Thrashed Stock Bulls Look to Future and See Nothing But Bad News
Limitless optimism has been replaced in two short years by a pervasive sense of dread, with inflation and the efforts of central banks to restrain it.
Limitless optimism has been replaced in two short years by a pervasive sense of dread, with inflation and the efforts of central banks to restrain it.
A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities.
Making money in the stock market will likely look different over the next few years compared to the low interest rate era.
With the labor market continuing to be super competitive, the baseline for hourly wages may be approaching $20.
The rebound in equities may not have much further to go, strategists at Goldman Sachs Group Inc. and UBS Global Wealth Management warned.
Reserve managers have moved out of dollars in two directions, one quarter headed into renminbi and three quarters into currency of smaller countries.
For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine.