Stock index futures were aiming for a higher start on Monday as investors prepare for a tough earnings season and applaud the news that the Food and Drug Administration granted “fast track” status to a couple of candidates for vaccines produced by Pfizer Inc. and the German biotech firm BoNTech …
Read More »Will China’s epic 5.7% stock market collapse collapse on itself like 2015?
The fiercest surge in China’s stock market in years has left investors wondering whether the bull run for equities may last or fade away in disappointment. The sudden surge in China’s markets came as a result of several articles in the state media announcing the arrival of a new bull …
Read More »The stock market is poised for a 40% drop, warns the economist who says the current climate looks a lot like 1929
“ “I think we have a second tranche and that is very reminiscent of what happened in the 1930s, where people appreciate the depth of this recession and the disruption and how long it will take to recover.” “ That’s A. Gary Shilling, a longtime economist and president of A. …
Read More »Wall Street Stock Market Outlook Stuns CNBC Host Joe Kernen
“ ‘People are woefully underinvested. There are $ 5 trillion in money market funds. So I think the markets are going up. I think they are going up much more than people think. We can stop here for a while … but I think you’ll get a rocket in the …
Read More »Dow futures are up 400 points to start the week, led by a surge in China markets
US stock index futures rose sharply early Monday to begin the first full week of trading in July, with investors linking at least part of the uptrend emanating from Wall Street to a powerful rebound in China. However, Monday’s optimism in the market contrasts with a continued rise in coronavirus …
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