A top market analyst’s warning in late October about a looming “prisoner’s dilemma” and an “AI wobble” in the stock market became prescient this week.
The trade was simple — and worked until it didn’t. Wrap crypto in a stock ticker. Call it innovation. Ride the wave.
The first year of Trump’s second presidency has brought an outperformance of international stocks over the S&P 500.
In the absence of key government data, corporate earnings are even more important.
Investors’ seemingly unshakeable faith that stocks can only go higher has one of Wall Street’s biggest optimists growing concerned.
Michael Burry’s Scion Asset Management disclosed bearish wagers on Nvidia Corp. and Palantir Technologies Inc. just days after cryptic warning.
Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months.
