minerd warns clients that inflation and rate hikes from the Federal Reserve will lead to the next market downturn.
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| US financial markets will be closed on March "U.S. financial markets will be closed on March 30 for Good Friday. The Easter weekend, including Easter Monday on April 2, also coincides with Passover this year, which begins on Friday." Shareholders expecting an 8k will have to wait till mid week next week !! "Are we there yet Daddy "........ "No " ...
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