Growing Pile of Distressed Debt Signals Coming US Default Wave
A heap of distressed debt is expanding in the US corporate bond market and investors worry that a burst of defaults will follow.
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Pimco Reloads Stock Shorts, Says Tech Is ‘Canary in Coal Mine’
Portfolio manager Erin Browne, warns that the latest earnings woes from tech giants are a sign of what’s coming next for Wall Street.
Goldman Sachs Says US Equity Bottom Conditions Are Not There Yet
“US equity valuations do not yet offer a historically large premium to the real returns on offer from bonds and cash.”
Mnuchin Warns Market Watchers Who Misread Fed May Be Wrong Again
Mnuchin says market watchers are being too alarmist about the threats presented by inflation and the Federal Reserve’s monetary tightening.
Nasdaq Freezes Chinese Small-Cap IPOs After Price Spikes
The Nasdaq Stock Market has quietly halted listings of small-cap Chinese companies, holding up approval letters and demanding more information.
Microsoft CEO Explains the 'Paradox' of the Remote Work Debate
A recent Microsoft (MSFT) survey found that employers and workers still disagree over whether remote work boosts or kills productivity.
BofA Survey ‘Screams’ Capitulation With Rally Set for 2023
Sentiment on stocks and global growth among fund managers surveyed by BofA shows full capitulation, opening way to an equities rally in 2023.
