By Stephanie Landsman, CNBC The U.S. stock market's latest run to all-time highs could be giving investors a false sense of security. Market watcher Marc Faber, often hailed as the original "Dr. Doom," is not backing down from his long-held correction warning — even though nothing has materialized. "You don't see, and I don't see. And, nobody sees. That's why...
By Stephanie Landsman, CNBC The U.S. stock market's latest run to all-time highs could be giving investors a false sense of security. Market watcher Marc Faber, often hailed as the original "Dr. Doom," is not backing down from his long-held correction warning — even though nothing has materialized. "You don't see, and I don't see. And, nobody sees. That's why...
By Stephanie Landsman, CNBC The finance professor who correctly called the Dow Jones industrial average's surge to 20,000 said he expects stocks to jump even higher in the last 101 days of the year. The Wharton School's Jeremy Siegel believes it'll have a lot to do with President Donald Trump's intention to get business-friendly reforms passed on Capitol Hill —...
By Stephanie Landsman, CNBC The finance professor who correctly called the Dow Jones industrial average's surge to 20,000 said he expects stocks to jump even higher in the last 101 days of the year. The Wharton School's Jeremy Siegel believes it'll have a lot to do with President Donald Trump's intention to get business-friendly reforms passed on Capitol Hill —...
Amazingly enough, it's almost here. The end of the third quarter of 2017 is just a week and a half away, and the unofficial beginning of Q3's earnings season kicks off when Alcoa (AA) reports on October 18th. Plenty of major names will be reporting before then, however. Translation: It's not too soon to start talking about what may be...
– FOMC takes first step to reverse massive bond-buying spree – By Jeffry Bartash, MarketWatch The Federal Reserve still plans to raise interest rates once more before year end, but the central bank on Wednesday signaled its cycle of rate hikes might end sooner than planned. In a long-anticipated move, the Fed also announced it will slowly shrink its huge...
– FOMC takes first step to reverse massive bond-buying spree – By Jeffry Bartash, MarketWatch The Federal Reserve still plans to raise interest rates once more before year end, but the central bank on Wednesday signaled its cycle of rate hikes might end sooner than planned. In a long-anticipated move, the Fed also announced it will slowly shrink its huge...
How does the line from the movie The Godfather go? "Just when I thought I was out , they pull me back in." That's an apropos description of for crude oil prices of late. Just when it looked like oil was going to break out of a short-term slump and rekindle a long-term recovery move, something goes wrong to put...
How does the line from the movie The Godfather go? "Just when I thought I was out , they pull me back in." That's an apropos description of for crude oil prices of late. Just when it looked like oil was going to break out of a short-term slump and rekindle a long-term recovery move, something goes wrong to put...
By Rebecca Ungarino, CNBC The chances of an interest rate hike announcement in December have increased in recent days, according to a new Bank of America report published ahead of the Federal Reserve's meeting this Wednesday. "Interestingly, market expectations for December have climbed higher over the past few days, pricing in nearly even odds of a move in December," strategists...
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