The second wave of a rolling bear market is about to begin, says top forecaster
We have very wealthy people taking profits [on stocks] and we see a lot of speculation in the market. I think the market is going to start to go down.
Recent
Jim Cramer: We're Feeling the Wrath of the Sellers - And It's About Time
Phew, we're going down. Thank heavens we are getting clobbered. It's about time we've felt the wrath of the sellers.
7 of the biggest reasons why the stock market is having a dreadful September
Thus far, September has lived up to its billing as a weak month for stocks. And getting back into sustained rally mode may take some time.
Kudlow—Contradicting Other Top Officials—Says Stimulus Not Needed For Economic Recovery
“I don’t think a V-shaped recovery depends on the [stimulus] package,” Kudlow told reporters, adding that “the economy is improving nicely.”
A little help from our friends: banks team up as FX trading gets tougher
many banks are outsourcing parts of their foreign exchange businesses, a trend that may cement big lenders’ dominance of global currency trading.
Insurers' hedge fund investments may face chop after dismal pandemic performance
Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector
Credit Suisse, UBS held tie-up talks backed by both chairmen: Bilanz
The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland's two largest banks during discussions earlier this year.
