Published: August 12, 2020, 4:25 PM ET Company Logo Terrence Horan Shares of Tesla Inc. TSLA jumped 13.12% to $ 1,554.76 on Wednesday, proving to be a very positive trading position for the stock market, with the NASDAQ Composite Index COMP rising 2.13% to 11,012.24 and the Dow Jones industrial …
Read More »Warren Buffett said this metric signaled the 2001 crash – now sounding the alarm on global markets
Warren Buffett once wrote that investors would have seen the dot-com crash from a mile away if they had paid attention to what he described in a 2001 Fortune article as “probably the best single measure of where valuations at any given moment stand. “ Known in investment circles as …
Read More »Consumer prices jump again in July, handball recovers from pandemic declines, but inflation remains low
The numbers: The cost of many goods and services such as gas, cars, clothing and aircraft elevation rose in July in a rebound of pandemic lows, but inflation is still barely visible in the wake of a recession caused by coronavirus, which putting the demand too much into the whole …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »The professor who developed the indicator for inverted yield curve now advises when is the right time to rebalance a portfolio of 60/40
Campbell Harvey, a professor of finance at Duke University, is best known for developing the Recession Curve Indicator, known for its sterling record in predicting downturns. In a new paper he co-authored with Edward Hoyle, Sandy Rattray and Otto van Hemert of hedge fund giant Man Group, Harvey points to …
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