Bear Market: When Are Stocks “Cheap” Enough?
The U.S. stock market is officially in bear market territory by falling more than 20%. So far, the Canadian stock market has lost about 9% from its peak, but it’s…
The crash in the Nasdaq is looking a lot like the bursting of the 2000 dot-com bubble — and that lasted almost 3 years
The Nasdaq stock index is plunging faster than during the dot-com crash in 2000, dredging up bad memories on Wall Street. Back then, the index fell for around two-and-a-half years…
Mortgage Rates Continue Higher Into The 6’s
Yes, mortgage rates really moved above 6% yesterday for the first time since 2008. Yesterday’s coverage addressed the core of the matter (definitely read that one here if you haven’t…
The Next Fed Rate Hike Could Be 75 Basis Points. What That Means for Investors.
Amid rampant inflation, some are calling for an aggressive Federal Reserve response Friday’s CPI report came as an indication to some that the Federal Reserve may increase interest rates by…
Biggest Fed rate hike since ’94 overwhelmingly expected; what next for stocks?
The markets are now pricing in a 75-basis-point rate hike at Wednesday’s FOMC decision, something not seen since the Alan Greenspan days more than 27 years ago. There is now…
Bitcoin drops as much as 17%, falling below $23,000 as $200 billion wiped off crypto market over the weekend
Bitcoin tumbled below $23,000 on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets. Meanwhile, a crypto lending company called…
BlackRock lists 3 reasons not to buy the dip
U.S. stocks have seen the biggest year-to-date losses since the 1960s, but investors should still stick to the sidelines, BlackRock Investment Institute says. As the S&P (SP500) (NYSEARCA:SPY) and Nasdaq…
The Stock Market Bears Take Over
It was evident at the start of the week that it was going to be a challenge for the retreating stock market with the much anticipated Consumer Price Index (CPI)…
Nasdaq futures down more than 2% after Wall Street’s worst week since January
U.S. stock futures fell Sunday night as Wall Street tries to recover from one of its worst weeks of 2022. Futures tied to the Dow Jones Industrial Average dropped 340…
What Does Inflation Do to the Stock Market?
Inflation can be good or bad for the stock market, but in general high inflation is very bad news The relationship between inflation and equity prices is complex. When inflation…