By Stephanie Landsman, CNBC The early days of 2018 may be pointing to another monster year for gains, but Wall Street legend Byron Wien believes the rally is in a danger zone. Wien, vice chairman of Blackstone Private Wealth Solutions, is warning investors that a 10 to 15 percent stock market pullback is virtually unavoidable. "Sentiment is bordering on the...
By Stephanie Landsman, CNBC The early days of 2018 may be pointing to another monster year for gains, but Wall Street legend Byron Wien believes the rally is in a danger zone. Wien, vice chairman of Blackstone Private Wealth Solutions, is warning investors that a 10 to 15 percent stock market pullback is virtually unavoidable. "Sentiment is bordering on the...
By William Watts, MarketWatch Bullish stock-market investors didn't sweat a Tuesday selloff in Treasurys that took the 10-year yield to its highest level since March. And a further rise in yields could give equities an even bigger boost, said investor Bill Miller. In a CNBC interview Tuesday, the founder of Miller Value Partners argued that a break above 2.6% for...
By William Watts, MarketWatch Bullish stock-market investors didn't sweat a Tuesday selloff in Treasurys that took the 10-year yield to its highest level since March. And a further rise in yields could give equities an even bigger boost, said investor Bill Miller. In a CNBC interview Tuesday, the founder of Miller Value Partners argued that a break above 2.6% for...
By Matt Maley, CNBC What a start to the year. The stock market posted one of its best weeks in over a year and all the major averages hit records. However, let's be honest: those who are looking for this rally to continue nicely through the rest of the first quarter should be hoping for a pullback right here. That's...
By Matt Maley, CNBC What a start to the year. The stock market posted one of its best weeks in over a year and all the major averages hit records. However, let's be honest: those who are looking for this rally to continue nicely through the rest of the first quarter should be hoping for a pullback right here. That's...
The bulls may have ended 2017 on something of a hesitant foot, but they rekindled their bullishness as soon as the calendar was flipped. The S&P 500 gained 2.6% last week… a feat made more impressive by the fact that it only took four trading days to do it rather than the usual five. It was the best start to...
The bulls may have ended 2017 on something of a hesitant foot, but they rekindled their bullishness as soon as the calendar was flipped. The S&P 500 gained 2.6% last week… a feat made more impressive by the fact that it only took four trading days to do it rather than the usual five. It was the best start to...
The third week of crude oil's rally isn't exactly going to finish on a high note. But, we're still ending with a solid weekly gain. The bulls just need to take a breather. We're still in breakout mode. In fact, though odds are good we'll see some profit-taking in oil in the near future, there's more for the bulls to...
The third week of crude oil's rally isn't exactly going to finish on a high note. But, we're still ending with a solid weekly gain. The bulls just need to take a breather. We're still in breakout mode. In fact, though odds are good we'll see some profit-taking in oil in the near future, there's more for the bulls to...
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