*Fed minutes say surprised about quick progress in U.S. job market. NEW YORK, Aug 20- U.S. "The Fed came out with a hawkish tone in its minutes and people's perception is that the Fed will move soon on rates," said Tom di Galoma, head of fixed income rates and credit trading at ED&F Man in New York.» Read More
Stocks were lower at the halfway point Wednesday as investors shrugged off some good news and worries about the recovery gripped the market.
Stocksskidded Wednesday, despite a rise in durable-goods orders and some earnings beats, as worries about the recovery dragged on the market.
The weak consumer confidence report that hit U.S. stocks on Tuesday is having a lingering effect this Wednesday, with global stock markets falling and stock index futures pointing to another lower open on Wall Street.
When Dr Doom says the dollar carry trade is about to come to an end and the greenback will soar as equities crash you have to, at the very least, take his predictions seriously. His view is based on the assumption that there is a so-called ‘Wall of Money’ driving recent equity gains and other assets like gold and oil.
Simply beating the street with profits appears to no longer be enough to boost stocks. Investors want sales to beat if they are going to buy.
Both the Dow and S&P closed lower on Monday as investors ditched natural resource names after commodity shares succumbed to pressure from the higher U.S. dollar.
The stock market is getting harder and harder to please, strategists told CNBC on Wednesday as global stocks fell on profit taking and failed to lift after more better-than-expected corporate earnings results.
While the stock market rally could falter at any time, a weak dollar and strong global demand could mean no end in sight for the run-up in commodities prices.
The Dow is up by 52 percent since the March low, the DAX in Germany is up 59 percent. Whilst there may be some different factors driving those gains in America and Germany the trend is that investors are taking on more risk as bond yields continue to offer very little return.
The decade that brought us the Enron scandal, the Madoff scandal, the subprime scandal, the Stanford scandal and the great bailout scandal has just two months to run and we have another scandal, the Rajaratnam scandal.
There is renewed talk about the weak dollar. But don’t believe it.
Stocks and gold are crowded markets and there is a risk that everybody will want to exit at the same time, Hugh Hendry, chief investment officer at Eclectica, told CNBC Friday.
When bond yields begin to return to their long term average expect money to pour out of equities. Until that moment factors such as profits, revenues and growth may have less of an impact on the equity market than you might think.
Legendary Wall Street investor Byron Wien, senior managing director at Blackstone Group, issued his predictions of top surprises for 2009 at the beginning of the year. Ten months later, he discussed those predictions with CNBC.
Risky assets will continue to outperform safer assets and investors should stick to bonds and quality stocks such as Johnson & Johnson, Intel and CSX, instead of Treasurys and cash, Bob Doll, vice chairman and global CIO of equities at BlackRock, told CNBC.
That is Cramer’s mission after the depression and recession we suffered over the past year.
America and China have a problem. A very big multi-trillion dollar problem that shows no sign of going away whatever the financial crisis throws at it.
Despite a fairly aggressive round of Fedspeak, investors are paying only moderate heed to the notion that a change in policy is likely any time soon.
Normally, stocks and bonds don't go up at the same time. But these days, nothing in the markets seems normal.
Stocks rose on Thursday after a surprise profit from Alcoa sent materials names higher and generated an overall feeling that earnings season had gotten off to a strong start.