The two underpinnings of this rally — the Trump Rally, and the Reflation Trade — are both very much intact. » Read More
Oil is likely to remain in the low $50s for the rest of the year. » Read More
Stocks rallied this morning as President Trump, meeting with retail CEOs at the White House. » Read More
Despite a rally that has sent the S&P 500 up 5%, Goldman is sticking to its fairly pessimistic call for the full year.
The trickle toward indexes has turned into a flood, with half a trillion heading into passive over the past year.
The chemical products maker is considering a potential split in its businesses, Bloomberg reported, citing people familiar with the matter.