By Keris Lahiff, CNBC Retail is sizzling this summer. The S&P 500 industry group is one of the best performers over the past three months, with the XRT retail ETF tracking for its best month since last November. The tail end of the earnings season could give the group even more upward momentum with specialty store stocks such as Abercrombie...
By Keris Lahiff, CNBC Retail is sizzling this summer. The S&P 500 industry group is one of the best performers over the past three months, with the XRT retail ETF tracking for its best month since last November. The tail end of the earnings season could give the group even more upward momentum with specialty store stocks such as Abercrombie...
By Stephanie Landsman, CNBC David Rosenberg sees cracks in the longest bull market ever. The Gluskin Sheff chief economist and strategist blames the record run's "artificial support," citing the boost stock and credit markets have been receiving from central banks around the world. But now, he predicts it could all come crumbling down as easy money policies fade. "Keep in...
By Stephanie Landsman, CNBC David Rosenberg sees cracks in the longest bull market ever. The Gluskin Sheff chief economist and strategist blames the record run's "artificial support," citing the boost stock and credit markets have been receiving from central banks around the world. But now, he predicts it could all come crumbling down as easy money policies fade. "Keep in...
The recent downward price swing in Gold has kept Goldbugs frothing at what they believe is a very unusual and unexplained price function in the face of so much uncertainty throughout the globe. With Turkey, Russia, China and many others experiencing massive economic and currency crisis events, Gold has actually been creeping lower as the US Dollar strengthens. It is...
The recent downward price swing in Gold has kept Goldbugs frothing at what they believe is a very unusual and unexplained price function in the face of so much uncertainty throughout the globe. With Turkey, Russia, China and many others experiencing massive economic and currency crisis events, Gold has actually been creeping lower as the US Dollar strengthens. It is...
By Bill Baruch, CNBC The greenback has been red hot, but the rally's days are likely numbered. The dollar index has soared around 8 percent since its February low, but I believe we've seen the top for 2018. A few factors are at play here, including the euro's recent trading pattern and the Federal Reserve's hiking path. Eyeing the euro......
By Bill Baruch, CNBC The greenback has been red hot, but the rally's days are likely numbered. The dollar index has soared around 8 percent since its February low, but I believe we've seen the top for 2018. A few factors are at play here, including the euro's recent trading pattern and the Federal Reserve's hiking path. Eyeing the euro......
– S&P 500 has already exited correction phase – By Mark DeCambre, MarketWatch The Dow Jones Industrial Average on Tuesday was on the brink of bursting out of correction territory for the first time in more than six months, underscoring some signs of renewed optimism on Wall Street. The blue-chip benchmark has so far failed to trade 10% above the...
– S&P 500 has already exited correction phase – By Mark DeCambre, MarketWatch The Dow Jones Industrial Average on Tuesday was on the brink of bursting out of correction territory for the first time in more than six months, underscoring some signs of renewed optimism on Wall Street. The blue-chip benchmark has so far failed to trade 10% above the...
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