The journey from here could get much more bumpy after the Dow recorded its worst one-day loss since June 11 on Friday, lowering the blue chip index to its lowest point since May 26 and at least momentarily leaving I encourage equity investors. who may be gradually losing their bullish …
Read More »A broken uptrend in key government bond yield could bode badly for stocks
Too much for V-shaped recovery. The yield on the 10-year Treasury bond TMUBMUSD10Y, 0.647% it just broke below an ascending trend line, suggesting that the uptrend of the COVID-19 low in early March has ended. That upward trend in rates was significant for both Main Street and Wall Street. It …
Read More »Gap hopes he can polish his image with a new clothing line Kanye West, echoing the rapper’s brand success with Adidas.
UBS analysts saw what Kanye West did for Adidas AG and thought that the controversial rapper and fashion designer could do the same for sick Gap Inc. Gap announced on Friday that it has partnered with Kanye for the Yeezy Gap collection that will include items for men, women and …
Read More »The author of ‘Black Swan’ says that if investors don’t use a ‘tail hedge’, he recommends ‘not being on the market’ – ‘We are facing great uncertainty’
“ “If you don’t have tail coverage, I suggest that not being in the market we face great uncertainty.” “ That is the author of “Black Swan: The Impact of the Highly Unlikely”, Nassim Nicholas Taleb, who offers his point of view on the risks that arise in the market …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
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